African diaspora remittances down as a result of global conflict, crises
In 2023, Africans living abroad sent fewer funds home than they did in 2022, yet remittances are still 1.5 times greater than foreign direct investment flows on the continent. Here’s our analysis in infographics.
Last year, Africans received less money from their families abroad. In its latest Migration and Development Brief, published on 26 June, the World Bank (W reports a general drop in money transfers from the African diaspora to the continent. What’s behind it?
https://www.theafricareport.co....m/353725/african-dia
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