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MoMo: Transaction value climbs to GH¢335 billion in December 2024

Data from the Bank of Ghana shows that mobile money transactions in Ghana increased in December 2024 to GH¢334.8 billion.

This represents a surge from the GH¢316.4 billion recorded in November 2024.

The value of digital financial transactions in Ghana continues to rise, reflecting the growing adoption of mobile money.

The number of transactions also saw a substantial increase, climbing from 709 million in November to 745 million in December.

In December 2023, the Central Bank recorded a transaction value of GH¢199.3 billion with 657 million transactions.

In January 2024, the number of transactions dipped to 618 million but rebounded in March and April, with figures rising to 631 million and 630 million, respectively, while the transaction value climbed to GH¢203 billion by April.

By June 2024, the transaction value reached GH¢224 billion, with 644 million transactions recorded.

In October 2024, transaction values hit GH¢298.6 billion, while the number of transactions reached 728 million.

 

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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