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 16-18 June 2021.
Under the auspices of the Central Bank of Kenya, this year’s GFRID Africa – 2020-2030 will mark the first of a series of biannual summits in the region aimed at effectively maximizing the impact of remittances and diaspora investment in Africa by 2030. Read more
In light of the ongoing global health crisis, and the uncertainties for the short-medium term, we have decided to host the Forum around the International Day of Family Remittances on 16-18 June 2021 instead of October 2020. The venue remains unchanged.
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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