In 2023, remittances to Africa reached $100 billion, surpassing both foreign aid and direct investment. This highlights the growing importance of diaspora contributions to African economies. However, barriers such as high transaction costs, regulatory hurdles, and inefficient financial systems limit the potential impact of these remittances. Countries like Egypt, Nigeria, and Ghana are leading, while… Read More »Remittances in Africa: A Vital Lifeline Amid Economic and Systemic Challenges”
