Knowledge

The Global Forum on Remittances, Investment and Development (GFRID) is part of a series of ground-breaking and inclusive international forums hosted by the International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations and an international financing institution (IFI), in collaboration with key development organizations and other IFIs. Over the last decade, these Forums have brought together stakeholders across all sectors and from around the world involved in the field of remittances, migration  and development.

On 15 and 16 June 2017, on the occasion of the International Day of Family Remittances, over 350 practitioners from the public and private sectors gathered at the United Nations headquarters in New York for the fifth Global Forum on Remittances, Investment and Development (GFRID). The participants had the opportunity to discuss challenges and opportunities in the remittance market, and present innovative approaches and successful business models, framing the discussions around the role of migrants’ remittances and investment towards achieving the Sustainable Development Goals (SGDs) by 2030.

This report focuses on African National Postal Operators (NPOs) as one of the several distribution channels for remittances and financial services.

Endorsements by the United Nations and international organizations.

Remittances are the traditional means of financial support to family members back home.  This infographic illustrates the global flow of remittances.