Number of e-money accounts in e-money institutions in West Africa 2020-2022

Published by
Doris Dokua Sasu,
Sep 30, 2024
In 2022, electronic money institutions within member countries of the West African Monetary Union (WAMU) counted slightly over 118 million e-money accounts. This increased from 78.6 million in the previous year. Côte d'Ivoire had the highest number of e-money issuing institutions in West Africa as of 2024.

Number of e-money accounts opened with e-money institutions in the West African Monetary Union (WAMU) from 2020 to 2022 (in millions)

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Release date

May 2024

Region

Benin, Ivory Coast, Mali, Niger, Senegal, Togo, Burkina Faso

Survey time period

2020 to 2022

Special properties

year-ending December 31; e-money institution distribution network

Supplementary notes

Figure for 2020 has been calculated by Statista from the percentage value provided by the source.

The member countries of the Banking Commission of the West African Monetary Union (WAMU) are Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo.

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