Germany’s platform for remittances to Africa’s entrepreneurs
Herve Tcheumeleu has lived in Germany for almost 20 years. He was caught off guard two years ago when his
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Africa
Remittances and the Economic Crisis in Africa
Remittance inflows to sub-Saharan Africa in 2019 stood at US$46 billion and were projected to increase to US$65 billion in
Read moreRural families and remittances decline
Rural families are the most affected by the Covid 19 pandemic as remittances continue to decline globally. International Fund for
Read moreDecline of Remittances Puts Rural Families at Risk
The economic impact of the COVID-19 pandemic has led to the loss of millions of jobs in the developed and
Read moreThe African Postal Financial Services Initiative: A success story on remittances at the post office in Africa
Published on: March 5, 2019
Report
The African Postal Financial Services Initiative (APFSI) was led by IFAD’s Financing Facility for Remittances in partnership with the World Agriculture – a promising market for the diaspora
Over the last decade, remittance flows from diaspora communities to their countries of origin have been steadily increasing. With government
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 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 moreRemittances from Moroccans based overseas hit $6.8 billion in 2016
The Head of the Moroccan government has revealed that remittances from the country’s citizens living overseas reached $6.8 billion last
Read moreDiaspora remittances hit a new monthly record
Kenyans abroad made record monthly remittances in May consolidating the inflows’ position as the highest foreign exchange source ahead of
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