International Day of Family Remittances

LEVERAGING REMITTANCES FOR DIGITAL INCLUSION AND IMPACT


Harriet Thompson

British HIgh Commissioner UK

Keynote speaker

Hon. Okyere Baafi

Deputy Minister for Trade and Industry

Guest Speaker

Jerry Adjorlolo

MD, Domotale Africa

MC

ABOUT THE CONFERENCE

A collaborative effort between policymakers, private sector actors and development partners is needed to ensure that short-to-medium-term measures are put in place to safeguard remittance receivers during this pandemic period. We aim to dissect the dynamic shifts in remittance flows to low-income households as we explore the evolution landscape of remittances in a post-pandemic world and discuss how various policies are influencing the industry to impact diasporans and remittance receivers.

ABOUT THE DAY: 16TH JUNE

The International Day of Family Remittances (IDFR) recognizes the contribution of over 200 million migrant workers to improve the lives of their 800 million family members back home, and to create a future of hope for their children.



Impact of Remittances

How do we scale remittances from an IMPACT perspective to cause a shift? What are the funding models currently available for scale? What is investor perspective on remittance for development?

Remittances Post-Pandemic

Remittances are projected to continue to grow by 2.6 percent in 2022 in line with global macroeconomic forecasts. A resurgence of COVID-19 cases and reimposition of mobility restrictions poses the biggest downside risk to the outlook for global growth, employment and remittance flows to developing countries.

  • Distribution
  • Frontier Markets
  • Channels
  • Pricing

Insurance

How have Insurance companies evolved to meet the needs of the market and of consumers and how do we protect the average consumer during this evolution especially post-pandemic?

Despite significant need and opportunity for remittance-linked insurance products, remittance-linked insurance products remain limited globally, and mostly unexplored in Ghana. This is due to four major challenges: partnership complexity, regulatory uncertainty, gray areas and barriers.

Remittances are particularly important on the continent and serve as a lifeline to many households. Yet insurance products that enable the sustained flow of remittances or the resilience of senders and receivers remain unexplored in Ghana.

Big Data

The focus of this panel is to leverage big data out of remittance to determine the next best offering or harness additional service offering. We now focus on big data activities and discussion.

INVITED SPEAKERS: PANELISTS

LEVERAGING IMPACT FOR REMITTANCES POST-PANDEMIC

UNCDF

IMP

Verdant

Mastercard Foundation

REMITTANCES POST-PANDEMIC

MGI

Smallworld

Viamericas

Unity Link

INSURANCE

Hollard

Enterprise

Zeepay

GLICO

BIG DATA

UNCDF

Fidelity

Cocoa360

Train2Inspire

SPECIAL FEATURE

Opening The Caribbean

Over the years, remittances have been a cheap supply of foreign exchange into emerging markets as well as unsolicited FDI's. Post-pandemic, it will be interesting to discuss how global partners and policy makers can leverage digital rails to open up the Caribbean as the next Frontier market to receive remittances from the Caribbean diaspora directly.

The panel will seek to discuss current inflows into the Caribbean and possible approaches to open up the Caribbean to receive more unsolicited FDI's into the Caribbean as has been the case in Africa.

PANELISTS

Dr. Susan Alfred, Trinidad & Tobago - Ghana Caribbean Chamber

H. E. Fidelia Graand Galon Suriname - BBD High Commission

Neville Buchanan, Jamaica - Ghana Caribbean Association

Juliette Babb-Riley - Chargé d'affaires Ghana

PANEL 01

Leveraging Impact for Remittances Post-Pandemic

Host: Leticia Browne

(SDG/ Intelligent Capital)

Tracy Kroner

(UNCDF)

Baafour Otu-Boateng

(I&P)

Kwabena Appenteng

(Verdant)

Sampson Akligoh

(Ministry of Finance)

PANEL 02

Remittances Post-Pandemic

Host: Felicity Jaforktuk

(Zeepay)

Natasha Rodulgina

(Smallworld)

Patrick Appiah

(MGI)

Dede Quarshie

(Zeepay)

Ibrahima Soumano

(CEO - Sendittoo)

PANEL 03

Insurance

Host: Dede Quarshie

(Zeepay)

Host: Jerry Adjorlolo

MD, Domotale Africa

Nashiru Iddrisu

(Hollard)

Francis Akoto-Yirenkyi

(Enterprise)

Loretta Ofori-Ani

(Zeepay)

Ladonna Buahin

(GLICO)

PANEL 04

Big Data

Host: Clara Arthur

Arianna Gasparri

(UNCDF)

Shadrack Frimpong

(Founder of Cocoa360)

Adeline Aryee

(Fidelity)

Oscar Bimpong

(Train2Inspire)

PANEL 05

Opening The Caribbean

Host: Ricardo Blackman

(PR Consultant, Barbados)

H. E. Fidelia Graand Galon

(Suriname Ambassador at Ministry of Foreign Affairs)

Cristina Awagah

Grenada (Zeepay Caribbean Launcher)

Juliette Babb-Riley

Barbados (Chargé d'affaires Ghana)

Dr. Susan Alfred

Trinidad & Tobago (President of the Ghana Caribbean Chamber of Commerce)

Neville Buchanan

Jamaica (President of the Ghana Caribbean Association)

In Association With:

uncdf
GFPA
Moneygram

Sponsors

instntmy
Zeepay