{"id":61647,"date":"2022-06-26T16:48:07","date_gmt":"2022-06-26T14:48:07","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report"},"modified":"2022-06-26T19:05:54","modified_gmt":"2022-06-26T17:05:54","slug":"about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report","title":{"rendered":"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in personal remittances are sent to Africa every year.<\/p>\n

The figure is nearly double the continent\u2019s foreign direct investment (FDI) flow of USD$46bn.<\/p>\n

Personal remittances to almost all African countries are also more than the official development assistance they receive.<\/p>\n

It is estimated that three-quarters of remittances are used to cover essential things including food, medical expenses, school fees or housing expenses as well as loss of crops or family emergencies.<\/p>\n

Imane Charioui, Head of North and Central Africa and the Middle East, WorldRemit says statistics show that remittances are a real contributor to development.<\/p>\n

WorldRemit is a financial services company that enables people to send money from the United Kingdom to Africa, Asia and other parts of the world.<\/p>\n

Charioui says WorldRemit is proud to support the critical role of remittances by providing a quick and convenient way of transferring money amongst more than 130 countries and in over 70 currencies. Imane Charioui said:<\/p>\n

Migrants send money home not only to help address the financial situation of their families but it helps them maintain long-distance household ties with people back at home.<\/p>\n

Remittances give senders a sense of belonging and a way of showing solidarity and maintaining identity with the community, the true African spirit.<\/p>\n

Imane Charioui added that WorldRemit continues to invest in technologies that optimise its service in a bid to actualise its founding objective of improving people\u2019s lives.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in personal remittances are sent to Africa every year. The figure is nearly double the continent\u2019s foreign direct investment (FDI) flow of USD$46bn. Personal remittances to almost all African countries are also more than the […]<\/p>\n","protected":false},"author":84,"featured_media":61646,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,35,15],"tags":[1493,2189,10237,19],"class_list":["post-61647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zimbabwe-2","tag-worldremit","tag-zimbabwe"],"yoast_head":"\nAbout US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in p ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report\" \/>\n<meta property=\"og:description\" content=\"The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in p ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-26T14:48:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-26T17:05:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report\",\"datePublished\":\"2022-06-26T14:48:07+00:00\",\"dateModified\":\"2022-06-26T17:05:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report\"},\"wordCount\":276,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"WorldRemit\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report\",\"name\":\"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg\",\"datePublished\":\"2022-06-26T14:48:07+00:00\",\"dateModified\":\"2022-06-26T17:05:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in p ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg\",\"width\":1200,\"height\":600,\"caption\":\"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report - zimbabwe","description":"The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in p ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report","og_locale":"en_US","og_type":"article","og_title":"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report","og_description":"The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in p ...","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report","og_site_name":"zimbabwe","article_published_time":"2022-06-26T14:48:07+00:00","article_modified_time":"2022-06-26T17:05:54+00:00","og_image":[{"width":1200,"height":600,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report","datePublished":"2022-06-26T14:48:07+00:00","dateModified":"2022-06-26T17:05:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report"},"wordCount":276,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg","keywords":["Africa Press","Africa Press-Zimbabwe","WorldRemit","Zimbabwe"],"articleSection":["all news","community","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report","name":"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg","datePublished":"2022-06-26T14:48:07+00:00","dateModified":"2022-06-26T17:05:54+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Africa Report says COVID-19 shows Africa must reduce its dependence on personal remittances as about USD$82.7bn in p ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_23-62b891ddc530b.jpg","width":1200,"height":600,"caption":"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/about-us82-7bn-personal-remittances-sent-to-africa-yearly-almost-double-fdi-report#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"About US$82.7Bn Personal Remittances Sent To Africa Yearly, Almost Double FDI \u2013 Report"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts\/61647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/comments?post=61647"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts\/61647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/media\/61646"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/media?parent=61647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/categories?post=61647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/tags?post=61647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}