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<p>In 2019, Somaliland had a GDP of about US$2 billion, most of which it receives in remittances from Somalilanders working abroad.</p>


WorldRemit Chair

WorldRemit Chair, Ahmed on how to improve investment flows to Somaliland

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<p>As Nigeria moves to improve liquidity in the foreign exchange market through its diaspora remittance policy, digital cross-border payment business WorldRemit says they have added new options to make international payments more convenient for Nigerians. Gbenga Okejimi, Country Manager for Nigeria and Ghana at WorldRemit joins CNBC Africa for more.</p>


WorldRemit: CBN’s policy to boost formal remittances to Nigeria

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<p>It is estimated that Africa sends $65 billion in remittances. WorldRemit, is the first digital only remittance company. Allowing customers to sign up and verify their personal information all online. No more filling out forms or waiting in queues. You can send and receive money to friends and family in over 150 countries. CNBC Africa spoke to Andrew Stewart, the company&#8217;s Managing Director in Middle East &#038; Africa.</p>


WorldRemit set to disrupt Africa’s remittances industry

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<p>Leading digital money transfer service WorldRemit has signed a direct partnership with Kenya’s telcom giant Safaricom to enable instant cross-border money transfers to 28.6 million M-PESA mobile money accounts in Kenya. Sharon Kinyanjyui, Head of East and Central Africa at WorldRemit joins CNBC Africa to shed more light on this deal.</p>


WorldRemit signs partnership with Safaricom to boost remittances

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<p>African founded company, WorldRemit has been officially confirmed as the first official online money transfer partner of the Premier League club, Arsenal.</p>


WorldRemit, Arsenal partner to provide online money transfers to fans

<p data-reactid="38">Digital money transfer service WorldRemit has partnered with Chinese smartphone maker Huawei to enable the international transfer of money across Huawei&#8217;s mobile services in Africa, the companies said on Tuesday.</p>
<p data-reactid="39">Mobile money services that allow customers to transfer funds using their phones have proved hugely popular in parts of Africa, particularly where people have less access to traditional bank accounts.</p>
<p data-reactid="40">&#8220;International remittance is a very important mobile money service in Africa, and our partnership with WorldRemit will bring international remittances directly to Huawei’s customers across the continent,&#8221; David Chen, Vice-President of Huawei Southern Africa, said in a statement.</p>
<p data-reactid="41">Safaricom&#8217;s mobile phone-based financial service M-Pesa in east Africa has already seen success in this market.</p>
<p data-reactid="42">The partnership will allow London-based WorldRemit to connect to over 100 million mobile accounts currently using Huawei’s platform, which delivers basic banking transactions through its mobile money offerings on smartphones and basic handsets.</p>
<p data-reactid="43">The deal will reduce the barrier of technical integrations with new mobile money operators to offer international remittances for mobile network operators to enable all Huawei partners to swiftly switch on this service, WorldRemit and Huawei said.</p>


WorldRemit

WorldRemit Chair, Ahmed on how to improve investment flows to Somaliland

WorldRemit: CBN’s policy to boost formal remittances to Nigeria

WorldRemit set to disrupt Africa’s remittances industry

WorldRemit signs partnership with Safaricom to boost remittances

WorldRemit, Arsenal partner to provide online money transfers to fans

Huawei joins WorldRemit in mobile money transfer deal for Africa

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WorldRemit

WorldRemit Chair, Ahmed on how to improve investment flows to Somaliland

WorldRemit: CBN’s policy to boost formal remittances to Nigeria

WorldRemit set to disrupt Africa’s remittances industry

WorldRemit signs partnership with Safaricom to boost remittances

WorldRemit, Arsenal partner to provide online money transfers to fans

Huawei joins WorldRemit in mobile money transfer deal for Africa

News Tips

Advertise With Us

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