Morocco Remittance Market Diagnostic 2022 – English

white, blue and yellow map showing the countries where Moroccans travel to. France is the darkest blue, indicating most migrants are there.

RAPIDLY IMPROVING AND MATURING REMITTANCE MARKET Sending to Morocco is rather affordable and online methods offer a competitive pricing aligned with SDGs. However, the market remains dominated by in-cash remittances and the banking channel is mainly used for savings purposes. Mobile money uptake is slow and represents, along with the development of retail agents, a […]

Ethiopia Remittance Market Diagnostic 2022

purple and blue heat map showing population density vs distance to remittance agent for Ethiopia

REMITTANCE MARKET UNDERGOING MOSTLY POSITIVE CHANGES The cost of sending to Ethiopia is around the global average, but high informality threatens the attractiveness of formal remittances. Regulations are being passed to try and improve the market but these leave some stakeholders unsure of what to expect next. Generally, the regulations have been useful in opening […]

Cabo Verde Remittance Market Diagnostic 2022 – Portugese

Map of Cabo Verde showing distribution of remittances received.

A RAPIDLY IMPROVING AND MATURING REMITTANCE MARKET Cabo Verde features a sound regulatory framework yet competition remains limited due to various factors including market size and a limited number of IMTOs present which is further hindered by exclusivity agreements for some cases. De-risking and related CBR termination have affected certain banks and corridors, increasing the […]

Cabo Verde Remittance Market Diagnostic 2022 – English

Map of Cabo Verde showing distribution of remittances received.

A RAPIDLY IMPROVING AND MATURING REMITTANCE MARKET Cabo Verde features a sound regulatory framework yet competition remains limited due to various factors including market size and a limited number of IMTOs present which is further hindered by exclusivity agreements for some cases. De-risking and related CBR termination have affected certain banks and corridors, increasing the […]