The African Union has approved Ghana’s proposal for mobile money interoperability throughout the continent. President Akufo-Addo’s initiative was accepted at the recent AU Mid-Year Coordination Meeting, held in Accra and chaired by Mauritania’s President Mohamed Cheikh El Ghazouani.
This initiative aims to revolutionize financial transactions across Africa, significantly enhancing intra-African trade and economic cooperation.
By enabling seamless mobile money transfers between different countries, the proposal seeks to foster greater financial inclusion and economic integration among African nations.
The implementation of mobile money interoperability is expected to bring about more efficient and accessible financial services, benefiting businesses and individuals alike.
Report by Dede Davies