BCEAO Doubles Mobile Wallet Cap to 4 Million FCFA Across Eight-Member UEMOA Zone

The BCEAO has doubled the ceiling on electronic money holdings to 4 million FCFA across the eight-member UEMOA zone, a move described as a landmark regulatory expansion for digital finance in francophone West Africa. New reporting compares the policy shift to equivalent wallet-limit frameworks in Kenya, Morocco and Nigeria, placing the change in a pan-African regulatory context.