The cost of sending money from abroad to Sub Saharan Africa is almost two times higher than what it cost to transfer funds to any other part of the world
Sub Saharan Africa (SSA) is the costliest region to send remittances. The cost of sending money from abroad to SSA is almost two times higher than what it cost to transfer funds to any other part of the world, data analyzed from the October 2020 Brief of the World Bank’s Migration and Development
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