MTN Cameroon MoMo Earns Interest on Customer Funds Held by Banks
What happened
MTN Cameroon MoMo, the mobile money arm of MTN Group, earned 11.6 billion CFA francs in 2025 from bank interest on customer cash. This figure is part of a larger 21.5 billion CFA francs earned by MTN Cameroon MoMo and Orange Money Cameroon together. The money is held in dedicated bank accounts as required by a 2018 regional rule.
From riotimesonline.com
Why it matters
The earnings demonstrate how payments businesses in Central Africa generate revenue from customer funds that must be held in reserve. The National Economic and Financial Committee published the 2025 report, which tracks the interest mobile money firms receive on these accounts.
From riotimesonline.com
Who's involved
- MTN GroupThe multinational telecommunications company whose mobile money arm earned the interest.
- CameroonThe sovereign state where the mobile money operations and bank accounts are located.
- Access BankOne of the banks holding MTN MoMo customer funds in Cameroon.
- Afriland First BankOne of the banks holding MTN MoMo customer funds in Cameroon.
- AFB BankOne of the banks holding MTN MoMo customer funds in Cameroon.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MTN GroupSpeculative
MTN Group could see its revenue increase through interest income generated from mandated customer cash reserves.
- Access BankSpeculative
Access Bank could see its interest income increase from holding MTN MoMo customer funds.
- Afriland First BankSpeculative
Afriland First Bank could see its interest income increase from holding MTN MoMo customer funds.
- AFB BankSpeculative
AFB Bank could see its interest income increase from holding MTN MoMo customer funds.