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Industry news

Ria adds more Post partnerships to reach underbanked

62 percent of the world’s adult population have an account with a bank, financial institution, or mobile money provider. But according to the Global

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Kazpost launches new offline money transfer service

Kazakhstanis will be able to pay for goods in shops using mobile communication. The national operator Kazpost has launched a new service ‘Salem, Mob

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Study: Mobile international remittances expected to exceed $25B by 2018

A new study from Juniper Research has found that international remittances — including airtime top-ups — via mobile phone will exceed $25 billion by

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NSB joins IFAD to celebrate first-ever International Day of Family Remittances

An interview with Chandula Abeywickrema, Consultant – Strategy and Marketing, National Savings Bank (NSB) The first-ever International Day of Famil

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The future of remittances is digital

The remittance industry is being digitally remastered. A growing base of customers comfortable with using mobile devices, increasing competition fro

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Lebara and Allianz Group announce insurance partnership to consumers in emerging markets

Lebara, a mobile and media services provider to the world’s migrant community, today announced a partnership with global insurer the Allianz Group.

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Nigeria to launch Post Bank

Nigeria’s Minister of Communications said the Nigeria Postal Service (NIPOST), will soon introduce Post Bank to bring banking services to rural dwel

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Mobiles speed up financial inclusion in Africa

A study of five countries in Sub-Saharan Africa reveals 63 per cent of respondents are unbanked, and 52 per cent use mobile money through agents. T

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Opening a Nationwide Mobile Wallet

Four in five Peruvians don’t have a bank account, but in a country of 30 million people, there are about 32 million cell phones. So the leading Peru

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Gulf migration at an inflexion point

The steep fall in global oil prices has hit Gulf economies severely. Saudi Arabia, United Arab Emirates (UAE), Qatar, Bahrain are expected to run hu

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Public sector

Remittances to Philippines remain subdued after marked slowdown

Half of remittance recipients expected no change in the amount of money they receive in the next six months. Basic necessities like food and hous

20-06-2016
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Remittances Bring Economic Stability to Families and Countries, says IFAD President on International Day

On the International Day of Family Remittances, 16 June, Kanayo F. Nwanze, President of the International Fund for Agricultural Development (IFAD),

15-06-2016
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España recibe cada vez más remesas, aunque sigue siendo un país emisor

Las remesas se han ido incrementando progresivamente en los últimos años y se espera que sigan así en el futuro, debido al aumento de los flujos mig

13-06-2016
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World Bank makes progress to support remittance flows to Somalia

The World Bank and the Federal Government of Somalia are working together to help support the flow of remittances to Somalia, to ensure they continu

13-06-2016
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Foreign aid is a shambles in almost every way

NOT long ago Malawi was a donor darling. Being dirt poor and ravaged by AIDS, it was needy; with just 17m inhabitants, a dollop of aid might visibly

08-06-2016
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Remittances are three times greater than aid – how can they go even further?

This year the World Bank expects remittances to reach over $600bn; they will play a crucial role in fundings the SDGs When people in developed coun

17-05-2016
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Remittances to Lebanon to keep sliding: economist

Expatriate remittances to Lebanon will continue to fall slightly in 2016, according to economist Ghazi Wazneh. “Remittances to Lebanon will see a s

17-04-2016
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OFWs’ February remittances rise 9.1% to $2.11B

Remittances from overseas Filipino workers (OFWs) witnessed a 9.1 percent year-on-year growth in February 2016, highest since August 2015. The late

17-04-2016
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Caribbean saw ‘most rapid’ growth in remittances last year – World Bank

While remittances to developing countries overall edged up slightly in 2015, the World Bank says among geographical regions, Latin America and the C

17-04-2016
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Kenya's diaspora remittances sees an 8.4 per cent surge

East Africa’s economic giant, Kenya, has seen an 8.4 per cent surge in diaspora remittances. Diaspora remittances to Kenya rose to 1.54 billion US

24-02-2016
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From Russia with love - Remittances are a good thing, except when they stop

Debt crises, capital flight and corruption are all familiar problems for poor countries trying to finance their development. A bulwark, say some, is

14-01-2016
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Banks, The Caribbean Diaspora And Remittances

Imagine this! You, a partner or family member is working overseas. You have been sending money home to support an aging relative or to make a regula

12-01-2016
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Civil society

Project To Invest OFS’ Savings
 In PH Rural Development Launched In Seoul

A regional project intended to facilitate the investment by overseas Filipinos in the Philippines’ rural development was launched in Seoul on May 29

21-06-2016
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The diaspora groups bringing aid to Syria: 'This isn't a job, it's now our life'

Inside Syria, 75% of aid is now arriving through local networks supported by diaspora groups. Among the leaders of this new humanitarian wave is Bri

19-06-2016
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«D’ici à 2030, les frais sur les transferts d’argent ne dépasseront plus les 3%»

Chaque année, l’Afrique perdrait près de 1,6 milliard d’euros. De quoi financer l’éducation dans 14 millions d’écoles primaires, améliorer le systèm

13-06-2016
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How Syrian Refugees in Europe Are Helping Those At Home

Ahmad Kobah was 17 when he fled the Syrian city of Aleppo to seek a new life in Europe. When he set off in August 2014, he took $1,600 in cash—enoug

07-06-2016
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Invitation to bid: Engaging diaspora communities to support youth employment in Senegal and Morocco

This Invitation to Bid is intended to select a recipient or consortium of recipients to receive IFAD grant financing to implement a project on ‘Enga

09-05-2016
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UN General Assembly High-level Meeting to Address Large Movements of Refugees and Migrants - Apply for Civil Society Steering Committee

On 19 September 2016, the UN General Assembly will host a High-level Meeting at UN Headquarters in New York to address large movements of refugees a

08-05-2016
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Migrants’ remittances and the role of post offices in rural development

For hundreds of millions of Africans, post offices play a crucial role in daily life, for sending and picking up parcels or letters, but also for fi

04-05-2016
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A slow recovery for Nepal's tourist industry

Tourism is the lifeblood of the Nepalese economy, but since the earthquake in 2015 that cost 8,000 lives and left many thousands more homeless, visi

18-04-2016
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Countries look to draw expatriate cash with 'diaspora bonds'

A growing roster of developing states are turning to their compatriots abroad to raise cash by marketing "diaspora bonds", a funding strategy succes

17-04-2016
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Rwanda: Diaspora Business Incubator - Where Global Ideas Meet Rwanda's Development Outline

Three Rwandans conceived one idea-creating a platform that would serve as activation, consulting and support hub for all Diaspora members interested

17-04-2016
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Italy's immigrants financing 600,000 pensioners: report

Immigrants from outside the European Union pay enough social contributions to fund the pensions of 600,000 retired Italians, research has revealed a

14-03-2016
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Gujarat to start 5 foreign desks for attracting investment from diaspora

While stressing its pre-eminence in the industrial scenario of the country, Gujarat is planning to tap into the massive Gujarati diaspora by startin

21-02-2016
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GFRD2015 MEDIA

The key role of migrants and remittances in the UNSGSA 2015 Annual Report to the Secretary-General

  The key role of migrants, and the tremendous impact that remittances have on their families and communities back home, is well highlighted in the

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WorldRemit wins prestigious award issued by United Nations agency

Source: sfgate IFAD recognises “Best Practice in Remittances for Development.” IFAD, a United Nations agency, today recognised WorldRemit’s role in

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Why immigrants flock to Russia

Source: Gulfnews Russia is not often thought of as a country of immigration. Yet, the country’s enormous territory and shrinking indigenous populatio

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UN agency cites BSP’s financial education program for OFWs

Source: Gmanetword A specialized agency of the United Nations has cited the Bangko Sentral ng Pilipinas for providing overseas workers and their fami

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Azimo Raises $20 Million to Fuel its Global Growt

Source: fox8live Azimo, the London based digital money transfer service, announced today that it has raised an additional $20 million in financing. T

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Mandare i soldi a casa

Source: Radio3Mondo Oltre ad assicurare la sopravvivenza di milioni di persone in tutto il mondo, le rimesse presentano anche un potenziale immenso i

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Les transferts des migrants ne sont pas bien utilisés

Source: L' economiste DES marchés de transfert d’argent plus compétitifs aideront à une meilleure utilisation de l’argent qu’envoient les travailleur

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Travailleurs migrants en Europe : ce qu'ils envoient chez eux

Source: sen360 "Cette somme de 109,4 milliards de dollars américains a fourni une bouée de sauvetage à  plus de 150 millions de personnes à  travers

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Où va l'argent des travailleurs migrants européens ?

Source: Le Figaro INFOGRAPHIE - Les travailleurs immigrés en Europe ont transféré plus de 100 milliards de dollars en 2014, soit en moyenne 2000 eur

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Doseljenici poslali 109 milijardi dolara kući

Source: Al Jazeera Među zemljama u koje su migranti najviše slali novac su Ukrajina, Poljska i Rumunjska, ali i države Zapadnog Balkana. Doseljenici

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FIDA: Les marocains d’Espagne ont transféré 1,7 milliard de dollars vers le Maroc en 2014

Source: Lemag.ma Madrid : Les marocains sont la communauté étrangère en Espagne qui a envoyé le plus d’argent à son pays. Ils arrivent premiers devan

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EthicPhone, la première application de paiement mobile pour la diaspora africaine en France

L’expérimentation durera six mois et sauf grosse suprise, elle débouchera sur la création d’une application pour smartphone qui promet de bouleverser

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Development community

  • International Financial Institutions
  • Migration 4 Development

The International Fund for Agricultural Development (IFAD) is , a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. http://www.ifad.org 

The Consultative Group to Assist the Poor (CGAP) CGAP develops innovative solutions through practical research and active engagement with financial service providers, policy makers, and funders to enable approaches at scale. Housed at the World Bank. http://www.globalmigrationgroup.org

The World Bank is one of the world’s largest sources of funding and knowledge to support governments of member countries in their efforts to invest in schools and health centers, provide water and electricity, fight disease and protect the environment. http://www.worldbank.org/


The EU's executive body and represents the interests of Europe as a whole (as opposed to the interests of individual countries). http://ec.europa.eu/index_en.htm

The Multilateral Investment Fund (MIF), The Multilateral Investment Fund (MIF) supports economic growth and poverty reduction in Latin America and the Caribbean through the promotion of private investment and promoting private sector development. http://www.fomin.org

The Ministry of Foreign Affairs and Cooperation plans, directs, implements and assesses Spain's foreign policy and development cooperation policy, following the Government's guidelines and applying the principle of unity of external action. http://www.exteriores.gob.es/Portal/en/Ministerio/Paginas/inicio.aspx 

The Inter-American Development Bank (IDB) lends directly to Latin-American, Central America, South American and Caribbean countries for infrastructure and civil society projects. http://www.iadb.org/en/inter-american-development-bank,2837.html

The government consists of a president, with the title of Prime Minister and several members with the title of Minister. It may also include one or more members with the title of Minister or Secretary of State. https://www.gouvernement.lu/

KNOMADThe Global Knowledge Partnership on Migration and Development (KNOMAD) is envisaged to be a global hub of knowledge and policy expertise on migration and development issues.
http://www.knomad.org

 

GMGThe Global Migration Group (GMG) is an inter-agency group bringing together heads of 16 agencies for more coherent, comprehensive and better coordinated approaches to the issue of international migration. On the GMG website links to all individual agencies can be found.
http://www.globalmigrationgroup.org

 

JMDIThe Group of Twenty (G20) is the premier forum for its members’ international economic cooperation and decision-making. Its membership comprises 19 countries plus the European Union. Each G20 president invites several guest countries each year. https://www.g20.org/about_G20

 

GFMDThe Global Forum on Migration & Development in line with the September 2006 report from the UN-GA High Level Dialogue on Migration and Development (HLD) and the GFMD Operating Modalities endorsed in Brussels in 2007, the GFMD is a voluntary, informal, non-binding and government-led process open to all States Members and Observers of the United Nations, - See more at:  http://www.gfmd.org/process#sthash.UBcNZKgR.dpuf.

 

Global Forum 2015

International Day of Family Remittances

      About 250 million migrant workers live outside the country they call home. A significant majority of them send money home, ty

06-10-2015
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Exhibitors

International Development Bank We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries

17-05-2015
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Useful information

  Registration You may register to the GFRD2015 by clicking here. Registrations to the Forum are free of charge and open until May 22, 1

29-11-2014
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GFRD2015 agenda and resources

Agenda GFRD2015 Brochure Video of the International Day of Family Remittances   PUBLIC SECTOR DAY - 16 JUNE Sessi

26-11-2014
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About the GFRD2015

  The fifth Global Forum on Remittances and Development (GFRD), convened by IFAD, the World Bank and the European Commission, took place from 16 to

25-11-2014
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Expo Milano 2015 Participants

Expo Milano 2015 is a global event characterized by its nature of uniting many different voices, basing its success on the involvement of all the vari

24-06-2014
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About the Gateway

The RemittancesGateway portal is a one-stop shop providing the latest news, events, publications, information and statistical data from a broad range of institutions, partners and stakeholders on the subject of remittances, migration and development. The Gateway is a fully interactive website that targets industry, private and public sectors, civil society actors and the development community. Besides sharing information, the portal is a virtual forum for discussion among remittance experts and stakeholders, and an institutionally neutral platform for continuous dialogue.

Contacts

Remittances Gateway Team
Via Paolo di Dono, 44
email: remittances@ifad.org
tel. +39 0654592311

Quotes

"Deepen the range of financial services provided in rural areas"
J. Doe
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