Tag: World Bank

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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Akinwumi Adesina, President of the African Development Bank (AfDB), says all the continent 'needs to do is to harness the available technologies with the right policies and rapidly raise agricultural productivity and incomes for farmers, and assure lower food prices for consumers'.

How to Turn Africa into the Breadbasket of the World

August 10, 2018February 25, 2019 ComMattersKenya.Com No Comments

By Abdi Ali Published August 10, 2018 Africa has no reason to continue spending US$35 Billion annually on food importation. Akinwumi Adesina, President of the …

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