This study is aimed at providing food for thought for operators wishing to
tailor their financial tools to the needs and expectations of the diaspora while
stimulating the interest of public actors in the Malian diaspora in the receiving
countries and Mali.
Type of Document: Report
This diagnostic is a working document that will be updated and amended as additional information is collected and assessed. Currently, the report provides an assessment of the remittances market in Morocco. It will soon be consolidated with insights into three specific send-market corridors to Morocco, incorporating demand-side research from Germany, France, and Italy. This comprehensive analysis aims to enhance understanding and optimize the remittances landscape for Morocco.
The Global Forum on Remittances 2009 marked the third in a series of groundbreaking conferences dedicated to emphasizing the importance of international migration and the vital flow of remittances it generates. This forum continued to build on previous discussions, underscoring the critical impact of remittances on global economic development and the well-being of migrant communities.
The GFRID 2015 report showcases European remittance flows’ dynamic and innovative character, worth almost US$110 billion in 2014. It highlights the crucial role of financial inclusion, the use of innovation and technology to reduce transaction costs, and the significance of diaspora investments in creating employment opportunities in home countries. This report underscores the potential of remittances to drive economic growth and development through strategic financial practices and technological advancements.
Participants at the Global Forum on Remittances, Investment, and Development (GFRID) had the opportunity to discuss the challenges and opportunities in the remittance market. The summit showcased innovative approaches and successful business models, with discussions focused on the critical role of migrants’ remittances and investments in achieving the Sustainable Development Goals (SDGs) by 2030.
This report presents the key messages and conclusions of the GFRID 2018 including side events and parallel sessions, as well as opportunities for stakeholders from all sectors to maximize the impact of remittances and other migrant contributions in Asia-Pacific for the years to come.
Developed collaboratively by the Remittance Community Task Force (RCTF) members, the Blueprint for Action outlines concrete measures, actions, and relevant examples to spur recovery and bolster the resilience of the one billion people involved in remittances in the post-COVID-19 economic environment. This comprehensive guide serves as a vital tool for navigating and thriving in the new economic landscape, ensuring sustained support and development for remittance communities worldwide.
The 2021 Global Forum on Remittances, Investment, and Development (GFRID) Summit highlighted the critical role of remittances and diaspora investment in bolstering market recovery amid the global pandemic. The summit emphasized strategies to enhance the resilience of migrant workers and their communities, ensuring sustainable development and economic stability in these challenging times.
The Financing Facility for Remittances (FFR) of the International Fund for Agricultural Development (IFAD) introduces MobileRemit Africa, a pivotal component of the Platform for Remittances, Investments, and Migrants’ Entrepreneurship in Africa (PRIME Africa) initiative. Co-financed by the European Union, this innovative platform is initially launched in seven African countries—Ghana, Kenya, Morocco, Senegal, South Africa, The Gambia, and Uganda—along with their primary remittance corridors. MobileRemit Africa aims to enhance financial inclusion and economic growth by streamlining remittance processes, fostering investment opportunities, and supporting entrepreneurial ventures across the continent.
