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Remittance’s Africa Expo is all set to open in October

Image cap: The conference will host leading thought leaders in the remittance ecosystem in Africa and beyond. (Image source: Remitance Africa)

The seventh Remittance Africa Expo will take place from 23-24 October 2018 in Nigeria, aiming to create a more competitive market place to foster and deepen the ecosystem of Africa’s remittance market

The conference will host leading thought leaders in the remittance ecosystem in Africa and beyond.

According to a recent report by the World Bank, remittances to low and middle income countries rebounded to a record level in 2017 after two consecutive years of decline.

West Ekhator, event director, mobilemoneyafrica, said, “The formal market for international and cross border money transfer to Africa is still young and faces typical emerging markets challenges when compared to more established markets.”

As remittance inflow is improving, there is a significant leapfrogging of payment systems across the continent and there is a compelling need to better align remittances and payment systems in Africa.

“We are at the fore front of delivering, highly engaging event platforms for supply -side decision makers in the remittance ecosystem to network and explore partners in the evolving remittance and payment ecosystem in Africa,” Ekhator added.

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