Africa Remittance Intelligence | Notion

Africa Remittance Intelligence — Management 1-Pager

Date: Aug 2025

1 | Market Snapshot

KPI	Figure	Δ YoY	Comment
Total remittance inflows	US $ 92.2 bn	+6 %	Top recipients: Egypt (US $ 34 bn) › Nigeria (20 bn) › Morocco (11 bn)
Outbound remittances	US $ 30 bn	+4 %	Key senders: South Africa › Côte d’Ivoire › Nigeria › Ghana
Avg. cost, US $ 200	8.4 %	–0.2 pp	Digital 3.8–5 %; Banks 10.2 % (WB RPW Q1 2025)
High-impact fee breaches*	3 corridors	—	All exceed SDG target of 3 %

Fee > 7 % & Volume > US $ 1 bn

2 | Cost Hot-Spots (Volume ▲, Cost ▲)

Corridor	2024 Vol	Avg. Fee	Pain Driver
Cameroon → Nigeria	US $ 1.1 bn	10 %	FX spread + limited digital rails
Saudi → Sudan	> US $ 1 bn	8–12 %	Sanctions, cash dependence
South Africa → Zimbabwe*	≈ US $ 1 bn	12.7 %	High FX margin, cash agents

Formal ≈ US $ 0.9 bn; total (incl. informal) > US $ 1 bn.

3 | Competitive Landscape

Traditional MTOs: Western Union (~30–45 %), MoneyGram (~20–25 %), Ria (~10–15 %).
Digital / hybrid challengers: WorldRemit / Sendwave (~10 %), Remitly & Xoom gaining 2–5 pp YoY; Mukuru & Mama Money dominate SA→SADC.
Last-mile dominance: Mobile-money in East Africa (>60 % payouts), bank & agent networks elsewhere.

4 | Regulatory & Web3 Readiness

Status	Jurisdictions	Notes
🟢 Full VASP / Travel-Rule	South Africa, Botswana, Mauritius	60+ licences live, compliant CASPs
🟡 Transitional / sandbox	Nigeria, Namibia, Kenya	AIP or draft bills; pilots 2025-26
🔴 No framework / bans	Morocco, Algeria, Egypt, Senegal (WAEMU)	Advocacy / indirect on-ramp only

5 | Strategic Opportunity for RemiDe