AFRICA REMITTANCE

AFRICA REMITTANCE

Countries Operations

Belyfted advancing to operates in several African countries and we are constantly working on expanding our global footprint.


Including cash pick-up, bank account transfers and mobile money and from banks, money transfer agents, telecoms companies and Mobile Money providers, to businesses that want to find a better way to pay suppliers abroad.

And yet remittances will remain crucial to many low and middle income countries because it is expected foreign direct investment from more formal sources will drop even more by around 35% due to travel restrictions, disruption of international trade and decline in the stock prices of multinationals. Private portfolio flows typically allocated for emerging markets are expected to drop by up to 80%.