The Best 8 Money Transfer Apps to Africa in 2024

When it comes to sending money to Africa, it's important to be cautious of some remittance companies and currency exchangers that operate on black markets. To ensure a safe and transparent transaction, it's best to use trusted and regulated apps, which also offer much cheaper and more transparent rates.

Our top 8 recommendations come from trusted data from Monito's comparison engine, and best apply to the countries on the continent that receive the most international money transfers, including Nigeria, Ghana, Morocco, Kenya, South Africa, Tunisia, Algeria, Egypt, Uganda, Cameroon, Cote d'Ivoire (Ivory Coast), Benin, Tanzania, Madagascar, and Senegal.

According to our research, Remitly and WorldRemit are the two clear frontrunners, offering the best deals in Africa. TransferGo also stands out as a good 3rd place runner up.

1 — Remitly

Remitly is a reputable and dependable choice for those seeking a secure, fast, and cost-effective money transfer experience. With an excellent Monito score, it consistently stands out in the industry for providing some of the lowest exchange rates for international money transfers worldwide. With a wide network of locations, it is also one of the best options available for sending cash pick-ups to Africa.

According to data compiled by Monito over the last 12 months, Remitly ranked as the top-performing app for sending money to Africa, as it offered the most affordable option for 25.9% of all searches for transfers to the continent using our comparison engine.

More info: read our in-depth Remitly review.

Remitly is often the best choice when sending transfers to the following:

• To Morocco;
• To Ghana;
• To Tunisia;
• To Kenya;
• To Nigeria;
• To South Africa;
• To Algeria;
• To Egypt.

2 — WorldRemit

WorldRemit provides an extensive international money transfer service that offers a vast network of cash pickup locations, providing convenience to recipients. With multiple options available for sending and receiving money, including bank transfers, cash pickups, mobile money, and airtime top-ups, WorldRemit offers flexibility and convenience.

Monito's data from the past 12 months showed that WorldRemit ranked as the second-best overall money transfer app for Africa, with it being the cheapest option for 20.5% of all searches conducted for transfers to Africa on Monito's comparison engine. We highly recommend their service for affordable cash pickups.

More info: read our in-depth WorldRemit review.

WorldRemit is an excellent choice as a money transfer app to these countries:

• To Nigeria;
• To Ghana;
• To Morocco;
• To Kenya;
• To Cameroon;
• To Cote d'Ivoire;
• To Benin;
• To Tunisia.

3 — TransferGo

TransferGo has established itself as a reliable platform for affordable international money transfers, with a particular focus on providing low exchange rates from Eurozone countries. The platform also offers a variety of convenient pay-in and pay-out options for added ease of use.

Based on Monito's data from the past 12 months, TransferGo ranked as the third best overall app for sending money to Africa. It was identified as the most cost-effective option for 9.3% of all searches conducted on our comparison engine for transfers to Africa (and especially Algeria).

More info: read our in-depth TransferGo review.

TransferGo ranks well for transfers sent to these African countries:

• To Nigeria;
• To Algeria;
• To Ghana;
• To Angola;
• To Morocco;
• To Namibia.

4 — Wise

Wise is a highly recommended service for international money transfers, particularly for small to medium amounts. It stands out for using the mid-market exchange rate, ensuring that customers receive a fair and transparent exchange rate.

According to Monito's analysis of the past 12 months, Wise was ranked fourth among the best money transfer apps to Africa, offering the cheapest transfer option for 8.4% of searches on our comparison engine. We recommend Wise for customers who value transparency and fairness in their money transfers.

More info: read our in-depth Wise review.

Wise is competitive for transfers to the following:

• To Kenya;
• To Ghana;
• To South Africa;
• To Egypt;
• To Morocco;
• To Zambia;
• To Uganda;
• To Tanzania;
• To Botswana.

5 — Instarem

Instarem is a great choice for those looking to send money to Africa, thanks to its competitive exchange rates and reasonable fees. The platform is also user-friendly, making it easy to navigate and use. Additionally, Instarem's transfers are quick, with funds often arriving to the recipient within a day.

Based on Monito's data in the past 12 months, Instarem was the most affordable option for 5.6% of all searches for transfers to Africa conducted with Monito's comparison engine. We highly recommend using Instarem for sending money to Nigeria, as it was ranked as the best overall app for transfers to that specific country.

More info: read our in-depth Instarem review.

Instarem is generally the best money transfer app to this one country:

• To Nigeria.

6 — MoneyGram

MoneyGram is a reliable option for cash pick-up, although its pricing can be unclear and less competitive for bank transfers. MoneyGram is usually competitive from the Anglosphere, including Canada and the United States.

Based on Monito's data in the past 12 months, MoneyGram ranked 6th among the best apps to send money to Africa, with the cheapest rates available for 5.5% of searches made for transfers to Africa using our comparison engine. We suggest conducting a search on our comparison engine before selecting MoneyGram for your transfer.

More info: read our in-depth MoneyGram review.

MoneyGram can be sometimes competitive for transfers:

• To Ghana;
• To Angola.

7 — XE Money Transfer

XE Money Transfer is a reputable platform, backed by Euronet Worldwide that prioritizes the security of its users' money. With fast processing times, most transactions are completed within a single working day. XE Money Transfer has received glowing feedback from its satisfied customers.

According to Monito's data over the past 12 months, XE Money Transfer is the 7th best app for transferring money to Africa, offering the lowest costs for 5.0% of all searches conducted using Monito's comparison engine. It's a good choice when sending money to South Africa.

More info: read our in-depth XE Money Transfer review.

XE Money Transfer can be a viable option for these transfers:

• To Morocco;
• To Cape Verde;
• To South Africa;
• To Namibia.

8 — Skrill

Skrill is a major player in the global money transfer industry, offering support for a variety of countries and currencies. Customers can make international transfers using debit or credit cards, which has received positive feedback.

Monito's data from the past 12 months shows that Skrill was among the competitive options for 4.3% of all searches for transfers to Africa on Monito's comparison engine. It's a good choice for transfers originating from the United Arab Emirates or Saudi Arabia and for sending money to Kenya.

More info: read our in-depth Skrill review.

Skrill does not usually rank among the best money transfer apps to Africa. However, it does offer competitive rates for some specific sending countries and receiving countries. We list these corridor-specific recommendations below:

• From the United Arab Emirates;
• From Saudi Arabia;
• To Kenya.

Money Transfer Apps to Africa: Our Top App Picks For 2024

The money transfer apps we have discussed in this guide offer more value for your money compared to traditional banks, as they charge low fixed fees and competitive exchange rate margins. We have also assessed these providers for transparency, service quality, fees, and customer satisfaction, giving you the assurance that you can make an informed decision.

Using international money transfer apps to the continent has never been easier thanks to these top 8 ranked providers:

1. Remitly;
2. WorldRemit;
3. TransferGo;
4. Wise;
5. Instarem;
6. MoneyGram;
7. XE Money Transfer;
8. Skrill.

Best Money Transfer App to Africa By Sending Country

Here is a list of the best money transfer apps to Africa in 2024, based on the country that is sending the transfer. To double-check before you send your remittance, feel free to run a search on our real-time comparison engine too:

1. Send from the United States: Remitly
2. Send from France: Remitly
3. Send from the United Kingdom: WorldRemit
4. Send from Germany: WorldRemit
5. Send from Canada: Remitly
6. Send from South Africa: WorldRemit
7. Send from Italy: Remitly
8. Send from Spain: Remitly
9. Send from Australia: Remitly
10. Send from Belgium: WorldRemit
11. Send from the United Arab Emirates: Skrill
12. Send from Turkey: Wise
13. Send from Switzerland: WorldRemit
14. Send from Portugal: TransferGo
15. Send from Poland: WorldRemit
16. Send from Saudi Arabia: Skrill

Best Money Transfer App to Africa By Receiving Country

Below are the best apps to use in 2024 to send money to Africa, based on the country that is receiving the transfer. We've gathered global data from the course of 2023 to give you the most accurate results we can:

1. Send to Nigeria: Instarem
2. Send to Ghana: Remitly
3. Send to Morocco: Remitly
4. Send to Kenya: Skrill
5. Send to South Africa: XE Money Transfer
6. Send to Tunisia: Remitly
7. Send to Algeria: TransferGo
8. Send to Egypt: Remitly
9. Send to Uganda: WorldRemit
10. Send to Cameroon: WorldRemit
11. Send to Cote d'Ivoire: WorldRemit
12. Send to Benin: WorldRemit
13. Send to Tanzania: Remitly
14. Send to Madagascar: Remitly
15. Send to Senegal: Remitly