A new report from World Bank released today draws the connection between African migration, and the resultant need for payment remittances which in turn generates economic benefits for local economies.
African migration generates win-win benefits, says new report | World Bank
The report, Leveraging Migration for Africa: Remittances, Skills, and Investments, presents data from new surveys. The report finds evidence that suggest migration and remittances reduce poverty in the origin communities. Remittances lead to increased investments in health, education, and housing in Africa. Diasporas also provide capital, trade, knowledge, and technology transfers.
Leveraging Migration for Africa: Report (pdfs)

2 thoughts on “Leveraging Migration for Africa: Remittances, Skills, and Investments | World Bank”
Comments are closed.