Insights

To facilitate periodic reflections from our implementation and engagement experience, we present learning and observations to allow greater insights into the scope and impact of results. These insights are meant to promote cooperation among various stakeholders to improve efficiency in remittance markets, including strengthening the trust of migrants in digital solutions.

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Migrant Money Notes

Scaling the Next Frontiers in Migrant Insurance and Pensions

Insurance and pension play a pivotal role in ensuring financial resilience of migrants and their families. The need for such services has also become accentuated in the post-COVID-19 scenario. Although…

Migrant Money Notes

The Future of Migrant Insurance and Pension

In this paper, reflecting the collective perspective of global stakeholders, UNCDF explores the possibilities of leveraging the potential of migrant insurance and pensions that can contribute to their comprehensive financial…

Migrant Money Notes

Designing Gender-Smart and Migrant-Centric Digital Remittances

Adopting a migrant-centric and gender-smart approach is about taking a long-term view of the context in which the remittance business operates and understanding how deliberate and upfront investments in reaching…

Articles and Case Studies

How Do Digital Remittances Contribute to Women’s Financial Health?

Results from a UNCDF survey make clear the need for more gender-smart and migrant-centric remittance products

Migrant Money Notes

Designing digital remittances for migrant domestic workers Pt.2

The low uptake of digital remittances, particularly among women migrants, could be linked to the growing disconnect between the products available to migrants and their real needs and behaviours as…

Migrant Money Notes

Designing digital remittances for migrant domestic workers Pt.1

The customer archetypes highlight mostly the customer needs and behaviours regarding the choice and adherence to remittances and financial services. Once they have been identified, RSPs can leverage customer archetypes…

Articles and Case Studies

New Directive Key to Formalise Remittances, Keep them Flowing

An amended National Bank of Ethiopia (NBE) directive increases permissible forex holdings by 15pc and eases restrictions on use. It is the right step to encourage inbound forex flows through…

Articles and Case Studies

Can Focused Policy Reforms Help Bring Back Remittances?

How the Ethiopian government is tackling the challenge of declining remittances and economic contraction

Articles and Case Studies

Making It Easier for Migrants to Send and Save

The National Bank of Ethiopia’s (NBE’s) new “Establishment and Operation of Foreign Currency Saving Account for Residents of Ethiopia, Non-Resident Ethiopians and Non-Residents of Ethiopian Origin, Directives No. EX1V 68…