Investors from Asian countries such as Japan, China and Saudi Arabia are increasingly exploring geographical diversification, suggesting a broader strategy to mitigate risks and capture new market opportunities.
Participants will also benefit from interactions with representatives from development banks and international organizations, including the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII), among others.
Currently, recipients of remittances in Ethiopia have a variety of options, including mobile money services, cash pickups through agents, and direct bank deposits.
Participants will also benefit from interactions with representatives from development banks and international organizations, including the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII), among others.
Currently, recipients of remittances in Ethiopia have a variety of options, including mobile money services, cash pickups through agents, and direct bank deposits.
Wattnow is strategically positioned to capitalize on this expansion, particularly in its primary markets in Europe and the Middle East and Africa (MEA), where the market size was estimated at $11.77 billion and $1.68 billion, respectively.
The funding from FCDO will enable AgDevCo Ventures to attract further capital, with an additional £20 million currently being raised from development finance institutions and family offices.
