Volume of mobile money transactions in West Africa 2016-2020
highest mobile money transaction value and volume in 2019.
As of 2020, the volume of mobile money operations in West Africa reached 6.4 billion, up from 4.8 billion the previous year. This represented a rise by 29 percent, following a visible upward trend since 2016. Moreover, the 2020 volume accumulated a total transaction value of 178 billion U.S. dollars. Overall, compared to other regions of the world, sub-Saharan Africa recorded the