Now reading: Tipping the scale in favour of payment systems in sub-Saharan Africa (SSA)

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

Tipping the scale in favour of payment systems in sub-Saharan Africa (SSA)
For a moment, cast your mind back over the last week. How many payments did you make with your credit card during the week? The answer is most likely [...]
The benefits and potential risks of digital fiat currencies
Exploring digital fiat currencies (DFC) / central bank digital currency (CBDC)  Cryptocurrency has taken the financial world by storm since 2008 [...]
The curious case of migration and remittances in SSA
Migration is on the rise in sub-Saharan Africa (SSA), both in terms of migrants going to live abroad as well as within the region. With an [...]
MAP Zambia diagnostic and roadmap to financial inclusion
From 2009 to 2015 the proportion of adults, financially excluded from any financial service, decreased from 63% to 41% in Zambia, which exceeded the [...]
Risk, Remittances and Integrity Programme
The five-year RRI programme is a partnership between FSD Africa and Cenfri. Its aim is to improve welfare and boost investment growth in sub-Saharan [...]
It’s not just about price: Innovative solutions to Africa’s remittances problem
Innovative Solutions to Africa’s Remittances Problem You want to send money home because your sister is desperately ill and your mom can’t [...]
Delivering on the promise of digitising payments in Zambia
Digital financial inclusion holds great promise. Last year, a McKinsey report found that digital finance could add up to $3.7 trillion to the GDP of [...]
Cash is king for Africans sending money from the UK
The way we stay in touch, do our shopping, and even the ways in which some of us find love, have all gone digital. Yet, for the vast majority of [...]
MAP DRC diagnostic and roadmap to financial inclusion
The Democratic Republic of the Congo (DRC) may be one of the most challenging environments for financial services. From both a provider and [...]
Cross-border remittances
The World Bank estimated that in 2016 remittances from migrant workers to developing countries will be worth USD 440 billion. More than twice that of [...]