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
01:27
Ukrainian diplomat calls on Africa to support Kyiv against Moscow
Go to video
IMF agrees $1bn loan to cash-strapped Kenya
Go to video
Gum arabic threatened by the war in Sudan
02:18
Ghana welcomes IMF $3bn bail out package to ease economic hardship in the country
01:19
IMF approves $3bn loan to Ghana
Go to video
Top 10 Guinness World Records held by Africans