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REPORTS
Africans move primarily for economic reasons, but also social, cultural or climate-related reasons, in order to improve their lives. Even though the COVID-19 pandemic has brought uncertainty and affected migration patterns, many signs show that international migration will only continue flowing in Africa.

2020 has been a special year for the cross-border remittance industry. To underline the trends that characterized remittance flows throughout the year, IAMTN and the research company CALETA have joined efforts to produce the 2020 Industry Report. The report underlines how the market has continued functioning thanks to new processes and digital instruments.

2020 has been a special year for the cross-border remittance industry. To underline the trends that characterized remittance flows throughout the year, IAMTN and the research company CALETA have joined efforts to produce the 2020 Industry Report. The report underlines how the market has continued functioning thanks to new processes and digital instruments.

While millions of Africans send money within the continent to support their families, formal remittance channels remain expensive, slow, lack accessibility and transparency. This report explores the challenges that are observed in different African markets, and how to overcome these to let remittances flow seamlessly.
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