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COVID-19 pandemic World Bank

News : Business

How COVID-19 impacts SSA remittances

By CNBC
19 May 2020 | 1:00 pm |

The World Bank says it expects global remittances to drop by 20 percent this year, over the economic crisis brought about by shutdowns initiated to contain the COVID-19 pandemic. Michael Kent, Founder and CEO of Azimo joins CNBC Africa to discuss the implication for sub-Saharan Africa.

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