Project Developer, Remittances
Procurement Process : IC – Individual contractor
Office : UNDP COUNTRY OFFICE – SOUTH AFRICA
Deadline : 03-Jul-20
Development Area : CONSULTANTS
Reference Number : 67273
Link to Atlas Project :
Non-UNDP Project
Documents :
PROCUREMENT NOTICE
TERMS OF REFERENCES
Confirmation of Interest and Submission of Financial Proposal
IC TERMS AND CONDITIONS

Overview :

One of the fundamental challenges that threaten remittances to Africa is the high transaction cost averaging 9.4 % for sending $200 in comparison to a global average of 5% for the same amount. Getting the price of remittances to Africa down to the average cost (in line with SDG indicator 10.c ) could save $1.8bn each year, which could potentially be redirected  to the social, economic and environmental development of the diaspora’s home country’s efforts to contain the multi-dimensional impact of COVID-19.

The project developer is therefor required to the development of a full-fledged project that will improve the conditions for sending remittances to Sub-saharan Africa.

(detailed terms of references can be found on th attachments).