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Kwame Asante

Kwame Asante 🇬🇭

Finance Writer · Accra, Ghana
MTN MoMoCedi & FXBoG PolicyE-LevyGhana Fintech

About Kwame Asante

Kwame Asante covers the engine room of Ghana's cashless economy: MTN MoMo, Telecel Cash, AirtelTigo Money, and the regulatory tug-of-war between operators and the Bank of Ghana. Working from Accra, he has tracked the E-Levy from its contentious introduction through its 2025 abolition, the MoMo interoperability rollout, and the recurring fee disputes that flare up between telcos and the regulator. He writes for the everyday Ghanaian who wants to know what a transfer actually costs, how the cedi is moving against the dollar, and whether the latest BoG directive will help or hurt their wallet.

Areas of expertise

MTN MoMoCedi & FXBoG PolicyE-LevyGhana Fintech

Editorial beat: Ghana mobile money, MTN MoMo, cedi, Bank of Ghana policy, E-Levy.

Latest articles by Kwame

fee-changes·26 May 2026·5 min read
MTN Ghana adds 0.75% MoMo-to-bank fee from 1 June 2026
MTN Ghana told customers this week that transfers from Mobile Money wallets to bank accounts will attract a 0.75% charge starting 1 June 2026
regulation·26 May 2026·6 min read
Bank of Ghana suspends MMFL's 0.75% MoMo-to-bank fee
On 26 May 2026, the Bank of Ghana directed MMFL to suspend its proposed 0.75% MoMo-to-bank fee — one day after MTN Ghana had announced it by SMS to customers.
industry·13 May 2026·5 min read
Ghana opens GH¢500,000 youth loans under the 24-Hour Economy programme
On 13 May 2026, the Ghanaian government opened applications for Fund24, the financing arm of President Mahama's 24-Hour Economy programme. Ghanaians aged 18-35 can apply for start-up loans of GH¢5,000 to GH¢500,000 via 24hplus.gov.gh.
industry·29 April 2026·5 min read
MTN Ghana MoMo hits GH¢1.7B in Q1 2026, MMFL launches
MTN Ghana mobile money revenue grew 28.4% to GH¢1.7 billion in Q1 2026 despite Ghana's April 2025 E-Levy abolition, while MobileMoney Ltd formally separated into the new standalone fintech MMFL on 31 March 2026.
industry·10 November 2025·4 min read
MTN MoMo Nigeria expands international inbound via Thunes partnership
MTN MoMo PSB and global remittance hub Thunes have expanded their partnership so Nigerian wallets can now receive directly from more than 100 originating countries — including the UK, US, UAE and South Africa.
fee-changes·15 October 2025·3 min read
Benin MTN MoMo updates cash withdrawal tariff bands
MTN MoMo Benin revised its withdrawal-fee bands in October 2025, smoothing the steps between the XOF 5,000 and XOF 100,000 brackets and reducing the effective rate on medium-sized cash-outs.
fee-changes·2 April 2025·4 min read
Ghana abolishes the 1% E-Levy on mobile money transfers
On 2 April 2025, President John Mahama signed the Electronic Transfer Levy (Repeal) Bill into law, ending Ghana's 1% E-Levy on mobile money transfers across MTN MoMo, AirtelTigo Money and Telecel Cash.
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