Industry news, developments, and events from around the globe.

people in a village registering for identification, with a biometric image africa on the right side.

We at DMA Global support International Identity Day and SDG Goal 16.9 because ID is vital for people to access basic services such as remittances and formal financial institutions. We stand behind ID4Africa and their coalition partners in their efforts to make September 16th a United Nations recognized day and therefore, raise awareness and generate momentum around this issue.

Goal 16.9 is to “provide legal identity for all, including free birth registrations.”

As countries around the world work towards providing legal identification for all, we want to continue to encourage them to enact proportional Know-Your-Customer requirements so as not to overburden low risk…

Digital Payments Transformation Roadmap - Philippines

With the research and input of DMA Global, the Asian Development Bank (ABD) has released a new report on 'Harnessing Digitization for Remittances in Asia and the Pacific.' The publication was prepared as part ADB's support to knowledge work on digital financial services among its developing member countries (DMCs). The research, which was carried out between November 2020 and February 2021, was able to capture the digitization trends occurring the in the market as a result of Covid-19. 

The report, which can be accessed here, covers the importance of remittances to Asia, including…

Francine Dove Ghana remittances expert

Project Manager at DMA Global, Francine Dove, was recently interviewed by Global Voice Group (GVG) about how the African remittances market is being affected by the COVID-19 pandemic. Francine, who was one of the lead researchers on the recently published RGF and SECO funded KPMG study on Ghana's remittance market, also provided her insights about the new challenges that come about due to the pandemic and what sees in store for the future of the African remittances market. 

Francine spoke to Global Voice Group…

Leon Isaacs Mr Remittances

CEO of DMA Global, Leon Isaacs, was recently featured in an exciting new podcast called The Migration and Diaspora Podcast (TheMDPcast). TheMDPcast was launched by friend of DMA, Loksan Harley, a multi-lingual independent migration expert.  

The podcast episode is available on all major podcast platforms, including Apple Podcast, Spotify, Stitcher , Google…

RGF Report findings from Nigeria, UK, Netherlands and USA

Through the RGF and funded by SECO, KPMG commissioned DMA Global to undertake a Ghana remittance market diagnostic on behalf of the Ministry of Finance. The study, a public good research for the benefit of all stakeholders in Ghana's remittance market, is now avInailable for download here.  

This report outlines the findings from the diagnostic carried out by DMA Global. It analyses trends in migration and remittances to Ghana, including total average cost to send, provides an overview of the remittance market structure and summarises via a literature review, similar research of the Ghana remittance market. The report also provides…

cover page for IOM Fiji Covid 19 rapid assessment

DMA Global's Director for DMA Asia-Pacific, Jon Capal, recently worked with IOM Fiji to complete a rapid assessment of the socio-economic impacts of Covid-19 on Labour Mobility in the Pacific region. 

The full report can be accessed here

This report constitutes a rapid assessment of how COVID-19 has affected labour mobility and broader migration trends in the Pacific region, examining the perspectives of government officials, migrants awaiting departure in countries of origin, migrants (seasonal workers and temporary migrants) in destination countries, diaspora communities, and development partners. Countries covered…

diaspora remittances covid webinar

Our CEO, Leon Isaacs, will be joining Amadou Cisse of the African Institute of Remittances, Andurahman Tarab of the Nigerian Diaspora Commission and other prominent speakers as part of the Africa Digital Baraza Webinar Series hosted by GBS Africa and the Royal African Society

This webinar, entitled, Diaspora Remittance and Savings: Capital base for Africa's Financing Needs, brings together leading experts in finance, development and migration to discuss innovative strategies for managing Diaspora remittance to support Africa's recovery post COVID-19. 

The digital event will be held on…

As we gear up for IMTC Africa 2019 which will be held in Lagos, Nigeria and co-chaired by our CEO, Leon Isaacs, here's a quick look back at Leon's interview from IMTC EMEA that was held in London. Here he lets us in on some of the digital revolutions occurring in the payments industry globally, from less cash to more blurring of the various accounts people own. 

IMTC conferences concern international payments and remittances and are a chance for participants to exchange points of view, analyze trends in the money transfer business, network & partner, explore new products and services, listen to innovative ideas, etc. Last year's IMTC Africa was held in Nairobi, Kenya…

Diaspora Investment and Remittances

The Migration and Development Fund has commissioned two key studies on Developing a Systematic Approach to Supporting Diaspora Investment in Africa (DMA Global) and The Opportunities and Risks of Digitization on the Remittances Market in the WAEMU and CEMAC regions (HORUS).

Exploring barriers to remittances in sub-Saharan Africa

Remittance flows represent an increasingly important source of income for sub-Saharan Africa (SSA). Between 2012 and 2015, formal flows steadily grew at a higher growth rate than foreign direct investment (FDI) and official development assistance (ODA). As a result, the value of formal remittances sent into SSA today almost matches those of FDI and ODA. Formal flows between countries in SSA are greater than ever. However, since 2016, the value of formal remittances sent into the region is no longer growing. Much of which is migrating to informal channels as SSA still has the most expensive…