- Leveraging Migration for Africa: Remittances, Skills, and Investments - Full Report2.97 MB
- Leveraging Migration for Africa: Remittances, Skills, and Investments – Intro and Summary only0.21 MB
With about 30-million Africans living outside their home countries, migration is a vital lifeline for the continent. Yet African governments need to do more to realize the full economic benefits of the phenomenon, says a new report by the African Development Bank and the World Bank.
The report titled “Leveraging Migration for Africa: Remittances, Skills and Investments” presents data from new surveys. It finds evidence that suggests 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.
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