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African Remittances Hit $100 Billion, Outpacing Aid

1/24/2026

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Summary

Story summary

Remittances from Africans abroad reached $100 billion in 2022, surpassing aid and investment.
Nigerian workers send about 20% of income to relatives to support families.
South Africa's unemployment exceeds 42%, forcing many households to rely on one wage.
Anthony Kimere, a Kenyan national, and Fungai Mangwanya, a Zimbabwean national, describe family obligations shaping finances.

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Story summary

Remittances from Africans abroad reached $100 billion in 2022, surpassing aid and investment.
Nigerian workers send about 20% of income to relatives to support families.
South Africa's unemployment exceeds 42%, forcing many households to rely on one wage.
Anthony Kimere, a Kenyan national, and Fungai Mangwanya, a Zimbabwean national, describe family obligations shaping finances.