The IDFR observance event in Nairobi highlighted the importance of working in partnership to leverage the impact of remittanc…
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The IDFR observance event in Johannesburg highlighted the power of remittances to help people and communities. The South Afri…
The IDFR observance event in Banjul highlighted the power of remittances to help people and communities. The Gambian remittan…
The IDFR observance event in Ghana highlighted the power of remittances to help people and communities. The Ghanian remittanc…
In this voice mail episode by Union Postal Union, FFR Manager, Pedro De Vasconcelos talks about the importance of remittances…
As the birthplace of mobile money Kenya is very well positioned to take advantage of international mobile remittances. There…
As the birthplace of mobile money Kenya is very well positioned to take advantage of international mobile remittances. There…
The mobile index score will increase as recently approved Gambian mobile money providers enter and develop the international…
With a high uptake of mobile money, Ghana is well-positioned to take advantage of mobile-enabled international remittances. T…
Migration and remittances are a central part of life in Latin America and the Caribbean. In 2021, despite the continuing glob…
The mobile remit presentation The important role family remittances play in transforming local economies in low- and middle-i…
The IFAD-Cenfri project ‘Remittance Access Initiative’, is working to enhance remittance access opportunities for low-income,…
In observance of the International Day of Family Remittances, the United Nations Network on Migration joins the international…
When the pandemic struck, experts forecast a massive dip in global remittances. These forecasts though didn’t consider the po…
MobileRemit Africa aims to complement RemitSCOPE Africa, a web-based platform that provides users with remittance-based data…
As the world commemorates the 2022 International Day of family Remittances with the theme “Recovery and resilience through di…
Every year, 16 June marks the International Day of Family Remittances (IDFR), a universally recognized observance adopted by…
Ghana recorded a US$ 4.5 billion in remittances, in 2021, the second-highest in sub-Saharan Africa, according to the World Ba…
Cash-strapped African nations are rolling out an e-levy on mobile money transactions to boost revenues, but the policy could…
At the Global Blockchain Convention in Dubai, Centbee announced that consumers living in the United Kingdom can send digital…
Remittances to sub-Saharan Africa grew 14 per cent to US$49 billion in 2021, the strongest gain since 2018, even as the conti…
Remittances received by Nicaraguans from different parts of the world showed year-on-year growth of 29.1 per cent in the firs…
Recent data shows that remittances continue to play a critical role in Ghana. According to Ghana’s 2020 Remittance Market Dia…
Enhancing the contribution of migrants in the post-COVID-19 era Tuesday, 17 May 2022 Organizers: IFAD, UN DESA, World Bank Wa…
Early insights from IFAD’s Financing Facility for Remittances and Cenfri Our work with IFAD to improve remittance access acro…
The world’s largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain’s centr…
The largest remittances from Portuguese communities are from countries where there have been more emigrants for a longer time…
Dash, a Ghanaian fintech attempting to create a mobile money equivalent of the Visa and Mastercard networks in Africa, has ra…
Revolut, the global financial superapp with over 18 million customers worldwide, is offering payment services to all refugees…
Russia’s invasion of Ukraine has spurred a rush of remittances from citizens from both countries living abroad to help their…
The South African government has recently made two moves that stand to imperil future remittances to its neighbouring countri…
Ukraine’s banking system is coping fairly well with the unprecedented crisis caused by the full-scale war with Russia. The ma…
A report by WorldRemit, a global payments company, has revealed that remittances by immigrants in countries like the United K…
A surge in digital innovation has triggered a transformation that has the potential to promote financial inclusion even furth…
“Remittance customers have been demanding greater convenience and flexibility and as people become more tech-savvy, we find t…
Watch Gilbert Houngbo, IFAD President’s message for the upcoming International Migration Review Forum (IMRF), urging to step…
Under the guidance of Dr. Jacqueline Mazza, Professor of Labor Market Policies in Developing Countries, a group of students o…
CSW66 Parallel event: The importance of family remittances in alleviating poverty and achieving the SDGs Date: 17 March 2022…
Remittance flows from Russia are expected to be disrupted due to sanctions and the exclusion of Russian payment systems from…
Watch this new podcast by Pedro De Vasconcelos ‘Migrant Workers’ Remittances Fund Development- Make It Easier for Them’, talk…
Joint IFAD- World Bank Webinar WHAT’S COOKING? Innovations in Rural Digital Financial Services and Remittances in Africa 24…
Over the past two challenging years, the remittance industry proved to be amazingly resilient and investment in fintech, in g…
Global finance app Revolut has announced that U.S. customers can transfer money to Mexican bank accounts. The service will be…
The Nigerian Postal Service (NIPOST) has launched its e-debit card and is finalizing arrangements to launch a microfinance ba…
Fabrice Gatwabuyege, Vera Neugebauer, Masiiwa Rusare (Cenfri) and Julia Marin-Morales (IFAD) Unlocking t…
Joint IFAD- EC eGFRID: “Remittances and investment: How migrants finance sustainable development” 26 January 2022 14.00h – 15…
This report was produced by the International Fund for Agricultural Development (IFAD) and the World Bank for the G20 Global…
Date : 16/12/2021; Time : 9:00-18:00 (GMT) Venue : Hotel Radisson Collection, Bamako and online La Réunion Annuelle de l’Unio…
There are 1.7 million Nigerians living outside Nigeria, according to the United Nations Department of Economic and Social Aff…
India’s cryptocurrency bill will almost certainly ban digital tokens from being used as currencies but may allow them to be h…
Trust Payments, a leading-edge Fintech group, is excited to announce its partnership with Everest, a licensed crypto custodia…
Kenyans living abroad are spending an average of Sh2.4 billion per month in costs when sending money home to their relatives,…
MoneyGram International, Inc., announced its partnership with urpay to enable cross-border money transfers. urpay is a digita…
Ghanaians across the country are rushing to Mobile Money Vendors to cash out their deposits before the 1.7% Electronic Transa…
The remittances market has grown as more technology is being introduced to make cross-border transfers as seamless and cheap…
Experts have pointed out that Sri Lanka’s Central Bank decision to award an extra Rs. 10/- per 1 US$ worker remittance would…
Sri Lankan authorities will start to crack down on informal remittance inflows as the country seeks to bolster its reserves t…
The Central Bank of Egypt (CBE) said that remittances of Egyptians working abroad increased 11.6% in August 2021 to reach 2….
On 16 and 17 June 2021, practitioners from the public and private sectors gathered virtually for the seventh Global Forum on…
‘Rural development funding by the Diaspora’ Thursday, 28 October 14:30 CET This IFAD-moderated virtual event takes place with…
‘The impact of remittances for recovery and resilience through digital and financial inclusion’ 4 November 2021, 1:00-2:00 (U…
Ria Money Transfer, a business segment of Euronet Worldwide, Inc. and global leader in the cross-border money transfer indust…
Western Union is teaming up with major financial institutions (FIs) in Africa to make digital cross-border money transfers an…
African cross-border fintech start-up Chipper Cash has brought its services to the South African market, starting with a free…
Since the launch of mobile money in the 2000s, the GSMA has received hundreds of requests for country-level insights into the…
Visa’s research and product teams have developed a new concept to move the conversation forward. We’re calling it a “Universa…
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In developing countries, with a shifting economy, people are resorting to cryptocurrency in dire economic conditions, for sen…
Global adoption of cryptocurrencies has soared across low-, middle- and high-income countries in recent years. Regulators wor…
Cross-border remittances are a lifeline for many developing economies, but high fees and long processing times can make timel…
Across Africa, over 400-million financially excluded adults are missing out on opportunities to secure and grow their savings…
CNBC discusses El Salvador’s new bitcoin wallet, which allows for cross-border, virtually instantaneous, zero-fee transaction…
Wide adoption of central bank digital currencies (CBDCs) in cross-border payments and settlements will be credit negative for…
El Salvador will on Tuesday become the first country in the world to recognize bitcoin as legal tender, a move President Nayi…
Western Union Co is resuming money-transfer services to Afghanistan, the company said on Thursday, after suspending its opera…
Disruptions in Afghanistan’s money-moving apparatus constrain key source of income for ordinary Afghans. Mustafa Barakzai thi…
This paper provides an early assessment of the dynamics and drivers of remittances during the COVID-19 pandemic, using a newl…
An estimated 13 million Bangladeshis are living abroad, temporarily and permanently, in as many as 162 countries. With the nu…
The national ID initiative will help simplify the remittance process for recipients, an analyst for the Economist Intelligenc…
This report examines different forms of diaspora finance around the world. Diaspora finance involves remittances, understood…
Overseas Pakistanis continued to remit record money over $2 billion for the 14th consecutive month in July, the first month o…
Over the past 18 months, the global remittance industry has evolved favorably despite being affected by lower employment in t…
I had an interview this past week with UnionBank’s Chief Economist, Carlo Asuncion, and the main headline then was that remit…
The Nigerian Diaspora population remitted $65.34bn in three years to boost economic activities in the country, data obtained…
The domestic payments system in India has grown by leaps and bounds in the last decade, thanks to innovations in real-time pa…
Remittances play a significant role in the global economy, as it provides a lifeline for several economies across much of the…
According to the financial regulator, Banco de Portugal (BdP), the Portuguese working in Angola sent 21.16 million €, which r…
Fintech start-ups are finally getting traction in their mission to disrupt banking. Remittances — defined as smaller cross-bo…
As emerging markets around the world continue their recovery from Covid-19, remittances are playing a key role in supporting…
Africa’s appetite for digital currencies is growing significantly. Private cryptocurrency providers are also increasing on th…
Two major U.S. money-transfer services have suspended payments into Afghanistan, and American banks are more closely scrutini…
Despite food insecurity being a key policy priority for aid organizations and governments around the world, the effects of re…
Somali migrants from around the world remit US$1.3-2 billion annually. This exceeds the total sum for humanitarian aid to Som…
Over the last decade, the mobile money industry has grown stronger and stronger, with Sub-Saharan Africa as the main engine b…
The Center for Financial Inclusion announces the Financial Inclusion Week from 1-4 November 2021, and invites proposals for t…
Remittances for about 360 million dollars were sent by migrants from the United States to their relatives in the Yucatan Peni…
WorldRemit has launched its money transfer services to local customers in Malaysia via its app or web platform. The digital c…
Fiji recorded $332million in personal remittances for the first five months of this year. The Reserve Bank of Fiji (RBF) anno…
Remittance is the non-commercial transfer of money made by a worker working abroad to his country of origin. According to the…
As economies around the world continue to reel from the effects of the COVID-19 coronavirus pandemic, global remittances have…
For many Jamaicans, remittances from abroad during the COVID-19 pandemic have contributed to an essential part of their survi…
The Bank of Ghana has entered a partnership with a German firm to pilot the first general- purpose central bank digital curre…
Despite hosting multiple countries with some of the highest ‘unbanked’ populations across the world, translating to approxima…
Over the next 5 years, the global remittance industry is set to be worth just under $1 trillion. For developing countries tha…
As emerging markets around the world continue their recovery from Covid-19, remittances are playing a key role in supporting…
Women make up about half of all migrants living and working abroad. They also account for roughly half of annual remittances,…
Customers continue to utilise international remittance services to support the education of family and friends studying overs…
Remittance flows are a major source of income for all countries in South Asia, larger than all other capital inflows combined…
Troisième tour de l’Appel à propositions national 2021 (Maroc) – Soutenir les transferts de fonds en temps de crise en Afriq…
This year, the International Day of Family Remittances (IDFR) was observed on 16 June in conjunction with the Global Forum on…
This year, the International Day of Family Remittances (IDFR) was observed on 16 June in conjunction with the Global Forum on…
Remittance Access and Innovation (RAI) programme The two-year, regional RAI programme is a partnership between IFAD’s Financi…
A commitment to family remittances and the COVID-19 pandemic Experiences of US migrants By: Manuel Orozco and Kathryn Klaas…
MobileRemit Africa will help to accelerate the digitalization of mobile remittances by addressing the knowledge gaps on the u…
This Must-read covers articles, opinions, and news from countries across the globe on family remittances and market insights,…
Leveraging the impact of remittances to spur inclusive development in Kenya Recent data from the Central Bank of Kenya (CBK)…
In this edition of the Must-read, the Financing Facility for Remittances is pleased to announce this year’s International Day…
The Financing Facility for Remittances (FFR) of IFAD is pleased to announce the second round of National Calls for Proposals…
The Remittance Community Task Force set up to address challenges faced by migrants and families during COVID-19 crisis, conti…
With more than 128 million confirmed cases of Covid-19, the health and economic crisis continues to be unpredictable and may…
With more than 120 million confirmed cases of Covid-19, the end of the health and economic crisis does not only remain diffic…
Virtual Global Forum on Remittances Investment and Development “Remittances in times of crisis: Response, Recovery and Resili…
On International Women’s Day 2021, the Remittance Community Task Force joins UN Women’s campaign “Women in leadership: Achiev…
By Andrew Kulankash, IAMTN What better way to start the year than the news that diaspora remittances have crossed the Kes. 30…
With more than 110 million confirmed cases of Covid-19, and the UN Secretary General calling progress on Covid-19 vaccination…
Remittances – an essential lifeline for 150 million families in the developing countries – posted an unexpected increase in s…
With more than 100 million confirmed cases of Covid-19 and a number of new variants of the virus detected, the end of the hea…
Every year, the International Day of Family Remittances (IDFR), on June 16, recognises the hard work and courage of migrants…
In a three-year pilot between 2017 and 2020, supported by grant funding from the UN’s International Fund for Agricultural Dev…
The Financing Facility for Remittances (FFR) of the International Fund for Agricultural Development (IFAD) is pleased to ann…
On this special day, we would like to echo the UN Secretary General’s words: “let us seize the opportunity of the recovery fr…
On 19 March 2020, the Secretary-General of the United Nations called for an urgent and coordinated response from the internat…
Session I – Enhancing financial inclusion and resilience of remittance families Discussants: Marina Manke, Head, Labour Mobi…
Session I – Remittance markets’ resilience through enabling environments Discussants: Ceu Pereira, Directorate-General for Fi…
Session I – Response through innovation and adaptation Discussants: Veronica Studsgaard, CEO, IAMTN Nika Naghavi, Data &…
REGISTRATION LINK AGENDA Remittances as a lifeline: one billion people and counting Meike Van Ginneken, Associate Vice-Presid…
On 19 March 2020, the Secretary-General of the United Nations called for an urgent and coordinated response from the internat…
With more than 50 million confirmed COVID-19 cases worldwide, hopes soared this week following news that some vaccines were 9…
As lockdowns return in Europe and many countries face second waves of contagion, the Remittance Community Task Force (RCTF) k…
Five questions to Mr. Mamadou Lamine Gueye, Director General of CAURIE Microfinance Sénégal, on the most recent trends about…
The recent Global Diaspora Week addressing the COVID-19 crisis was organized by the African Diaspora Network in Europe (ADNE)…
This case study examines a pilot initiative carried out by the IFAD-supported Rural Youth Vocational Training, Employment and…
As the COVID-19 pandemic draws near 40 million confirmed cases worldwide, and second waves of contagion challenge recovery pl…