Across Africa, governments are increasingly turning to mobile money as a revenue lever as fiscal pressures intensify and digital transactions become more visible, yet evidence from multiple markets shows a consistent outcome: usage declines, financial inclusion weakens, and the tax base ultimately shrinks. Mobile money has expanded financial access at a scale few systems have […]
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Why Taxing Mobile Money Is Backfiring Across Africa
Ameyaw DebrahBy Ameyaw DebrahSun, 19 Apr 2026 · 3d ago3 views
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Governments across Africa are increasingly taxing mobile money to boost revenue amid fiscal pressures. However, evidence indicates this approach often leads to declining usage, weakened financial inclusion, and a shrinking tax base. Mobile money had previously expanded financial access significantly.
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Ameyaw Debrah
#["People & Lifestyle"#"Taxing Mobile Money"]