New IFAD initiative with EU funding to boost rural development in Kenya through digital remittances

News published on Jun 23, 2023 @ 3:47 pm

The UN International Fund for Agricultural Development (IFAD) and the European Union unveiled two new initiatives today in Kenya, that aim to boost rural development by making the use of digital remittance flows faster, safer and cheaper. The collaboration will focus on reducing transaction costs, promoting financial inclusion in rural areas, and will work closely with Savings and Credit Cooperative Organizations (SACCOs).

Digitalization+ Remittance families and development
Focus Region
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