High Cost of Remittance flow within Africa: The African Institute for Remittances (AIR) to work with key market players to lower the cost of sending money to and within Africa
Remittances transfers to and within Africa have been known as the most stable and reliable capital inflows to the continent over the past two decades. Besides, it is one of the most important sources of external resources in many African countries that has real impacts on lives of millions of recipient families across Africa. However, remittance senders to and within Africa continue to suffer from the high costs of sending money home.