Mobile Money interoperability between Ghana and Nigeria is indeed nearing its launch.

Brij Technologies Inc. has just launched its BrijX Currency Swap B2B Digital Platform, a game-changer for intra-African trade. This platform enables real-time mobile money currency swaps between Ghanaian Cedi and Nigerian Naira, without the need for foreign exchange intermediation .

The BrijX platform is the first-ever Mobile Money Interoperability, addressing a longstanding chokepoint in intra-African trade. It has the full support of the U.S. Embassy in Ghana and regulatory approval from the Bank of Ghana .

The platform is expected to be up and running before Christmas, with final technical integrations ongoing with partner institutions like Mobile Money Limited Ghana and G-Money Financial Services .

This innovation advances a shared vision of a single, unified African market, enabling people across the continent to transact with mobile money across borders in their own local currencies .

Mobile Money interoperability between Ghana and Nigeria is indeed nearing its launch. This innovative solution will enable seamless transactions between the two countries, eliminating the need for foreign exchange intermediation.

The launch of this service is a significant milestone in promoting financial inclusion and trade between Ghana and Nigeria. With mobile money services already widely used in both countries, this interoperability will make cross-border transactions easier, faster, and more affordable.

In Ghana, mobile money has become the most popular digital financial service, with over 32 million registered accounts and 13 million active users as of 2019 . The country’s mobile money market is dominated by MTN, with a market share of over 80% .

The introduction of mobile money interoperability between Ghana and Nigeria is expected to further accelerate financial inclusion and economic growth in both countries.