Tag: Diaspora Finance

In 2023, the African diaspora sent US$90 billion in remittances, matching Official Development Assistance (ODA) and double the amount of Foreign Direct Investment, according to World Bank data.

Migrant Remittances and Diaspora Finance are Vital for Sub-Saharan Africa

December 7, 2024 ComMattersKenya.Com No Comments

By Khalifa Hemed Published December 7, 2024 Two new reports shedding light on the transformative role of money sent home by migrant workers have been …

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