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UEMOA: 151% increase in the number of electronic money accounts

05/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Le jeudi dernier, les services de la Banque centrale des Etats de l' Afrique de l' Ouest ont indiqué que le nombre de coptes de monnaie électronique a enregistré une hausse de 151% within the UEMOA between 2019 and 2023, going from 76.96 million to 193.55 million

.

In the space of five years, between 2019 and 2023, the number of electronic money accounts increased from 76.96 million to 193.55 million within the West African Economic and Monetary Union, according to a press kit made public during a national consultation workshop organized as part of the West African Economic and Monetary Union, according to a press kit made public during a national consultation workshop organized as part of the vision of the regional financial inclusion strategy. According to this document, “during the same period, the number of bank accounts increased from 14.63 million to 22.65 million, and from 13.16 million to 20.59 million for accounts opened with microfinance institutions

.”

According to the same document, despite this progress, “challenges related to equal access to digital financial services between men and women, risk management, risk management, consumer protection from NFS as well as identification documents for certain populations remain”.

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