By James Butty

It is estimated that remittances to and within Africa total $40 billion dollars a year. But only a few money transfer operators have a monopoly in processing these remittances.

So how can remittance senders in the African Diaspora get more value for their money? 

Senegal-born Ogo Sow, communications advisor on Diaspora Affairs for the US-based Africa Travel Association said the solution lies in the setting up of an African immigrant bank.