Tag: michael kent

SSA sees decline in remittances as COVID-19 bites

The World Bank estimates that the economic crisis brought about by the Covid-19 pandemic and resulting lock-downs across the world could lead to a 19.7 per cent drop in remittances. Michael Kent, Founder and CEO of Azimo joins CNBC Africa for more.

How COVID-19 impacts SSA remittances

The World Bank says it expects global remittances to drop by 20 percent this year, over the economic crisis brought about by shutdowns initiated to contain the COVID-19 pandemic. Michael Kent, Founder and CEO of Azimo joins CNBC Africa to discuss the implication for sub-Saharan Africa.
Advertisment