Remittances:Driving force of African economies?

Allan Brian Ssenyonga writes

The African immigration phenomenon has had different outcomes but one of the most significant yet overlooked is the aspect of remittances. This refers to the money sent back home by the immigrants. For sometime now, remittances have become an important aspect as far as the development of Africa and other poorer nations is concerned. Many Africans living and working in Europe and USA are working hard to maintain their families back home. On receiving their pay cheque, many send almost 60 % of their earnings back home to help foot medical bills of aging parents, pay school dues for school going siblings and relatives as well as establishing income generating projects...although Africa is losing so much in terms of skilled labour, it is also gaining a lot from the huge sums of money sent back home that are directly pumped into the local economy and therefore lead to economic development.