{"id":16965,"date":"2026-07-14T16:02:33","date_gmt":"2026-07-14T14:02:33","guid":{"rendered":"https:\/\/fa-se.de\/?p=16965"},"modified":"2026-07-14T16:02:33","modified_gmt":"2026-07-14T14:02:33","slug":"baluwo","status":"publish","type":"post","link":"https:\/\/fa-se.de\/en\/projects\/finalised\/baluwo\/","title":{"rendered":"baluwo"},"content":{"rendered":"\t<div id=\"gap-1596255008\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1596255008 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n<h2><span data-text-color=\"success\"><b>THE ALL-IN-ONE APP FOR MIGRANTS<\/b><\/span><\/h2>\n\t<div id=\"gap-1097597895\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1097597895 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n<h3 style=\"text-align: left;\" data-rm-block-id=\"block-4\"><span data-text-color=\"primary\">Societal Challenge &amp; Market<\/span><\/h3>\n<h5>Financial transfers from migrant workers in Europe and the US to their families and friends in their home countries are vital for improving the living conditions of recipients. According to the World Bank&#8217;s data, over 4 million African expatriate workers remitted more than $40 billion to their home countries in 2022. However, these transfers face numerous challenges: Remittance services often charge high fees, averaging around 10% of the transfer amount, which reduces the money received by the beneficiaries. Migrants often have little control over how the remitted money is spent by recipients, which can lead to conflicts and frustration if funds are not used as intended. Furthermore, many recipients in West Africa have limited or no access to formal banking services, making it difficult for them to receive money transfers. Further challenges are fluctuating currency exchange rates, technology barriers, and significant fraud and security issues.<\/h5>\n<div class=\"is-divider divider clearfix\" ><\/div>\n<h3 style=\"text-align: left;\" data-rm-block-id=\"block-7\"><span data-text-color=\"primary\">Solution<\/span><\/h3>\n<h5><a href=\"https:\/\/baluwo.com\/\" target=\"_blank\" rel=\"noopener\">baluwo<\/a> offers an all-in-one app designed for African migrants in Europe and the US, enabling them to send money or goods and commodities to their friends and families in Africa easily, instantly, and securely. Named after the Mandingo term for &#8220;basic things to survive,&#8221; migrants can directly purchase essential items and services for their families, instead of only sending money, ensuring that funds are used as intended. Users can purchase food, pay for electricity, recharge mobile phones, acquire construction materials, and settle bills. The company operates in 17 West-African countries, such as Gambia, Senegal and Mali. There, local teams have established partnerships, provide support, and maintain exclusive connections. With over 8,000 daily transactions and more than 9 million transactions until end of 2023, Baluwo upholds its motto: &#8220;Connecting African Families.&#8221;<\/h5>\n\t<div id=\"gap-370472184\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-370472184 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n","protected":false},"excerpt":{"rendered":"<p>THE ALL-IN-ONE APP FOR MIGRANTS Societal Challenge &amp; Market Financial transfers from migrant workers in Europe and the US to their families and friends in their home countries are vital [&#8230;]\n","protected":false},"author":15,"featured_media":16967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":12,"footnotes":""},"categories":[162,163],"tags":[],"class_list":["post-16965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finalised","category-projects"],"_links":{"self":[{"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/posts\/16965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/comments?post=16965"}],"version-history":[{"count":2,"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/posts\/16965\/revisions"}],"predecessor-version":[{"id":16969,"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/posts\/16965\/revisions\/16969"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/media\/16967"}],"wp:attachment":[{"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/media?parent=16965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/categories?post=16965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fa-se.de\/en\/wp-json\/wp\/v2\/tags?post=16965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}