The UK government is committed to reducing the cost of sending and scaling up formal remittance flows from the UK to Africa. With its goal to reduce costs and scale formal flows, the UK Department for International Development (DFID) and its Africa-based partner, FSD Africa, are interested in exploring whether there are ways of accelerating the migration of remittance senders from cash to digital channels. Key to this is understanding the reasons behind a preference for cash, the main motivators for change, any barriers that exist and lessons for digital service providers.
On 16th October, 2018, 250 delegates convened at Lord's Cricket Ground for a forum built around HE Dr Arkebe Oqubay, Special Economic Advisor to the Prime Minister of Ethiopia, who was able to provide his experience, expertise and invaluable insight into Ethiopia's economy and several of its key sectors. The day was opened by Harriett Baldwin MP in her role as Minister of State for Africa, HE Dr Afework, Ambassador to the UK and Laurence Robertson MP, Chair of the UK APPG on Ethiopia.
On 10th October, DMA welcomed 170 delegates to Savoy Place for the UK-Tunisia Trade & Investment Forum 2018. Attendees were welcomed by Ambassador Khedher and Ambassador de Sousa before hearing from Mehdi Ben Abdallah, the President of the Tunisian British Chambers of Commerce, about the strong and growing business ties between the two countries as well as the many opportunities that are being and will be developed in the near future.
On 24th April, DMA welcomed the Prime Minister of Papua New Guinea, Hon Peter O’Neill, to the Gibson Hall in the City of London for the second UK-Papua New Guinea Trade & Investment Forum.
On 27th March, at Mansion House in the City of London, a senior delegation of ministers from the Government of Morocco and Moroccan agencies met with high-level British representatives from both the public and private sector.