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Will remittance trends from 2022 in Cameroon continue in 2023?




Byline: Imane Charioui, Director of Francophone Africa & Middle East,  WorldRemit

DOUALA, Cameroon, 8 December, 2022,-/African Media Agency (AMA)/- Over the recent years, remittances have continued to be a vital source of foreign income in many developing countries across Sub – Saharan Africa. Remittance inflows in the continent increased by 14.1 percent to $49 billion in 2021 despite the adverse global economic environment1.

In Cameroon, money transfers from migrants overseas have been crucial in enabling thousands of households to access good healthcare services, quality education and provide food for their families.

This comes at a time when an estimated 40 percent of Cameroon’s 27.2 million people live below the poverty line. With 3.9 million people in need of humanitarian assistance, remittances in the country have helped accelerate poverty reduction2.

In 2022, total remittances sent to Cameroon via WorldRemit were GBP 75 million, buoyed by the rapid uptake of digital remittance technologies worldwide following the COVID-19 pandemic3.

According to the latest 2022 year-in-review by World Bank, remittances in Sub-Saharan Africa grew an estimated 5.2% to $53 billion in 2022, compared with 16.4% last year. However, in 2023, remittances are projected to soften to 3.9% growth as many nations face adverse conditions in the global and regional environments4.

All eyes are now on what 2023 will bring for millions of families dependent on remittances each year with the widespread efforts to increase COVID-19 vaccination rates and stabilise the country’s economy.

With these factors in mind, remittance expert Imane Charioui, Director of Francophone Africa & Middle East WorldRemit, shares her top market trends for 2022 and beyond.

Remittance growth continues

As the preference for digital tools and services to conduct money transfers increases, digital remittances will continue to grow steadily throughout 2023.

This shift towards digital, deeply accentuated by the pandemic, is predicted to continue as many tech-savvy customers opt for affordability and greater convenience.

Safety comes first

It is predicted that money transfer companies will continue to prioritise safety measures above all else. For international markets that enable migrants to send money, more companies will integrate additional features that allow them to validate the identification of their customers, from phones’ IP addresses to the validation of identity documents.

On the receiving side, WorldRemit supports Cameroon by providing bank a robust network of cash pick-up locations with our partners for greater convenience and accessibility. All connections through our website and mobile app are secure and encrypted. We have also built a sophisticated automated machine-learning system for fraud detection.

Speed will continue to be of the essence

Even though some customers are used to waiting hours or even days for a bank wire transfer to arrive at its destination, expectations for the speed of money transfer apps and platforms are the opposite. With new advancements across the digital landscape, users expect money to be sent and received in minutes.

To deliver the best and quickest customer experience, companies will continue to invest in enhancing their technologies. Hence, data exchange with financial institutions is more seamless, and the flow of remittances is uninterrupted.

Our technology at WorldRemit allows 90% of transfers to be ready within minutes5.

Money transfer services that work with API technology, which generates the confirmation that the receiving account or wallet is ready to receive the money, will be able to ensure transfers are completed almost in real-time. In addition, increased communication and tracking features will be integrated globally for users’ peace of mind.

The simpler, the better

Companies will focus on making things as simple as possible, with a strong tendency to decrease the number of steps in each money transfer – from downloading the application and creating the user profile to adding the beneficiary. The trend toward more efficiency and effectiveness will ensure sending and receiving money becomes as easy as sending a text.

Digital remittances eliminate the need to go to a fixed payment point, saving users time and money. Living in the uncertainties of a pandemic, senders and receivers prioritize safety and look for a simple, straightforward solution for their transactions.

In Cameroon, technology has gained a more prominent role in people’s lives, and money transfers have been no exception. A relatively new industry about ten years ago, digital money transfers and remittances are not only here to stay, but they are also slowly becoming the method of choice for customers by proving that they’re just as safe as a bank transfer and much faster, cheaper, and more convenient.

Distributed by African Media Agency (AMA) on behalf of WorldRemit.

Notes to Editors:

1.   Business Insider Africa. 10 African countries that receive the highest remittance inflows, according to latest stats. June 2022

2.   World Food Programme. World Food Program country brief. July 2022

3.   African Media Agency. WorldRemit’s Fintech is transforming lives in rural Cameroon. September 2022

4.   World Bank.Remittances Grow 5% in 2022, Despite Global Headwinds. November 2022

5.   WorldRemit. How it Works: Bank Transfer. 

About WorldRemit

We’re a leading global payments company and, along with Sendwave, part of Zepz, a group powering two global payments brands.

We disrupted an industry previously dominated by offline legacy players by taking international money transfers online – making them safer, faster and lower-cost. We currently send from 50 countries to recipients in 130 countries, operate in more than 5,000 money transfer corridors worldwide and employ over 1,200 people globally.

On the sending side WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, the company offers a wide range of options including bank deposit, cash collection, mobile airtime top-up and mobile money.

Backed by Accel, TCV and Leapfrog – WorldRemit’s headquarters are in London, United Kingdom with regional offices in the United States, Poland, Canada, Australia, Hong Kong, Singapore, Malaysia, the Philippines, South Africa, Somaliland, Uganda, Kenya, Rwanda, Tanzania, Zimbabwe and Belgium.

Media Contact

WorldRemit Press Office

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La Guinée équatoriale confirme huit nouveaux cas de Marburg




OMS – La Guinée équatoriale confirme huit nouveaux cas de Marburg (archives)

New York, USA, le 24 Mars, 2023/African Media Agency(AMA)/La Guinée équatoriale a confirmé huit nouveaux cas de Marburg, portant à neuf le nombre de cas confirmés depuis que l’épidémie de fièvre hémorragique virale a été déclarée le 13 février dernier dans ce pays d’Afrique centrale.

Selon l’Organisation mondiale de la santé (OMS), les nouveaux cas ont été confirmés à la suite de l’analyse en laboratoire d’échantillons supplémentaires. Les nouveaux cas ont été signalés dans les provinces de Kie Ntem, à l’est, de Littoral, à l’ouest du pays, et de Centro Sur, qui ont toutes des frontières internationales avec le Cameroun et le Gabon.

Les zones où des cas ont été signalés sont distantes d’environ 150 kilomètres les unes des autres, ce qui laisse supposer une transmission plus large du virus. À ce jour, on dénombre 20 cas probables et 20 décès.

« La confirmation de ces nouveaux cas est un signal essentiel pour intensifier les efforts de riposte afin d’arrêter rapidement la chaîne de transmission et d’éviter une épidémie à grande échelle et des pertes en vies humaines », a déclaré dans un communiqué, la Dre Matshidiso Moeti, Directrice régionale de l’Organisation mondiale de la Santé (OMS) pour l’Afrique. « La maladie de Marburg est très virulente, mais elle peut être contrôlée et arrêtée efficacement en déployant rapidement un large éventail de mesures d’intervention en cas d’épidémie ».

Des experts supplémentaires de l’OMS déployés dans les prochains jours

L’OMS collabore avec les autorités nationales pour renforcer les mesures d’intervention d’urgence en améliorant la surveillance de la maladie, le dépistage, les soins cliniques, la prévention et le contrôle des infections, ainsi qu’en menant des enquêtes épidémiologiques supplémentaires et en renforçant la sensibilisation du public pour aider à freiner la propagation de l’infection.

Des experts supplémentaires de l’OMS en épidémiologie, logistique, opérations sanitaires et en prévention et contrôle des infections seront déployés dans les prochains jours. L’agence onusienne aide également les autorités sanitaires des pays voisins, le Cameroun et le Gabon, à renforcer la préparation et la riposte à l’épidémie.

A noter qu’il n’existe pas de vaccins ou de traitements antiviraux approuvés pour traiter le virus. Toutefois, les soins de soutien – réhydratation par voie orale ou intraveineuse – et le traitement des symptômes spécifiques améliorent les chances de survie.

La maladie de Marburg est transmise aux humains par des chauve-souris frugivores et se propage parmi les humains par contact direct avec des fluides corporels de personnes infectées, des surfaces et des objets contaminés. La maladie est très virulente et provoque une fièvre hémorragique dont le taux de mortalité peut atteindre 88%. Le virus appartient à la même famille que celui responsable de la maladie à virus Ebola.

Distribué par  African Media Agency pour Onu Info

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Bybit Goes Live With ARB Token and a $400K Prize Pool




DUBAI, United Arab Emirates, 24 March 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, is proud to list the Arbitrum (ARB) token — along with a massive prize pool of $400K to celebrate. Today, users will be able to deposit ARB and trade newly created ARB spot pairs, perpetual contracts, and trading bot pairs.  

Arbitrum is the biggest player in Ethereum’s layer 2 scaling landscape, designed to boost Ethereum’s speed and scalability while adding additional privacy features. The release of ARB (which includes “airdropping” 12.75% of the entire supply to the chain’s early users) is one of the most highly-anticipated events in the cryptocurrency industry this year. 

To celebrate this occasion, Bybit has launched a series of campaigns that offers ARB traders a chance to win part of its massive $400K prize pool. 

Firstly, all users who deposit 250 ARB will receive a gift of 25 USDT, and new users who have used the Arbitrum-native trading platform GMX, can claim a further 0.5 GMX with a deposit of 500 ARB. Also, Bybit’s official Twitter account will be giving away GMX and USDT in a lucky draw to 400 users who like or retweet its tweets, or follow the official Twitter account.

Bybit offers a range of trading bots, which allow users to automate strategies, backtest them, and trade the markets 24/7. Their bots are easy to configure, so even beginners can benefit from automated trading. 

As part of the ARB celebration, users who trade ARB via Bybit’s spot grid bots will share in a $20K prize pool. Another launchpool campaign for ARB subscribers will unlock a total of $150K in rewards. Finally, a high APY ARB fixed-term product is available via Bybit Earn, allowing traders to earn even more rewards from their investments. 

“At Bybit, we recognize our responsibility to provide forward-thinking opportunities for our users and lead the way in supporting the proliferation of cryptocurrency and blockchain technology,” said Ben Zhou co-founder and CEO of Bybit. “I am delighted to see that we are offering an ARB token listing, which promises unique rewards for those who make use of it. We are eager to see how our users leverage this powerful new asset and await their feedback with enthusiasm.”

Further Information and Resources

Distributed by African Media Agency (AMA) on behalf of Bybit.

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance,, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

For updates, please follow Bybit’s social media platforms on

For media enquiries, please contact:

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African Media Agency and On Time join forces to launch the first women-owned lusophone press release distribution service in Africa




LUANDA, Angola, 23 March 2023, /African Media Agency/- African Media Agency (AMA), a leading Pan-African communications and media relations firm, and On Time, a public relations and marketing agency based in Angola, are pleased to announce the launch of the first women-owned lusophone press release distribution service in Africa.

This partnership will leverage the strengths of both companies to provide a unique and comprehensive press release distribution service to clients operating in the lusophone market. The new service will provide businesses, organizations, and individuals an integrated and comprehensive solution for distributing press releases in Portuguese to media outlets across Angola, Mozambique, Cape Verde, Guinea-Bissau, and São Tome and Principe.

The lusophone region is growing economically and has significant potential for investment and trade. According to the World Bank, this African region has shown significant economic dynamism in recent years, with a GDP growth rate of 2.8% in 2021 despite the challenges posed by the COVID-19 pandemic. This growth is driven by various sectors such as energy, tourism, agriculture, and the service industry, making it an attractive destination for investors and entrepreneurs.

“We believe in the power of collaboration and are thrilled to partner with On Time to launch this groundbreaking lusophone press release distribution service in Africa,” said Eloïne Barry, CEO of AMA. “As this region continues to experience economic dynamism, this new service will provide businesses and organizations with the necessary communications support to effectively reach their target audiences across the region.”

The partnership will see the two agencies bolster their media network to over five thousand journalists in their database, including noteworthy media from Mozambique, Angola, Cape Verde, Guinea-Bissau and São Tome and Principe. As the first women-owned lusophone platform for press release distribution service in Africa, this partnership also aims to promote gender equality in the African media industry and empower women entrepreneurs in the region. 

“We are excited to join forces with African Media Agency to launch this important initiative” said Carolina Barros, CEO of On Time. “It’s a complementary part of the PR service we use to provide to clients. We believe that this service will increase visibility for businesses and organizations operating in the Lusophone market and contribute to the development of the media industry in the region.”

For more information on this partnership and the services offered, please visit | 

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