The RAI project, through a range of interventions, enhanced the consumer due-diligence (CDD) frameworks of partner remittance service providers (RSPs), enabling 360 thousand people in Africa to better access remittances. Between 2022 and 2023 Cenfri, through the PRIME Africa grant, provided technical assistance to remittance service providers (RSPs) in 7 African countries.
Country: Multi-country
IFAD is partnering with OnAfriq to harness the development benefits of using digital channels to send and receive remittances in five African countries: Ghana, Kenya, Senegal, The Gambia and Uganda. OnAfriq will make digital money transfer operators in European ‘sending’ countries, and mobile network operators in African ‘receiving’ countries interoperable in order for customers to initiate remittance online and terminate remittance directly into the recipient’s mobile wallets, with a particular focus on rural beneficiaries.
