How COVID-19 has impacted the remittance market in Africa

PUBLISHED: Tue, 01 Sep 2020 07:52:28 GMT


According to World Bank, remittances to low and middle-income countries are set to fall by 20 per cent to $445billion in 2020. Ismail Ahmed, Founder and Chairman of WorldRemit spoke with CNBC Africa on the broader trends on the continent’s remittance industry following COVID-19, which has led to the acceleration of digital technologies and cashless payments….

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