By Boakye Stephen, Kumasi, Ghana | Reporting for Ghanaian News Canada
Ghana lost approximately US$1.3 million to mobile money fraud during the first quarter of 2025, according to the latest INTERPOL African Cyberthreat Assessment Report, highlighting the growing threat of cyber-enabled financial crimes across the continent.
The report identifies mobile money fraud as one of the most widespread forms of cybercrime in Africa, with criminals increasingly targeting users of digital payment platforms through tactics such as phishing messages, SIM-swap fraud, fake promotions, and social engineering schemes.
INTERPOL noted that the rapid growth of mobile financial services has created new opportunities for cybercriminals, who continue to develop more sophisticated methods to deceive unsuspecting users and illegally access funds.
The international law enforcement organisation also warned that the use of artificial intelligence is making cybercrime more advanced. Fraudsters are increasingly using AI tools to create convincing messages, imitate voices, and automate scams, making fraudulent activities harder for victims to identify.
To address the rising threat, INTERPOL has called for stronger cooperation between law enforcement agencies, financial institutions, telecommunications companies, and technology stakeholders. The organisation also urged governments to strengthen cybersecurity infrastructure and invest in public education campaigns to improve awareness among digital users.
Commentary
The rapid expansion of digital financial services across Africa has brought convenience and economic opportunities, but it has also created new risks for consumers.
Ghana’s growing mobile money ecosystem must be supported by stronger security measures, improved fraud detection systems, and increased public awareness. Combating cybercrime will require continuous collaboration between government agencies, financial institutions, telecom operators, and international partners.
As criminals continue to adopt new technologies, protecting citizens in the digital economy must remain a national and continental priority.
