Slice

In 2024, Ghana has emerged as a significant player in the African remittance landscape, reporting inward remittances amounting to an impressive $4.6 billion, which translates to 6.2% of its GDP. This figure is nearly double that of 2023, where remittances were at $2.4 billion. Interestingly, the Bank of Ghana offers even more optimistic numbers, suggesting remittances hit $6.7 billion as opposed to $5.1 billion from previous reports. Some analysts are assessing the national money transfer market, estimating its worth…