This research is part of a series of diagnostics covering selected countries in Latin America and Africa, this research offers an in-depth analysis of Guatemala’s remittance market, where remittances account for nearly 20% of GDP and play a vital role in supporting rural communities, which receive over half of the total flows. The diagnostic further...

This document is part of a series of diagnostics covering selected countries in Latin America and Africa. In Mexico, remittances are a cornerstone of economic and social development, reaching a record USD 61 billion in 2022. Rural and semiurban communities receive a substantial share of remittances, where their impact is most significant due to the...

This document provides an update to the original Ghana country diagnostic that was produced in 2020. Ghana has experienced major economic instability over the last year that has had a major impact on the country in terms of hyperinflation and currency devaluation. The situation has since stabilised but increased costs in the Ghana economy have affected both RSPs and...

This document provides an update to the original Gambia country diagnostic that was produced in 2021. In general, there have been a few major structural changes to the Gambia remittance market in the last two years. The volume of remittances flowing into Gambia has dipped slightly according to the Central Bank of Gambia (CBG), but has increased a bit...

This document provides an update to the original Kenya country diagnostic that was produced in 2021. This Report documents significant changes that have occurred since that time. In general, there have not been major structural changes to the Kenya remittance market in the last two years. The volume of remittances flowing into Kenya has grown noticeably during this period...

A DIGITAL ECOSYSTEM WITH EVEN MORE EXCITING TIME AHEAD There are exciting developments in Uganda for remittances with improvements to domestic interoperability planned, roll-out of a new national ID scheme, a real-time eKYC scheme for ID verification planned, an innovative shared agency banking network to address rural financial inclusion, high-use of mobile money, a burgeoning...