GFRID 2018 Official Report

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Published on: March 5, 2019

Report

This report presents the highlights and key outcomes of the first country-led Global Forum on Remittances, Investment and Development, hosted

International Day of Family Remittances – Endorsements 2017

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Published on: May 23, 2018

Brochure

The International Day of Family Remittances is observed each 16 June and recognizes the key contribution of migrant workers to

Remittances power progress towards Sustainable Development Goals

August 29, 2017 development, Mobile money, remittances, Xpress Money

Remittances to developing markets to hit USD 6.5 trillion in the 2015-2030 period Remittances to developing markets have proved to

Market developments in the global remittances industry

August 10, 2017 digital wallet, Marketplace, markets, Mobile money, remittances, savings

The blueprint of the global economy and trans-national trade works in a clear cut pattern, which we have been familiar

Mobile money is only just starting to transform some of Africa’s markets

August 10, 2017 Africa, digital wallet, electronic money transfer, Migrants, Mobile money, remittances, savings

Edward Joseph Karemera, 39, a resident of Buikwe district in central Uganda, has been running a fish trading business between

Sending Money Home: Contributing to the SDGs, One Family at a Time

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Published on: August 10, 2017

Report

This report provides data and analysis of remittances and migration trends for developing countries over the past decade, as well

Transmission Troubles

September 5, 2016 IMF, Migrants, Mobile money, remittances, savings, Western Union

Heavy inflows of remittances impair a country’s ability to conduct monetary policy Many developing and emerging market economies are modernizing

Financial Inclusion Key In Improving Postal Services

September 5, 2016 Africa, Mobile money, Postal networks, remittances, unbanked, World Bank

Africa’s postal services regulator, UPU, has stressed on the need for member states to employ financial inclusion ensure that the

Study: Mobile international remittances expected to exceed $25B by 2018

June 19, 2016July 12, 2016 International money transfer, Mobile money, remittances

A new study from Juniper Research has found that international remittances — including airtime top-ups — via mobile phone will exceed $25 billion by 2018, up 67 percent from an estimated $15 billion in 2015, according to a press release about the report.

The research found a significant upsurge in international remittance activity in the past two years with a number of cross-border mobile remittance services being deployed. For example, PayPal-owned Xoom announced in April 2016 that it will expand its services to 13 new recipient countries.

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.