msemakweli
JF-Expert Member
- Feb 20, 2014
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An estimated 230 million migrants will send $500 billion in remittances to developing countries in 2015, a flow of capital expected to do more to reduce poverty than all development aid combined, a senior official of the U.N. agricultural bank said.
Ten percent of the world's people are directly affected by this money, Pedro De Vasconcelos, programme coordinator for remittances with the International Fund for Agricultural Development, told a conference on Tuesday.
"Migrants are investing back into poor regions," Vasconcelos said, adding that about $200 billion is expected to go directly to rural areas.
This money could play a key role in boosting food production and eliminating the hunger faced by 805 million people by allowing families to invest in land, seeds, livestock and equipment.
The United Nations estimates that is the number of people - one ninth of the global population - who have too little to eat.
An estimated 80 percent of the rural people receiving remittances do not have access to traditional banking services, Vasconcelos said.
Harnessing mobile technology and other new approaches to banking could help link rural residents to financial systems when they collect their remittances, giving them better access to savings, insurance and other financial products which could help them improve farm productivity, he said.
The projection of $500 billion in remittances going to poor countries in 2015 is a significant jump from the $404 billion in such remittances the World Bank recorded in 2013.
Remittances are worth four times as much as all overseas development aid provided by wealthy countries, Vasconcelos said.
Read the original article on Theafricareport.com : Remittances to developing nations to hit $500 billion in 2015: U.N. official | North Africa
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List of African Countries by diaspora remittance;
1. Nigeria ($21 billion)
2. Sudan ($3.2 billion)
3. Kenya ($1.8 billion)
4. Senegal ($1.2 billion)
5. South Africa ($1.0 billion)
6. Uganda ($0.8 billion)
7. Lesotho($0.5 billion)
8. Ethiopia ($387 million)
9. Mali ($385 million)
10.Togo ($302 million)
Tanzania haipo kwenye top 10!
WHY?
List of African Countries by diaspora remittance;
1. Nigeria ($21 billion)
2. Sudan ($3.2 billion)
3. Kenya ($1.8 billion)
4. Senegal ($1.2 billion)
5. South Africa ($1.0 billion)
6. Uganda ($0.8 billion)
7. Lesotho($0.5 billion)
8. Ethiopia ($387 million)
9. Mali ($385 million)
10.Togo ($302 million)
Tanzania haipo kwenye top 10!
WHY?
Sikuelewi.....kama mnapenda kuinvest nyumbani basi Remittances zingekuwa higher than that au?For the same reasons why Kenya is third and SA.is fifth..You know what.. We love to invest here at home.
Sidhani kama hoja yako ni valid.Umesahau kitu kimoja nacho idadi ya hao Madiaspora ktk kila nchi ulizozitaja ndiyo uweze kuwa fair kwa Watz!
List of African Countries by diaspora remittance;
1. Nigeria ($21 billion)
2. Sudan ($3.2 billion)
3. Kenya ($1.8 billion)
4. Senegal ($1.2 billion)
5. South Africa ($1.0 billion)
6. Uganda ($0.8 billion)
7. Lesotho($0.5 billion)
8. Ethiopia ($387 million)
9. Mali ($385 million)
10.Togo ($302 million)
Tanzania haipo kwenye top 10!
WHY?
Sidhani kama hoja yako ni valid.
We angalia hizo nchi kwenye hiyo list......TOGO, LESOTHO!
Tungefikia hata $1 billion ingekuwa safi sana. In fact remittances zingefidia hizo $500 million tunazofadhiliwa na wazungu!
List of African Countries by diaspora remittance;
1. Nigeria ($21 billion)
2. Sudan ($3.2 billion)
3. Kenya ($1.8 billion)
4. Senegal ($1.2 billion)
5. South Africa ($1.0 billion)
6. Uganda ($0.8 billion)
7. Lesotho($0.5 billion)
8. Ethiopia ($387 million)
9. Mali ($385 million)
10.Togo ($302 million)
Tanzania haipo kwenye top 10!
WHY?
watanzania wengi nje hawana kazi za maana. watanzani wasomi kutoka kwao ni kazi sana, nahisi na ujamaa ulichangia.
Mkuu, hapo kwenye issue ya 'kutambulika' unazungumzia 'uraia pacha' au?Wanachotuzidi wao ni kule kutambulika na pia taratibu au mfumo wao wa uchumi unawafanya watambue kila kinachoingia.
What's with you and kutamba-ring and kutanua-ring???Wakenya tunatamba na kutanua.
Mkuu, hapo kwenye issue ya 'kutambulika' unazungumzia 'uraia pacha' au?
na wingi wao pia. US kuna kama wakenya 100,000 wakati watz ni 20,000.Hizo wanazotumia wakenya hazitokani na kazi za maana, ni kazi hizohizo wanayofanya wabongo, na utumaji wenyewe ndio ule wa kujenga, kusomesha wadogo zao au matibabu kwa ndugu.
Wanachotuzidi wao ni kule kutambulika na pia taratibu au mfumo wao wa uchumi unawafanya watambue kila kinachoingia.
Sikuelewi.....kama mnapenda kuinvest nyumbani basi Remittances zingekuwa higher than that au?
List of African Countries by diaspora remittance;
1. Nigeria ($21 billion)
2. Sudan ($3.2 billion)
3. Kenya ($1.8 billion)
4. Senegal ($1.2 billion)
5. South Africa ($1.0 billion)
6. Uganda ($0.8 billion)
7. Lesotho($0.5 billion)
8. Ethiopia ($387 million)
9. Mali ($385 million)
10.Togo ($302 million)
Tanzania haipo kwenye top 10!
WHY?