WEBINAR: Cenfri on Remittance Trends in sub-Saharan Africa

November 27, 2019
2:00 PM - 3:00 PM (Africa/Johannesburg) - Add Time Zone
Andrew Dean
[email protected]

Register to Attend

Remittances in sub-Saharan Africa – trends and opportunities

2 p.m. (SAST) South Africa, Wednesday, 27th of November, 2019
(12 p.m. in London, 4 p.m in Dubai, 8 p.m. in Hong Kong,
7 a.m in New York and 11 p.m. in Sydney)

Sub-Saharan Africa (SSA) receives more money in formal remittances than in foreign direct investment and official development aid – it is one of the most powerful capital flows into the region. Yet, sending and receiving cross-border remittances of 200 USD in SSA costs over 9% of the remittance, compared to a global average of around 6%.

This webinar is aimed at discussing the reasons behind the tremendous cost, especially in the era of technology and fintechs: what are the main cost drivers and where are the opportunities for providers to lower the cost without impacting on their business case?

Drawing on in-depth research from Nigeria, Zambia, Uganda, Ethiopia and Côte d’Ivoire we show how the balanced combination of payment systems infrastructure, competition and regulation can be a powerful driver of formal remittances, and cross-border payments more broadly, in the region.

To register for the webinar please go to:

Moderator: Andrew Dean, Africa and Middle East Executive Director, ATMIA

Speaker: Antonia Esser, Senior Associate, Cenfri

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