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Promoting financial inclusion through digitalization of remittances

June 2024

This report highlights the transformative power of digital solutions to enhance financial inclusion and reduce remittance costs.

IFAD Remittance Innovation Toolkit

June 2024

This toolkit provides guidance on improving access to secure and swift remittance services through enhanced identity verification and customer due diligence (CDD) practices.

GFRID Summit 2023: Outcomes Report

September 2023

This report outlines key findings and actionable outcomes for both remittances and diaspora-impact investments.

RemitSCOPE Africa Report 2023

June 2023

This report uses the latest data to give an overview of remittances into and throughout Africa, looking at the drivers, trends, impact and potential.

RemitSCOPE: Kenya Country Diagnostic

May 2023

This diagnostic provides an assessment of Kenya’s remittance market, especially in light of the COVID-19 pandemic, using a market-oriented approach. 

RemitSCOPE: Ghana Country Diagnostic

May 2023

This Ghana country diagnostic was prepared in accordance with the PRIME Africa goals.

RemitSCOPE: The Gambia Country Diagnostic

May 2023

The Gambia country diagnostic has been prepared in accordance with the PRIME Africa goals, to provide more in-depth analysis and additional evidence for the areas of action identified in the country road map.

Financing Facility for Remittances Knowledge Products

February 2023

Since its inception in 2006, IFAD’s Financing Facility for Remittances (FFR), has produced a large number of publications and information material with global outreach. This pamphlet aims to provide the reader with a quick overview of each, with a link to the dedicated webpage.

Improve partnerships between Post and Money Transfer Operators for better remittance services to rural Africa

December 2022

This flyer was produced in the framework of the African Postal Financial Services Initiative (APFSI) to highlight the improved partnerships between the Post and Money Transfer Operators to provide remittance services in rural areas.

RemitSCOPE: Uganda Country Diagnostic

November 2022

This diagnostic provides an assessment of Uganda’s remittance market, with special reference to factors related to the COVID-19 pandemic, based on a market-oriented approach. 

RemitSCOPE: Senegal Country Diagnostic

November 2022

The Senegal diagnostic provides an evaluation of remittance market into Senegal, under a supply-based approach. 

RemitSCOPE: Morocco Country Diagnostic

November 2022

This report provides an assessment of the remittances market in Morocco.

RemitSCOPE: Ethiopia Country Diagnostic

November 2022

The diagnostic covers key focus areas of Ethiopia’s formal remittance market, including the impact of the parallel foreign exchange market on remittances.

 

Investment practices and preferences of the Malian diaspora in their country of origin

November 2022

This study provides 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.

Diaspora investment in Malian small-to-medium enterprises: Proposed investment models adapted for the Malian diaspora

November 2022

IFAD research shows that Mali’s diaspora want to invest in businesses within the agricultural sector, and specifically in businesses owned by members of the diaspora and their relatives.

RemitSCOPE: Cabo Verde Country Diagnostic

September 2022

This diagnostic provides an assessment of Cabo Verde’s remittance market, which contributes over 15 per cent to the country’s GDP.

Additional languages: English, Spanish, French, Portuguese

RemitSCOPE: South Africa Country Diagnostic

September 2022

The South Africa country diagnostic has been prepared in accordance with the PRIME Africa goals, to provide more in-depth analysis and additional evidence for the areas of action identified in the country road map.

Enhancing identity verification for refugees in Uganda

August 2022

This note focuses on the challenge of verifying refugee identity in Uganda, outlining the current issues at stake and the rationale for solving this challenge and potential solutions for doing so.

MobileRemit Africa

July 2022

MobileRemit Africa is a key instrument of the Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) initiative, co-financed by the European Union and initially implemented in seven African countries along with their main remittance corridors.

PRIME Africa

June 2022

Remittances sent by migrant workers to and within Africa were over US$85 billion in 2018, of which US$25 billion were sent by migrants residing in Europe.

Additional languages: Arabic, English, Spanish, French, Portuguese

Resilience in the market for international remittances during the COVID-19 crisis

December 2021

This report examines the factors that have contributed to the resilience of remittances during the pandemic.

GFRID Summit 2021 - Summary of proceedings

November 2021

The 2021 GFRID Summit focused on the role of remittances and diaspora investment in strengthening market recovery in the midst of the current global pandemic and on heightening the resilience of migrant workers and their communities.

Managing agricultural risk through remittances: the case of Senegal

December 2020
This feasibility study explains the role of remittances in agricultural risk management.

How post offices can leverage the impact of remittances: A set of working papers

June 2020
This set of three working papers explores ways to maximize the impact of remittances delivered through post offices.

Research Series Issue 56: The impact of migrants’ remittances and investment on rural youth

December 2019

This study analyses how migrants positively contribute to the sustainable economic development of rural youth in their countries of origin.

International Day of Family Remittances booklet 2019

June 2019
International Day of Family Remittances booklet for 2019

Guidebook for mobilizing inclusive remittances for rural investment

February 2019
This Guidebook compiles the lessons learned from the implementation of the IFAD-funded Remittances and Diaspora Investment for Rural Development (2014-2018).

Global Forum on Remittances, Investment and Development 2018 – Official Report

February 2019

This report presents the highlights and key outcomes of the first country-led Global Forum on Remittances, Investment and Development, hosted by Bank Negara Malaysia in collaboration with IFAD and the World Bank Group.

Global Forum on Remittances, Investment and Development 2018 Asia-Pacific - Outcomes

July 2018
A set of specific priorities and actionable outcomes resulted from the GFRID 2018. These are directly linked to the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs), and the Global Compact for Safe, Orderly and Regular Migration. 

International Day of Family Remittances Brochure - Endorsements in 2018

June 2018
On 12 June 2018, the United Nations General Assembly formally adopted the International Day of Family Remittances as a universally recognized observance. New partners and supporters from private and civil society sectors have endorsed the Day 2018.
Additional languages: Arabic, English, Spanish, French, Russian, Chinese

The African Postal Financial Services Initiative: A success story on remittances at the post office in Africa

June 2018
The African Postal Financial Services Initiative (APFSI) was a unique broad-based partnership led by IFAD’s Financing Facility for Remittances (FFR), and bringing together the World Bank, the Universal Postal Union (UPU), the World Savings and Retail Banking Institute (WSBI) and the United Nations Capital Development Fund (UNCDF), and was cofinanced by the European Union (EU). The joint goal of this regional programme was to enhance competition in the African remittance marketplace through supporting and enabling African post offices in offering financial services. More specifically, it aimed at promoting a cheaper, faster, more convenient and more client-friendly transfer of remittances, particularly to rural areas, while fostering dialogue among stakeholders, regulators and policymakers. 

RemitSCOPE - Remittance markets and opportunities Asia and the Pacific

May 2018

​RemitSCOPE, a new website portal, is designed to provide data, analyses and remittancemarket1 profiles on individual countries or areas. In coordination with the Global Forum on Remittances, Investment and Development 2018, RemitSCOPE is being launched to provide market profiles for 50 countries or areas in the Asia and the Pacific region.

The additional four regions will be included gradually: Africa, Latin America and the Caribbean, Europe, and Near East and the Caucasus. RemitSCOPE intends to address the fast-changing market realities in the remittance industry in order to help bring together the goals of remittance families, as clients, and the strategies of the private-sector service providers. RemitSCOPE is designed as a free, one-stop shop that is available to any organization or entity interested in accessing all relevant public information on remittances.  

Global Forum on Remittances, Investment and Development 2017 – Official Report

February 2018
Remittances constitute a critical lifeline for around 1 billion people around the world. These vital flows of private money, sent by over 200 million international migrant workers, help families raise their living standards and contribute to improved health, education and housing. 

Research Series Issue 15 - Remittances, growth and poverty reduction in Asia

July 2017

Remittances have increased in low-income and lower- middle-income countries in recent years, playing an important role as a stable source of finance at the macro-level, and in poverty reduction at the micro-level. 

Drawing on a critical review of the literature and econometric analyses based on cross-country panel data, this study examines the relationships among remittances, growth and poverty reduction in Asia and the Pacific and highlights policy implications to be considered by governments and policy-makers.

Remittances, investments and the Sustainable Development Goals: recommended actions

June 2017

In 2015, Member States of the United Nations issued a call to action to eradicate global poverty, reduce economic inequality and place the world on a more sustainable pathway: the 2030 Agenda for Sustainable Development. 

International Day of Family Remittances Brochure - Endorsements in 2017

June 2017

The International Day of Family Remittances recognizes the efforts of millions of migrants to improve the lives of their families and to create a future of hope for their children. Remittances – the money that is sent home by migrants – help to sustain 800 million people and are a major contributor to development. Some 40 per cent of remittances go to rural areas, where poverty and hunger are concentrated. 

Sending Money Home: Contributing to the SDGs, one family at a time

June 2017

This report provides data and analysis of remittances and migration trends for developing countries over the past decade, as well as the potential contributions of remittance families to reaching the SDGs by 2030.

Global Forum on Remittances, Investments and Development 2017 - agenda

June 2017
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.

Global Forum on Remittances, Investment and Development 2017 - Recommendations

June 2017

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.

Remittances at the Post Office in Africa - Serving the financial needs of migrants and their families in rural areas

November 2016

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

International Day of Family Remittances - Endorsements 2016

June 2016

Endorsements by the United Nations and international organizations.

Remittance flow infographic

April 2016
Remittances are the traditional means of financial support to family members back home.  This infographic illustrates the global flow of remittances.

African Postal Financial Services Initiative

April 2016
This brochure describes the operations of the African Postal Financial Services Initiative, highlighting the unique position of postal networks for extending access to cashless payments and securing affordable financial services in rural areas.

Financing Facility for Remittances: a migration and development programme

March 2016

In 2016, around 200 million migrants worldwide sent home an estimated US$ 445 billion to their families in developing countries. These remittances provide for basic necessities such as food, clothing and shelter that are essential to lifting millions of people out of poverty. The truly transformative potential of these funds, however, lies in their investment in education, healthcare and asset building. To meet these needs, the us$36 million multi-donor Financing Facility for Remittances (FFR) has been working since 2006 with the goal of increasing the development impact of remittances and enabling poor households to advance on the road to financial independence and rural transformation. The FFR is administered by IFAD, a specialized agency of the United Nations with the mandate to invest in rural people to eradicate poverty in developing countries.

Diaspora Investment in Agriculture (DIA) initiative

February 2016
Brochure that describes the Why, the Who, the Where and the How the the Diaspora Investment in Agriculture (DIA) initiative will seek to foster job growth in local communities, contribute to poverty alleviation and reduce the need to migrate.

GFRD2015 Official Report

February 2016
This report proceeds from the Global Forum on Remittances and Development held in Milan, Italy in 2015.

Baseline survey on the use of rural post offices for remittances in Africa

October 2015
​This survey was commissioned by the Financing Facility for Remittances (FFR) of the International Fund for Agricultural Development (IFAD), and undertaken by Taylor Nelson Sofres, TNS-RMS, in the context of the African Postal Financial Services Initiative (APFSI). 

The use of remittances and financial inclusion

September 2015
The Use of Remittances and Financial Inclusion A report prepared by the International Fund for Agricultural Development and the World Bank Group to the G20 Global Partnership for Financial Inclusion.

African Conference on Remittances and Postal Networks – official report

September 2015
This report proceeds from the First African Conference on Remittances and Postal Networks held in Cape Town, South Africa 2015.

Sending Money Home: European flows and markets

June 2015
The findings in this report are based on a series of studies and surveys commissioned by the International Fund for Agricultural Development (IFAD) and on analyses undertaken by IFAD on World Bank data. Financial contributions in support of the report were made by members of the IFAD-administered Financing Facility for Remittances, including the European Commission, the Government of Luxembourg, the Ministry of Foreign Affairs and Cooperation of Spain, the Swiss Agency for Development and Cooperation, and the United Nations Capital Development Fund. 

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