Now reading: Remittances, a vital contributor to the SDGs

Payments and Remittances


Cross-border and domestic money transfers play a critical role in the financial strategies of low-income households and present many opportunities to extend financial inclusion.

Our extensive research on themes and imperatives for national and regional payment systems and remittances spans sub-Saharan Africa and forms part of our dedicated programme on risk, remittances and integrity in partnership with FSD Africa.

The Latest in Payments and Remittances

Remittances, a vital contributor to the SDGs
Remittances are a valuable lifeline for Africans, with over USD 100 billion flowing into the continent annually from a migrant workforce of 40 [...]
Impact from the Remittance Access Initiative
KYC and CDD requirements can inhibit access to remittances for low-income, rural households and women. These are our findings from the Remittance [...]
Mutual digital infrastructure could drive formalised, inclusive payments in SADC
Interoperable payment systems improve the efficiency and effectiveness of retail and cross-border payments. Cenfri worked with BankservAfrica on a [...]
An assessment of customer due diligence and identity regulatory frameworks
Innovation opportunities for enhanced remittance access As part of our Remittance Access Ininitative (RAI), Cenfri conducted a regulatory assessment [...]
Understanding CBDC and its application in emerging markets
Central banks have cited several reasons for considering or piloting central bank digital currencies (CBDC). These include a desire to enhance [...]
Digitisation contributes to improved remittance access and a better customer experience
The Remittance Access Initiative (RAI) is a programme set up through a partnership between IFAD’s Financing Facility for Remittances (FFR) and [...]
Tailored CBDC technical assistance in emerging markets
Recognising the importance of digital payments as a contributor to financial inclusion, central banks in low-and-middle-income countries (LMICs) are [...]
State of instant and inclusive payment systems in Africa
  Real-time retail payments that enable consumers to send and receive cross-border and domestic transactions digitally are on the rise [...]
Lessons on improving remittance access in Africa
Learnings from the Remittance Access Initiative (RAI) in partnership with IFAD's Financing Facility for Remittances Cenfri, in partnership with [...]
The potential of CBDCs for financial inclusion
Will CBDC solve your financial inclusion woes or further exclude the vulnerable?   Central bank-backed digital currency (CBDC) may alleviate [...]