Countries in Africa with the lowest costs of sending remittances 2021
As of 2021, Côte d’Ivoire was the African country with the lowest costs incurred on remittances sent. The charges for a money transfer of 200 U.S. dollars in the country amounted to 2.7 percent of the sum sent, on average. Senegal and Rwanda followed, with costs corresponding to 3.4 percent and 7.9 percent of the amount sent, respectively.