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JRC - Joint Research Centre (via Public) / Developing countries and pandemic recovery: report maps over 300 migrants' finance schemes

JRC - Joint Research Centre (via Public) / Developing countries and pandemic recovery: report maps over 300 migrants' finance schemes
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If The U.S. Won't Welcome Immigrant Entrepreneurs, Canada Stands Ready To Do So

While America makes foreign-born founders jump through hoops to start their companies, Canada has taken an alternate approach, as one of two dozen countries that are wooing entrepreneurs with startup visas set up in the past decade. ....

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Ugandan remittances decline but still are a lifeline for rural people

- The impact of the COVID-19 pandemic on the global economy and job security for Ugandan migrant workers around the world has reduced the amount of money. ....

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Ugandan remittances decline – New Business Ethiopia

Recent data from the May Migration and Development Brief shows that remittance flows to Uganda declined by 26 per cent, from US$1.4 billion in 2019 to US$1.1 billion in 2020.
Yet despite the decline, Uganda was ranked among the top ten recipient countries in sub-Saharan Africa (SSA). The impact of the COVID-19 pandemic on the global economy and job security for Ugandan migrant workers around the world has reduced the amount of money they are sending back home to their families. But remittances still provide crucial support for some of the world’s poorest people.
For millions of households that depend on remittances, the decline only underscores the role these private transfers of funds play in safeguarding their food security, health care, savings and investment opportunities. ....

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Remittance flows to Kenya defy the odds during the COVID-19 pandemic

Remittance flows to Kenya defy the odds during the COVID-19 pandemic
IFAD Asset Request Portlet
25 May 2021
Despite the impact of the COVID-19 pandemic on wages and employment across the world, the Kenyan diaspora community continues to send money back home to their families.
The Central Bank of Kenya recently released data showing that remittance flows to the country increased by 10 per cent, from US$2,796 million in 2019 to US$3,095 million in 2020, accounting for three per cent of the country’s Gross Domestic Product (GDP). This is contrary to projections made in 2020 that predicted that remittances in low and middle income countries were likely to decrease as a result of the pandemic. ....

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