A new partnership has been established by the United Nations International Fund for Agricultural Development (IFAD) and international remittance operator Moneytrans. The project is part of the Platform for Migrant Remittances, Investments and Entrepreneurship in Africa (PRIME Africa) which is an initiative funded by the European Union and implemented by the Financing Facility for sending funds from IFAD.
This new partnership aims to strengthen the financial resilience and economic empowerment of Moroccan families remitting funds through efficient, digitalized remittance flows from Europe and through innovations in financial inclusion.