Mobile Money B2B Infrastructure & Cross-Border Payments for SME Trade Corridors

What we checked

• Scored 82 of 100 by our analysis model, which ranks this list. Not an independent rating.
• 3 source reports read and listed below.
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What is driving it

• Mobile money transactions growing 74% year-on-year with mobile penetration above 120%
• Government US$50 million Fintech Growth Fund providing co-capital and regulatory tailwinds
• Telecom operators pledged ~US$400 million in 2025 for 5G rollout, expanding addressable user base
• AfCFTA intra-African trade integration creating demand for frictionless cross-border B2B settlement

What could go wrong

• SEC enforcement against unlicensed schemes is intensifying—regulatory compliance costs are rising for new entrants
• Competitive pressure from well-capitalised incumbents (MTN MoMo, Zeepay) compressing margins in retail payments

Full analysis

Ghana is experiencing a sharp investment inflection point in 2026. The Ghana Investment Promotion Authority (GIPC) confirmed US$2.62 billion in FDI attracted in 2025—a more-than-fourfold jump from US$617 million in 2024—driven by 253 new and existing projects spanning manufacturing, agribusiness, energy, technology and infrastructure. A US$11.48 billion pipeline of announced and committed investments (including a US$1 billion Ghana-UAE AI Hub and a US$5 billion fertiliser plant) signals durable structural momentum. The GIPC Act is being overhauled to eliminate minimum capital requirements for foreign investors, a landmark policy shift since 2013. The US lifted its 15% tariff on Ghanaian cocoa, cashew and tropical fruit exports in November 2025, restoring export competitiveness; the UK-Ghana bilateral trade relationship has reached £1.6 billion with agribusiness identified as a priority pillar. Mobile money transactions grew 74% year-on-year and Ghana's ICT sector expanded 13.1% in Q1 2025, while climate-tech and agritech startups attracted significant venture capital in a 'quality over quantity' funding environment. FDI inflows are projected to rise to US$2.80 billion in 2026 and US$3.11 billion in 2027, supported by renewable energy, digital services and logistics growth.

Ghana's mobile money transactions grew 74% year-on-year and the ICT sub-sector posted 13.1% growth in Q1 2025—the fastest growing sub-sector in the economy. The Bank of Ghana's regulatory sandbox facilitated the February 2025 pilot of BrijX, a B2B Cedi–Naira direct currency-swap platform, opening a capital-efficient cross-border payments niche that is structurally under-served for AfCFTA-linked SME trade.

Market drivers:

• Mobile money transactions growing 74% year-on-year with mobile penetration above 120%
• Government US$50 million Fintech Growth Fund providing co-capital and regulatory tailwinds
• Telecom operators pledged ~US$400 million in 2025 for 5G rollout, expanding addressable user base
• AfCFTA intra-African trade integration creating demand for frictionless cross-border B2B settlement

Risks:

• SEC enforcement against unlicensed schemes is intensifying—regulatory compliance costs are rising for new entrants
• Competitive pressure from well-capitalised incumbents (MTN MoMo, Zeepay) compressing margins in retail payments

Sources

What the analysis was built on. Some rows hold a headline, some hold the address of the report; both are printed as filed. We do not host the originals.

• thebftonline.com/2025/10/09/unpacking-economys-fastest-growing-sector-in-2025/
• practiceguides.chambers.com/practice-guides/international-trade-2026/ghana/trends-and-developments/O23608
• techlabari.com/ghanas-tech-ecosystem-raises-an-estimated-56m-in-2025/

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