Sub-Saharan Africa remittance flows dip slightly in 2023; expected to rebound in 2024
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Remittance flows to Sub-Saharan Africa reached $54 billion in 2023, a slight decrease of 0.3%. According to the World Bank’s latest Migration and Development Brief, despite this decline, remittances remain a critical lifeline for millions across the region, supporting families, funding education and healthcare, and bolstering local economies. ”The World Bank projects a modest rebound […]