Tag Archives: remittances

Migrants’ remittances and the role of post offices in rural development

Mauro Martini, our colleague at the International Fund for Agricultural Development (IFAD), wrote a great post last month on the African Postal Financial Services Initiative (APFSI), a partnership between IFAD, the World Bank, UNCDF, WSBI, and the UPU, with financial backing from the European Union. The global average cost of sending remittances stands at about […]

How can post offices improve access to remittances and financial services in rural Africa?

By Sanket Mohapatra We have just released a Migration and Development brief prepared by our colleagues Jose Anson and Nils Clotteau of the Universal Postal Union (UPU) based in Berne, Switzerland. There are an estimated 660,000 post offices in the world, larger than all bank branches combined. In this brief, Jose and Nils explore the […]

IFAD, AfDB and IAD Recommend a Wider Use of Postal Networks to Increase Access to Finance

Is the postal network an essential infrastructure for economic and social inclusion in rural areas of developing and emerging countries? The International Fund for Agricultural Development (IFAD), the African Development Bank (AfDB), and the Inter-American Dialogue (IAD) seem to think so! Two recommendations following the last Global Forum on Remittances co-hosted by the IFAD, the AfDB, and the IAD in […]