Tag: Mobile Money Transfers to CEMAC Near $1B in 2023
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Mobile Money Transfers to CEMAC Near $1B in 2023
Mobile money has fundamentally changed how the diaspora sends money to the Central African Economic and Monetary Community (CEMAC) region. Migrants from the six member states transferred 557.3 billion XAF (approximately $990 million) via mobile money in 2023, a record that confirms the rise of digital transfers as the main channel connecting the diaspora with their…
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