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The African Postal Financial Services Initiative: A success story on remittances at the post office in Africa

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Published on: March 5, 2019
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The African Postal Financial Services Initiative (APFSI) was led by IFAD’s Financing Facility for Remittances in partnership with the World

International Day of Family Remittances

October 6, 2015July 13, 2016 family, GFRD, remittances

About 250 million migrant workers live outside the country they call home. A significant majority of them send money home, typically US$200 or US$300 several times a year. Adding together all the millions of transactions involved, remittances reached US$436 billion to developing countries in 2014.

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  • ⏰Reminder! National Call for Proposals (#TheGambia, #Ghana, #Senegal): Supporting #Remittances in Times of Crisis… https://t.co/DBGMKPrzhz47 minutes ago
  • RT @UNCDFdigital: “Credit, insurance, savings, investments, payments, pensions—all kinds of financial services are ripe for creative adapta…6 days ago
  • RT @Julia__Marin__: Between 2019 and 2020, the ratio of tax to GDP is expected to decrease by about 10% in at least 22 African countries; t…6 days ago

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The RemittancesGateway portal is a one-stop shop providing the latest news, events, publications, information and statistical data from a broad range of institutions, partners and stakeholders on the subject of remittances, migration and development.

The Gateway is a fully interactive website that targets industry, private and public sectors, civil society actors and the development community. Besides sharing information, the portal is a virtual forum for discussion among remittance experts and stakeholders, and an institutionally neutral platform for continuous dialogue.

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Broaden the network of rural locations through which remittances can be picked up.

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