The African Remittance Dilemma: Innovation at a Cost

The African Remittance Dilemma: Innovation at a Cost

The African Remittance Dilemma: Innovation at a Cost March 28, 2025 At first glance, Africa’s remittance economy appears to be thriving. Diaspora inflows into Sub-Saharan Africa reached an estimated $54 billion in 2023, representing lifelines for households, school fees, micro-entrepreneurship, and rural healthcare. But beneath the numbers lies a murky landscape: persistent remittance costs averaging […]