Zimbabwe’s central bank has shut down the use of mobile money for cash transactions
Mobile money is fast blossoming in Africa, boosted by rising mobile adoption across the continent, but in Zimbabwe—which is battling
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Markets
Remittance and migration trends within Africa
Africa has one of the world’s most mobile populations, and African nations account for a large and growing slice of
Read moreStrong growth recorded in outward remittances
Outward remittances grew significantly by 23.3 per cent to RM40.64 billion last year from RM33 billion in 2017, said Bank
Read more#Africa Fintech can cut remittance costs to a fraction
One of the most attractive uses for fintech is in enabling overseas remittances. A total of 19 African countries rely
Read moreRemittances power progress towards Sustainable Development Goals
Remittances to developing markets to hit USD 6.5 trillion in the 2015-2030 period Remittances to developing markets have proved to
Read moreMarket developments in the global remittances industry
The blueprint of the global economy and trans-national trade works in a clear cut pattern, which we have been familiar
Read moreBitcoin Mainstream Adoption in Philippines is Rapidly Increasing, Replacing Banks
Mainstream bitcoin adoption in the Philippines is rising at an exponential rate, as millions of users, local employees and expat
Read moreMobile money is only just starting to transform some of Africa’s markets
Edward Joseph Karemera, 39, a resident of Buikwe district in central Uganda, has been running a fish trading business between
Read moreTransmission Troubles
Heavy inflows of remittances impair a country’s ability to conduct monetary policy Many developing and emerging market economies are modernizing
Read moreRemittances from Europe drop as Brexit jitters hit
Money sent by Kenyans living in Europe reduced by 6.3 per cent last month as the decision by Britain to
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