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 – Endorsements 2018

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Published on: June 14, 2018

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The International Day of Family Remittances (IDFR) is observed each 16 June. Since 2018, following its adoption by the United

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

Agriculture – a promising market for the diaspora

September 8, 2017 Africa, Asia and Oceania, diaspora, Migrants, remittances, savings, Somalia

Over the last decade, remittance flows from diaspora communities to their countries of origin have been steadily increasing. With government

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

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

Project To Invest OFS’ Savings  In PH Rural Development Launched In Seoul

June 21, 2016July 12, 2016 investment, OFWs, remittances, savings, South Korea

A regional project intended to facilitate the investment by overseas Filipinos in the Philippines’ rural development was launched in Seoul on May 29, with the attendance of Secretary Imelda M. Nicolas, chair of the Commission on Filipinos Overseas (CFO), and a representative of the Philippine Embassy in Seoul.

Backed by the National Confederation of Cooperatives (NATCCO) Network, ACCESS Advisory and 10 primary cooperatives in the Philippines, the Regional Programme on Remittances and Diaspora Investment for Rural Development was launched in Seoul with some 50 resident Filipinos from more than a dozen community groups in Korea in attendance at the Ramada Encore Dongdaemun Hotel.