Digitalising the route of remittances will help Africa’s recovery
Within the continent’s gloomy pandemic narrative, the formidable resilience of remittance flows into African markets is a shining light
28 October 2020 - 05:05
With the majority of African countries now facing steep economic activity declines in the devastating wake of Covid-19, the next few years will likely test the financial resilience of families and communities in new and severe ways.
Across the continent, where tourism and hospitality have come to a grinding halt, thousands of jobs have been lost in both the formal and informal sectors. Within this gloomy narrative, a shining light has been the formidable resilience of remittance flows into African markets after the initial shock of the pandemic and national lockdowns. ..
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