Every year, people in emerging markets like Nigeria, Brazil and India drive the global remittance market worth over 600 billion dollars last year. In 2018, global remittances are expected to reach $642 billion. According to the World Bank, Nigeria topped other African recipients with $22.3 billion in 2017. The total remittance to Africa was $37.8 billion that same year. The only Ripple partnership I know of in Africa is with Nigerian Fintech start-up, FlutterWave, to enable payments to Nigeria from Canada. Why are we not seeing a lot more Ripple partnership with African financial companies like the company is doing in Asia? I think the African market, especially Nigeria, is ripe for the Ripple network.
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