Remittance - Africhange Blog

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Remittance

A collection of 15 posts

How Women Drive Global Remittances & Why IWD 2025 is a Call to Action.

How Women Drive Global Remittances & Why IWD 2025 is a Call to Action.

International Women’s Day (IWD) 2025 isn’t just another hashtag or corporate shout-out. It’s a wake-up call. This year’s theme, “Accelerate Action,” challenges us to do more, especially in areas directly impacting women’s financial independence. And one of the most overlooked? Remittances. For millions of women

New Naira notes

Understanding the Impacts of Nigeria’s Cash Crisis on Remittances

Nigeria is the largest recipient of remittances in sub-saharan Africa according to data from the World Bank, receiving up to $20.9 billion in 2022, a 7.5% growth compared to 13.2% in 2021, but what happens when the majority of Nigerians are unable to withdraw their funds in

Sending money from one person to another

6 Tips for finding the best exchange rates when sending money to Africa

Finding the best exchange rate is crucial when searching for effective ways to send money to Africa or any other country. The exchange rate is the rate at which one currency is converted into another currency, and it can vary widely depending on the exchange provider. A good exchange rate

Africhange Launches CAD-KES Corridor

Africhange Launches CAD-KES Corridor

Africhange is excited to announce the launch of our new CAD-KES corridor, making it easier than ever to send money to Kenya from Canada. Sending money to loved ones in Africa and abroad can be a difficult and time-consuming process, often involving high fees and long wait times. But with

Earning as an Africhange Affiliate

Earn Money and Make a Difference in the Africhange Affiliate program

5 Effective ways to send money to Africa

5 Effective ways to send money to Africa

New options of sending money globally, particularly in Africa where remittances play a crucial role in the economy and livelihoods of many, are constantly emerging. While these options may seem challenging to people without experience, with some practice, the process can easily and efficiently be completed. Here are 5 effective

How to Choose the best remittance service

How to Choose the best remittance service

Wherever you live in North or South America, Europe, Asia or Africa, one day you will experience a simple but delicate need of sending money (or receiving money from) abroad. In such situation, having a good knowledge of how to choose the best remittance service will save you from an

Africhange Version 2 is LIVE

Africhange Version 2 is LIVE

You asked, and we delivered. It’s been almost two years since we launched Africhange web, and a year and two months since we rolled out the mobile version. Our commitment is that of improving our service and its value to you- our esteemed user. We pat our shoulders on

Beyond the Band-Aid: The Positive Impact of Remittances on African Households and Communities

Beyond the Band-Aid: The Positive Impact of Remittances on African Households and Communities

Remittances are financial transfers from people living and working abroad to their families and communities in their home countries. In Africa, remittances are a significant source of income for many households and communities, and play a vital role in supporting economic activity and development in low and middle income countries.

How to avoid common mistakes when sending money to Africa

How to avoid common mistakes when sending money to Africa

Sending money from Canada or anywhere in the diaspora to Africa can be a daunting task, especially if you're unfamiliar with the process. However, with the right guidance, you can avoid common mistakes and ensure that your money reaches its destination safely and efficiently. Here are common mistakes

Settling in Canada in 7 steps

Settling in Canada in 7 steps

The Immigration and migration story is not novel to us. Far back to prehistoric times, homosapiens have always migrated from one place to another. And even though many of these migrations are fueled by numerous reasons like climate change, natural disasters, wars, and others, one primary motive for immigration is

Experiencing all-round growth with Africhange

customer experiences

Experiencing all-round growth with Africhange

Helping others is more than a passion for Oluwafemi, a Nigerian-Canadian immigrant. As a CDC Ambassador at Value Village, he receives and recycles clothes, shoes, eating and cooking utensils, home appliances and the likes from non-profit organizations in Canada and the US and resells them at subsidized rates to customers.

Sending Money Home: How to Avoid Low Exchange Rates and Delayed Verification

Sending Money Home: How to Avoid Low Exchange Rates and Delayed Verification

The average Nigerian immigrant residing in Canada has a voluminous array of self justifications for leaving his country, one of which is earning in a higher stable currency and sending part of these earnings home to support their loved ones. Eloho Awelewa is no different. A seasoned and multi-faceted administrator,

How to send money from Canada to Mexico within minutes

Are you looking for the best way to send money to friends or family in Mexico? With Africhange, sending money straight from your Canadian bank account straight to personal bank accounts in Mexico is now cheaper and easier. You can transfer money to accounts with all the major banks in

Best way to send money from Canada to Mexico

Best way to send money from Canada to Mexico

Sending money to Mexico is something you have to deal with regularly if you run a business within the country or if you have got family and friends who reside there. As an individual experienced in money transfers to Mexico, you almost certainly know that the money transfer charges vary