Top Remittance Receiving African Countries 2022

KOLKATA, India - June 21, 2022 - PRLog -- Sending money to and from North Africa for the year 2022 will settle at a steady 6% rise, with the world slowly rolling back to normal after the pandemic and the geopolitical issues persisting in today's world.

The World Bank recently came out with a solid report titled 'Migration and Development Brief' that gives a detailed representation of all the necessary predictions and trends. The highly informative report highlights a series of predictions for the remittance industry.

North Africa saw a growth of 7.6% in 2021, with countries such as Morocco (40%) and Egypt (6.4%) leading the way.

Sub-Saharan African countries saw a massive growth of 14.1% in the year 2021-2022. Here is a look at the top 10 remittance-receiving African countries for the financial year 2021:-

1. Ghana: $4.5 billion
2. Kenya: $3.7 billion
3. Senegal: $2.7 billion
4. Zimbabwe: $2.0 billion
5. Democratic Republic of Congo: $1.3 billion
6. Uganda: $1.1 billion
7. Mali: $1.1 billion
8. South Africa: $900 million
9. Togo: $700 million
10. Nigeria: $19.2 billion

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