Business Africa
Remittance service providers should be classified as essential in times of crisis.
This is the International Fund for Agricultural Development’s plea to governments around the world as International Day of Remittances to Families was marked on June 16.
But there has been a slowdown in remittances due to the coronavirus pandemic this year, yet in 2019, the UN reported remittances surpassed foreign direct investment as the main source of capital inflows to developing countries
Details with William BAYIHA and Eric OTENG
01:14
Cholera surges globally as vaccine shortfalls and poverty fuel resurgence
Go to video
Nigeria, South Africa removed from global money-laundering watchlist
02:03
Africa’s freshwater fish under threat as stocks decline
Go to video
US federal government enters shutdown, raising fears of global uncertainty
00:57
South Africa: state-owned utility Eskom makes first profit in eight years
01:12
White House says Trump supports renewal of African trade initiative due to expire