Afriset Fintech

How do cross-border remittance licences map across African markets?

Cross-border remittance is licensed under 23 local licence categories across 22 African markets — each normalized to the same canonical activity, so a licence in one market maps to its equivalent in another. Each market's local category name, regulator and source is below; local scope still differs, so the mapping is at the activity level, not word-for-word.

Regulators name this licence differently market by market: Remittance in Rwanda, Établissement de paiement (Payment institution) in Tunisia, Instituição de transferência de fundos (Funds-transfer institution) in Mozambique, Money Remittance Provider in Kenya, plus 18 more in the table below. The same authorization is asked about under other names too: money transfer or MTO/IMTO.

Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04 · changed 2026-08-04.

“Cross-border remittance” here is the normalized activity: Provide inbound/outbound cross-border money transfer / remittance services under a dedicated licence, approval or registration (IMTO/MRP/MTSP/ADLA-type).

Activity id (as used by the Afriset MCP): fintech:REMITTANCE_XBORDER

Market Local licence category Regulator Licensed More
Ghana International Money Transfer Operator Bank of Ghana 1 who's licensed
Kenya Money Remittance Provider Central Bank of Kenya 36 who's licensed
Nigeria International Money Transfer Operators (IMTO) Central Bank of Nigeria 108 who's licensed
Rwanda Remittance National Bank of Rwanda 16 who's licensed
Tanzania Money Transfer Service Provider Bank of Tanzania 6 who's licensed
Uganda Money Remittance Operator Bank of Uganda 103 who's licensed
South Africa Authorised Dealer in foreign exchange with Limited Authority - Category 3 South African Reserve Bank 13 who's licensed
Zambia Money Transfer Service Provider Bank of Zambia 6 who's licensed
Ethiopia Money Remittance/Transfer Agency National Bank of Ethiopia 67 who's licensed
Zimbabwe Authorised Dealer with Limited Authority - Tier 1 Reserve Bank of Zimbabwe 25 who's licensed
Zimbabwe Authorised Dealer with Limited Authority - Tier 2 Reserve Bank of Zimbabwe 26 who's licensed
Morocco Établissement de paiement spécialisé, exclusivement, en matière de transfert de fonds Bank Al-Maghrib 2 who's licensed
DR Congo Messagerie financière Banque Centrale du Congo 82 who's licensed
Mozambique Instituição de transferência de fundos Banco de Moçambique 1 who's licensed
Angola Casa de câmbio autorizada a exercer actividade de remessa de valores Banco Nacional de Angola 22 who's licensed
Lesotho Foreign Exchange Bureau and Money Transfer Central Bank of Lesotho 2 who's licensed
Botswana Non-Account Based Payment Services (Money Remittance Service) Bank of Botswana 7 who's licensed
Malawi Money Service Provider (Money Transfer Agent) Reserve Bank of Malawi 13 who's licensed
Tunisia Établissement de paiement Banque Centrale de Tunisie 7 who's licensed
Somalia Money Transfer Business Central Bank of Somalia 17 who's licensed
Burundi Établissement de paiement de transmission de fonds à l'international Banque de la République du Burundi 10 who's licensed
Djibouti Auxiliaire financier Banque Centrale de Djibouti 19 who's licensed
Seychelles Payment service provider Central Bank of Seychelles 4 who's licensed

Why the mapping isn't word-for-word

Each regulator names and scopes its categories differently — that's exactly why Afriset normalizes them to canonical activities. Equivalence here is at the activity level: these are the licence categories in each market mapped to the same normalized activity. Local scope differences (caps, tiers, permitted operations) are recorded on each category's register page.

Related

All questions →