Feranmi Posted January 7, 2019 Share Posted January 7, 2019 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. Link to comment Share on other sites More sharing options...
scoobysi Posted January 7, 2019 Share Posted January 7, 2019 I presume their work with the gates foundation will (hopefully) bring a suitable result for such areas & potential...……. Link to comment Share on other sites More sharing options...
Archbob Posted January 9, 2019 Share Posted January 9, 2019 Its gonna be hard to use x-rapid in Africa seeing how there are hardly any XRP trading pairs there with any volume. Link to comment Share on other sites More sharing options...
LokkitoVac Posted January 10, 2019 Share Posted January 10, 2019 I have never thought it would be so urgent for Africans. Link to comment Share on other sites More sharing options...
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