
Gabon's mobile money international transfers surge by 196.3% in Q1 2026
In Gabon, mobile money activity experienced a slight slowdown in the first quarter of 2026, though it maintained a favorable year-on-year dynamic. As of March 31, the sector's revenue decreased by 2.5% compared to December 31, 2025, and the number of electronic financial transactions fell by 0.2%. However, the annual comparison shows a 16% increase in revenue and an 11.9% rise in transactions. The latest sectoral economic report from the Directorate General of Economy and Fiscal Policy highlights an expanding user base, with the total number of electronic money accounts growing by 5% during the quarter, driven by a 1% increase in active accounts and a 7% increase in non-active accounts. While deposits and withdrawals declined by 7.7% and 6.9% respectively over the quarter, they remain up by 8.8% and 11.1% year-on-year. Payments showed the strongest performance among current operations, increasing by 7.3% quarter-on-quarter and 29.3% year-on-year. National transfers and those within the Central African Economic and Monetary Community CEMAC decreased by 7.3% and 11.9% over the quarter, but grew by 15.4% and 26.3% year-on-year, respectively. International transfers saw an exceptional increase of 196.3% over the quarter and 318.3% year-on-year, attributed to a rise in transactions with destination countries.



