#Africa Fintech can cut remittance costs to a fraction

September 5, 2017 Africa, family remittances, financial inclusion, financial institutions

One of the most attractive uses for fintech is in enabling overseas remittances. A total of 19 African countries rely

Mobiles speed up financial inclusion in Africa

March 8, 2016July 9, 2016 Africa, financial inclusion, Mobile financial services, Mobile money

A study of five countries in Sub-Saharan Africa reveals 63 per cent of respondents are unbanked, and 52 per cent use mobile money through agents.Twenty per cent of the population use mobile money services on a mobile phone, and half of these people are unbanked.

The key role of migrants and remittances in the UNSGSA 2015 Annual Report to the Secretary-General

November 18, 2015July 9, 2016 financial inclusion, Migration, netherlands, queen maxima, remittances

The key role of migrants, and the tremendous impact that remittances have on their families and communities back home, is well highlighted in the UNSGSA – H.E. Queen Máxima of the Netherlands – 2015 Annual Report to the Secretary-General, “Financial Inclusion – creating an inclusive world”.