Now reading: It’s not just about price: Innovative solutions to Africa’s remittances problem

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

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 [...]
Un-networked retailers: A growing channel for financial services distribution?
Agent networks are critical for expanding access to financial services in developing countries. They enable providers to offer viable cost-effective [...]
The South Africa-SADC remittance channel
In 2012, it was estimated that 3.3m SADC migrant workers in South Africa sent around R11.2 billion home each year; R7.6 billion of which is estimated [...]
Remittance study on Zimbabwe migrant workers in South Africa
This 2010 study is concerned with the remittance of funds to Zimbabwe from South Africa and assesses the suitability of the 90-day casual worker's [...]
Zimbabwe Remittance Corridor
This study, undertaken by Saul Kerzner, was commissioned by Cenfri, on behalf of the FinMark Trust, to sketch a picture of the remittances [...]
Reviewing the regulatory framework for money transfers in South Africa
As economic hub of the region, South Africa attracts a large number of migrant workers from neighbouring countries, many of them without the [...]