Tag Archives: Remittances

Breakdown: Staggering Amount Of Money Sent Back Home As Remittances By Africans Abroad

WakeUpAfrica analysis of World Bank data shows that a staggering $41 Billion was sent to sub-Saharan Africa, as remittances in 2017. This figure represents a 10% jump in remittances from the previous year, the largest annual growth for any world region. The increase follows a decline in remittances to sub-Saharan Africa in 2016, when the region saw a 9% decrease

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