Welcome to the seventh Global Forum on Remittances, Investment and Development (GFRID), organized by the International Fund for Agricultural Development (IFAD), the World Bank Group and the African Union, taking place at the United Nations in Nairobi on 5-7 October 2020.
Following the recent outbreak of the Coronavirus COVID-19 and the unpredictable circumstances that the global community will be exposed to in the upcoming weeks, primarily impacting travel and mobility, IFAD and its partners have decided to postpone the GFRID – Africa 2020-2030 to 5-6-7 October 2020, same venue.
In 2018, out of the US$529 billion sent by migrants, remittances to and within Africa were estimated at over US$85 billion. This estimate is considered to be a substantial undercount of actual flows.
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