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Decline in remittances to Africa over Covid-19

Decline in remittances to Africa over Covid-19

The Morning Call

We take a look at strategic philanthropy within and from the world’s highest-growth markets, including Africa.

Over the last two decades, the amount remitted by migrants from Sub-Saharan Africa grew tenfold. From $4.8 billion in 2000 to $48 billion in 2018 according to the world bank. But now there is a decline in light of the Covid-19 pandemic. Africans are affected, as families in the diaspora are sending less and less money to the continent.

For more on this is BADR HAMID JAFAR

@jerrybambi1

The Morning Call

The Morning Call is about you. We want to share your opinions on our programme. If you want to contribute to The Morning Call, here are the best ways to get in touch : For more details on how to contribute, click here.

The Morning Call

The Morning Call is about you. We want to share your opinions on our programme. If you want to contribute to The Morning Call, here are the best ways to get in touch : For more details on how to contribute, click here.