Mobile money is emerging as a crucial tool for financial inclusion in Africa, with growing adoption driven by innovative solutions. In this dynamic landscape, Orange Money continues to expand, offering increasingly tailored services to meet user needs.
Orange Money, the mobile money transfer and payment service of French group Orange, officially opened its headquarters in Abidjan on Tuesday, February 18. This move marks a new step in the company's commitment to expanding mobile financial services across Africa and the Middle East.
According to Aminata Kane, CEO of Orange Money Group, establishing the headquarters is a key step in Orange's mission to digitize transactions and support its growing customer base. Jérôme Hénique, Executive Director of Orange Africa and the Middle East (OMEA), emphasized that the initiative reflects the company's drive to strengthen its presence in key markets and continue its 15-year history in mobile financial services.
Since its launch in Ivory Coast in 2008, Orange Money has seen rapid growth, reaching 40 million active monthly users as of February 2025. This growth aligns with a regional trend where mobile financial services play a key role in financial inclusion. In 2023, mobile money transactions in the West African Economic and Monetary Union (UEMOA) reached 171,959.1 billion FCFA (approximately $275 billion), a 146.3% increase from the previous year. Ivory Coast, with over 23 million mobile financial service users in 2023, is a major player in this transformation.
The establishment of Orange Money Group’s headquarters in Abidjan creates new opportunities for the Ivorian market and the region. It will allow for closer engagement with users and more responsive service development. West Africa is becoming a leading hub for mobile money, gradually surpassing East Africa in adoption and growth of digital financial services.
Orange Money continues to innovate, introducing QR code payments for merchants and end users. Through a partnership with Mastercard, the company launched a virtual card in 2024. Available in seven countries, the service is set for further expansion in 2025, reinforcing Orange Money’s role in shaping the future of mobile finance in Africa.
By Samira Njoya,
Editing by Sèna D. B. de Sodji