Countries in Africa with most incoming remittances, by sending region 2021
Remittances sent to Africa went largely towards Egypt, Nigeria, and Morocco in 2021, with each country receiving at least 10 billion billions worth of dollars. This is according to a database that tries to model money sent internationally from one party to another. Remittances typically refer to money sent from migrant workers back home to family and friends, although there are other forms of this. Remittances can, for example, include pensioners who have a second home in foreign country. Nevertheless, Asia Pacific - not Africa - is often referred to as the main receiver of remittances.
