Digitalization of remittances: an opportunity for financial and digital inclusion - a specific country analysis on Ghana

Rome/Accra, 14 June 2022 – On the occasion of the International Day of Family Remittances (16 June), the UN’s International Fund for Agricultural Development (IFAD) will launch its new MobileRemit Africa report, which includes a specific country analysis about Ghana, the second largest recipient of remittances in sub-Saharan Africa in absolute terms after Nigeria. Details for the launch event can be found below.

Almost one in five adults in Ghana rely on remittances. However, Ghana is well-positioned to take advantage of mobile-enabled international remittances. The report highlights the opportunities to harness this potential and provides policy recommendations on how to do it, while linking up the financial goals of remittance families with the commercial strategies of financial service providers.

What:

In presence observance event for the International Day of Family Remittances: Recovery and resilience through digital and financial inclusion. Organized by IFAD – UN specialized agency and international financial institution.

Who:

• Dr Ernest Addison, Governor, Bank of Ghana (tbc)
• Irchad Razaaly, Head of Delegation and Ambassador of the European Union to the Republic of Ghana
• Richard Addo, Head, Development Finance, Ministry of Finance, Ghana
• Godwin Kafui Agozie, Head of Money Remittances, Fidelity Bank
• Eric Akomanyi, Labour Mobility and Human Development Officer, International Organization for Migration, Ghana
• Frédéric Ponsot, Senior Technical Specialist on Remittances, Diaspora and Inclusive Finance, FFR, IFAD

When:

Thursday, 16 June 2022, 9:30-13:00

Where:

Kempinski Hotel Gold Coast City, Accra

Registration: 

https://familyremittances.org/idfr-2022/observance-event-in-ghana/

Media are welcome to attend the event. Due to limited number of seats, please register on the link above by 15 June CoB.

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Media Alert No: IFAD/MA-07-2022

IFAD is an international financial institution and a United Nations specialized agency. Based in Rome – the United Nations food and agriculture hub – IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience. Since 1978, we have provided more than US$23.2 billion in grants and low-interest loans to fund projects in developing countries. Last year, IFAD-supported projects reached an estimated 130 million people.

A wide range of photographs of IFAD’s work in rural communities are available for download from its Image Bank.