Sending money home to Africa: Remittance markets, enabling environment and prospects

Date published



This new report on the African remittances marketplace is based on the results of a study commissioned by IFAD covering three aspects of:

* market competition
* regulatory environment, and
* financial access

The study covers regulatory issues and the competitive environment in 50 African countries representing 90 per cent of remittance flows to the region. Additionally, the report highlights the results of a survey of people within the geographical reach of microfinance institutions in 19 countries. These topics directly impact the ability to reduce remittance costs to Africa and the potential of these transfers to spur development.

Related countries

Western Africa

English version

Thematic area

  • Remittances and financial sector development

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Document type

Number of pages

20 pages

Focus area

Migrant Remittances
Addressing the main hindrances limiting the impact of remittances on development: cost and access
Leveraging the human and social development impact of remittances
Reinforcing capacities of senders and recipients to further the impact of remittances on development

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