In our latest podcast, Edward Obiko, Senior Manager, MSC, discusses with Anup Singh, MSC Africa Regional Director, and Richard Jabel, CEO of the Agent Banking Company, the vast opportunity to lend to cash-in cash-out (CICO) agents. Investors have an attractive opportunity to lend USD 0.5-1 billion to agents in nine diverse low- and middle-income countries (LMIC), such as Bangladesh, Côte d’Ivoire, Ghana, India, Indonesia, Kenya, Nigeria, Senegal, and Uganda. This credit market is expected to grow to USD 1.2-2.3 billion by 2027.
