High Remittance Costs Burden Sub-Saharan Africa, Despite Tech Advancements

Sending money to sub-Saharan Africa remains expensive, with an average remittance fee of 8.37% per transaction as of mid-2024. This high cost disproportionately affects low-income families reliant on funds from relatives abroad. While fintech innovations and mobile money solutions have made transfers more accessible, traditional banking fees and regulatory challenges keep costs elevated. The World…

Fueling Sub-Saharan Africa: The Right Protein, The Right Way

agronigeria.ng - 27/Feb 16:10

In Sub-Saharan Africa, where food security remains a pressing challenge, access to adequate nutrition is essential for economic…

How AI Is Transforming Search and Digital Experiences in Sub-Saharan Africa

technext.ng - 04/Mar 12:34

Artificial Intelligence is reshaping industries across Sub-Saharan Africa, particularly in how we engage with search engines and digital…

Tron to Launch Gas-Free Tether USDt

cryptotvplus.com - 25/Feb 12:47

Tron plans to introduce a “Gas Free” option next week, eliminating transaction fees for Tether USDt transfers. Tether reported that Tron, once...

How SpacePay Changes Money Movement: Fast Payments Bring $1M in Presale Support at $0.003126

cryptonomist.ch - 25/Feb 03:35

Moving money between businesses today works like a relay race – payments pass through multiple hands, each one adding time and taking fees. A...

Pay up to 20% more for vacations abroad

times of india - 26/Feb 22:20

Falling rupee and rising hotel tariffs have made overseas holidays more expensive for Indians, with a 15%-20% increase in costs compared to last year....

SERAP Asks Tinubu to Stop Implementation of Hiked ATM Fee

nporeports.com - 02/Mar 13:08

By Halimah Olamide Nigerian advocacy group, the Socio-Economic Rights and Accountability Project (SERAP) on Sunday called for a suspension of the...

SERAP Urges President Tinubu To Direct CBN To Suspend ATM Fee Hike Pending Court Outcome

itvradiong.com - 02/Mar 23:10

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to direct the Governor of the Central Bank of Nigeria (CBN),...

SERAP wants CBN to suspend ATM fee hike pending court verdict

worldstagenews.com - 02/Mar 14:21

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “direct Mr. Olayemi Cardoso, Governor of the Central...

Powering healthcare: Sweden & CHAI unite for Africa

esi-africa.com - 26/Feb 06:23

The partnership addresses an urgent challenge where one in four primary health facilities in sub-Saharan Africa lacks electricity

ANZ cards overseas transaction fee increasing

australianfrequentflyer.com.au - 25/Feb 12:31

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