Benin’s financial inclusion rate reaches 92.8% in 2025

Benin recorded a financial inclusion rate of 92.8% in 2025, the highest in the West African Economic and Monetary Union, according to the BCEAO’s annual report. Togo ranked second at 90.7%, followed by Côte d’Ivoire at 88.7% and Senegal at 88%. The BCEAO credited progress to partnerships between banks and electronic money issuers, as well as interoperability services enabling transfers between bank accounts and mobile wallets. Benin’s rate rose by 3 percentage points, while Niger posted the year’s largest increase, at 8.7 points.