CEMAC: Mobile Money Drives CFA557.3 Billion in Diaspora Transfers in 2023

[Business in Cameroon - Cameroon] - 17/10/2025
CEMAC countries received CFA 557.3 billion ($910 million) in remittances via mobile money in 2023, a record high. Cameroon accounted for more than 75% of the region’s total transaction value. Europe remained the dominant source of transfers, contributing 72% of total inflows. The Economic and (…)
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