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Ghana becomes a force in mobile money

Some 17 percent of Ghana's 27.3 million citizens now have a mobile money account, according to a new report from the World Bank. That figure is double from 2014, according to the report.

The report concluded that Ghana is fertile ground for more mobile money account openings as 92 percent of adults have the required ID necessary to open an account and 91 percent of Ghanaians already own a mobile phone.
The World Bank said Ghana has greater potential for mobile money than Kenya and Tanzania, which are considered two of the most successful markets in the world.

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