The Republic of Ghana, is a country in West Africa. It is bordered by Ivory Coast to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south. Link to external site : Website for Ghana |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
15,147.08 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
19.686 Upgrade to Bronze |
| Currency | GHS |
| Class | |
| CountryISO | GH |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["GH",23.462,45]],"options":{"title":"Countries","region":"GH","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["MTN",9621000],["Tigo (Millicom)",4000000],["Vodafone",3600000],["Airtel (Bharti Airtel) - Global",2200000],["Expresso (Sudatel)",265000]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",152270],["Q4 2001",234101],["Q4 2002",384328],["Q4 2003",808169],["Q4 2004",1526926],["Q4 2005",2793198],["Q4 2006",4721904],["Q4 2007",7578091],["Q4 2008",11581978],["Q4 2009",15350435],["Q4 2010",17898749],["Q4 2011",19833814],["Q4 2012",21291216],["Q4 2013",22379679],["Q4 2014",23200974]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["ATM",2],["Agent",3],["Branch",2],["Mobile",4],["POS",1],["Web",2]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Bank",3],["MNO",2],["Vendor",1]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["BB",1],["MM",1],["MT",1],["OP",1]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",2],["BB",1],["BP",3],["Card",1],["DC",2],["DMT",3],["MB",1],["MM",2],["MP",5],["OP",1],["Paybymobile",2],["Saving",3]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",3],["Card",3],["Cash",3],["MobileBilling",1],["Wallet",3],["wallet",1]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| Central Bank | |
| Key Regulations |
Mandatory subscriber registration authorized by the National Communications Authority (NCA). Upgrade to Bronze |
| Type of law |
Common Upgrade to Bronze |
| Legal System |
Mixed system of English common law and customary law Upgrade to Bronze |
| Law is based on | |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money |
NonBank Upgrade to Bronze |
| Exclusivity |
Illegal (Dma UK-Ghana) Upgrade to Bronze |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
Jointly Led Upgrade to Bronze |
| E-Money | |
| Payment | |
| Agent |
Any non-bank may become an agent but will not own the customer Non-exclusive agents - may do this for multiple banks |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",67.68],["Banked",16],["Internet",3],["Urban",49],["Adult",62],["Literate",65.0291]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 23.46 |
| Adult % | 62.00 |
| Migrants % |
7.00 Register/Log In |
| Stock Immigrants ('000) |
1,851.80 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) |
3,300.00 Upgrade to Bronze |
| Internal Migration Rate % |
17.80 Upgrade to Bronze |
| Intl Movement Rate % | |
| Urban % | 49.00 |
| Female % | 41.80 |
| Literate % | 65.03 |
| Annual Growth % |
| Mobile Penetration % | 67.68 |
| Banked % | 16.00 |
| Access to FS % | 16.00 |
| Internet % | 3.00 |
| Branches per 100k adults | 5.28 |
| ATMs per 100k adults | 4.16 |
| POS per 100k adults | 4.16 |
| Prepaid % | 99.50 |
| Prepaid SIM Registration |
2 Compulsory Upgrade to Bronze |
| MobileUnbanked (m) | 13.34 |
| Monthly ARPU |
11.92 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Prime Candidate Upgrade to Bronze |
| Registered Wallet Users |
225,000 Upgrade to Bronze |
| Top Wallets |
MTN, Txtnpay; Zap Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |