Perspectives

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Africa: most expensive place to send money in the world

At an estimated USD 66 billion in 2015, formal remittances to Africa are three times larger than overseas development assistance and more stable than most other sources of finance. Remittance flows have become one of the largest sources of external finance to African countries after foreign direct investment and are attracting increasing attention because of their rising volume and impact on the receiving countries. Yet, despite the ever-increasing attention on them as a potential development tool, sending money to Africa is more expensive than sending to any other region in the world.

Opportunities Beckon in Mineral-Rich Zambia
By Moin Siddiqi, Economist The Republic of Zambia is a vibrant developing nation bursting with solid potentials; chiefly abundant resources, strong demographic and macro-economic fundamentals, as...
On Diaspora Investment and Effective Programming
by Nana Boakye-Adjei   In 2012, DMA wrote an article on diaspora investment and effective programming. A lot has changed in the way of actors in this space and the...
Tunisia: A New Path For Sustainable Growth
By Moin Siddiqi, Economist Today, into the fifth year of The Arab Spring, Tunisia, despite stiff challenges offers a genuine success story among the Arab countries in transition; comprising of...

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