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Events > Business

Remittance Africa 2015

Event Info:

Location Victoria island, Lagos
Venue Oriental Hotel, Lekki Road
Contact No. +234-701-966-9366
Event Website
Date November 04, 2015
November 04, 2015
  Add to Calendar 11-04-2015 11-04-2015 35 Remittance Africa 2015 For details, visit Oriental Hotel, Lekki Road Victoria island, Lagos
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The formal market for international and cross border money transfer to Africa is still young and faces typical emerging markets challenges when compared to more established markets. A competitive market space is required to foster technology innovation, access and drive expansion required to drive down cost and reach underserved areas and market segments. According to a recent report by the World Bank, the growth of remittances to Sub-Saharan Africa is projected to slow to 0.9 percent in 2015, amounting to $33 billion. Globally, it is expected to reach $586 billion in 2015, though at a slower growth rate of 0.4% due to economic conditions and is expected to accelerate again to reach an estimated $636 billion in 2017.
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