Why sending money in Africa is still broken in 2026

The average cost of sending $200 across Sub-Saharan Africa is 7.9% (World Bank, 2024). That's $15.80 gone before your family touches a single cent.

Compare that to sending money within Europe, average cost? Under 1%. Same technology era. Completely different reality.

Why the gap? Correspondent banking. Every international transfer touches 2–5 banks before arriving. Each one takes a cut. Each one adds a delay.

The result: A Tanzanian merchant paying a Nigerian supplier waits 3–5 business days and loses 8–10% to fees, exchange rates, and middlemen.

This isn't a technology problem. The technology to fix it has existed for years. It's an infrastructure problem. And infrastructure is exactly what's being built now.

That infrastructure? Stablecoin payment rails. And platforms like Nedapay are turning those rails into something anyone can use today.

start using Nedapay today.