Closing the data gap towards an efficient remittance market in Africa

The project, implemented by DMAG, supported the PRIME Africa Program by providing remittance and analysis for nine African countries, and developing seven roadmaps for remittance market improvement. DMAG created a comprehensive database, consolidating 160+ indicators across all 54 African nations, that are now publicly avilable through the RemitSCOPE website.

Budget:

Financed: EUR 500,000
Co-Financed:

Duration: 2022 ~ 2024

Project Category Financial Inclusion
Remittances & Digitalisation
Research & Data

Target Groups:

The direct target group includes public institutions (i.e. governments, regulators, donors), and private organisations engaged in the remittance marketplace in Africa, and civil society.
Indirectly, the project benefited migrant remittance-receiving households in Africa and the diaspora in sending countries within and outside of Africa, particularly in Europe

Programme

FFR Strategic Framework

PRIME Africa

Project Goals

To maximize the impact of remittances and their linkage to financial inclusion by strengthening the remittance and financial services market in Africa. Towards this goal the project will promote comprehensive and quality remittance-related market intelligence and related methodologies, allowing public and private market incumbents to make informed decisions in order to foster access to low-cost remittances and linked inclusive financial services.

Implementing Partners

ADL and Visualitics CEMLA

Geographic Target

Africa

Outcomes

RemitSCOPE desgined and built consolidating public and primary data on remittance markets in Africa - please see the website at www.remitscope.org
Country Diagnostics and Roadmaps completed for Ghana, Gambia, Senegal, Uganda, Kenya, Morocco and South Africa.