Remittance Country Profiles will be available on all 54 countries in Africa. These will showcase remittance data, insights and analysis in an easy to digest and comparable format. Either quickly compare between Fast Facts or Deep Dive into remittance market structures, key players, regulations and licensing, barriers, financial inclusion and much more. All Country Profiles will be available for download.
Full functionality to manipulate and tailor data according to your requirements. Fully searchable database which can be filtered, cross-tabulated, collated and compared.
View all the data you have selected in multiple formats including tables, graphs and maps. Your customised data files and images will be downloadable as excel files or PDFs.
Non-numeric data can be viewed in your custom comparison tables. This tool allows you to easily compare indicators such as regulations, licensing procedures, possible partners, competitors and more across countries.
Beyond just gathering data related to remittances, RemitSCOPE brings you market insights.
Industry experts draw out and share key insights, analysis and market intelligence. Barriers and opportunities diagnosed and tailored to audiences, including money transfer operators (MTOs), financial institutions, mobile network operators (MNOs), policy makers, regulators and diaspora organisations. Full remittance market diagnostics for some countries.
RemitSCOPE collects and shares data on a range of indicators: those that already exist, along with where there are gaps. Providing users with a data-driven understanding of remittances, their characteristics and their drivers and barriers across Africa.
To further this, Indexes are compiled to showcase different data points in conjunction with one another to better understand and analyse market dynamics.
Additional composite indexes will be available to give users comparative insights on a range of new areas. Composite indicators are weighted by industry experts to bring their experience and market intelligence to the analysis of indicators.
Geospatial mapping of agent locations on a country level, overlaid with details of other financial service access points, roads, population and GDP per capita. These maps will help users to identify opportunities and gaps in the market.
RemitSCOPE will share market insights directly from those already operating across the continent. Remittance service providers will be surveyed to assemble what is happening behind the data; how easy it is to operate, lead times on entering the market, challenges with the regulators and more.
Guest and partner market specialists, experts and practitioners will contribute insights and thought-pieces on remittances in Africa. They will share key markets, specific areas of interest, developments and achievements across the continent.
A central repository for manuals and guidelines relating to remittances will be available. This will include manuals on best practices for diaspora and remittances data collection, AML/CFT Guidelines, the General Principles on Remittances, financial education guides and many more.
Live data on remittance services including pricing on remittances from the EU to Africa. Tracking fees and FX margins against volatility in exchange rates over time. Ability to compare data across operators, types of service and across countries over different time periods.
RemitSCOPE Africa is a unique platform for remittance related data from multiple sources whilst also showcasing its own. Data is free to use and download; easily accessible for compilation, dissection and analysis according to the user’s requirements.
RemitSCOPE is aimed at policy makers, regulators, market analysts, prospective and existing remittance service providers, and the donor and third sector that support diaspora and their families at home.
RemitSCOPE indicators have been compiled by experts based on what is insightful and useful to stakeholders and, to a certain extent, based on what is available.
RemitSCOPE draws on, and compiles, data from existing open-source databases. All data is clearly referenced and dated for transparency. It is recognized that there are weaknesses with some of the existing data; for example where data is missing and based on estimates, poorly collected and/or based on small sample surveys.
Where data is not available on key indicators, data has been collected by a dedicated team of RemitSCOPE Researchers through a mix of desk based and primary research.
At RemitSCOPE we are continually striving and working with stakeholders across the continent to improve the quality and dissemination of remittance-related data. RemitSCOPE is based on the best data that is available at this time. Data collection and quality will continue to improve over time.
The platform would not be possible without the integral inputs and support from its partners. We would also like to acknowledge the World Bank, FINDEX, Remittance Prices World Wide, UNDESA and all other sources we referenced in the making of this site.
For more information on the data in RemitSCOPE, please download our methodology.
RemitSCOPE aims to provide the best available data on remittances and remittance related topics across Africa. Data from third parties has been clearly referenced. Whilst we cannot guarantee the accuracy of these sources, we always choose data that is widely used across the industry.
RemitSCOPE has also worked with Central Banks in some African countries to update their data on remittances and accredit and validate the information published on RemitSCOPE. We are working to expand this validation to more countries.
Disclaimer - Data in RemitSCOPE is correct to the best of our knowledge at the time of publication. Please use data at your own risk. Additionally, please read our disclaimer on the maps used which imply no judgement on the legal status of the countries and territories depicted.
RemitSCOPE Africa is a component of the PRIME Africa project – a 4 year project funded by the European Commission and managed by the Financing Facility for Remittances (FFR) within the UN International Fund for Agricultural Development (IFAD). PRIME Africa aims to reduce the costs of remittances from the EU to Africa and enhance financial inclusion.
Within these goals, several of PRIME Africa’s activities are addressed through the RemitSCOPE website including addressing the data gap and increasing market competition. More information on the market can be leveraged to create better products and services for diaspora members and their families.
DMA Global, a development consultancy firm, has led the research and data compilation of RemitSCOPE. This website was built by World Data Lab.