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WAEMU Rule Hits MoMo Withdrawals

2 entriesWed, Oct 7 – Wed, Oct 14Fintech & Payments

Timeline

  1. Wed, Oct 14LatestUnverified — not yet reviewed

    BCEAO Revises Mobile Money Rules, Reshaping Deposit Ownership Across West Africa

    The BCEAO has introduced new mobile money regulations that could change which entities hold customer deposits across West Africa's francophone zone. The changes directly affect Ghana's francophone neighbours and carry implications for regional fintech operators' deposit and revenue models.

  2. Wed, Oct 7Unverified — not yet reviewed

    WAEMU Free-Transfer Rule May Reshape Mobile Money Cash-Withdrawal Economics

    A new free-transfer rule introduced by WAEMU could increase the cost of cash withdrawals within the zone, potentially rippling into mobile money revenue models across West Africa. The development carries contextual relevance for Ghana's mobile money operators and their regional strategy.