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Will COVID-19 Change How African Migrants Invest Back Home?

Photo by Anna Nekrashevich from Pexels
“World Bank. 2020. COVID-19 Crisis Through a Migration Lens. Migration and Development Brief,no. 32;. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/33634 License: CC BY 3.0 IGO.”
Sources: World Bank staff estimates, World Development Indicators, and IMF Balance of Payments statistics
  • Simple savings account with a bank or other financial institution;
  • Purchase of land (with the intention of building a home in future);
  • Purchasing of the investment property (such as apartments to rent);
  • Investing in government debt securities (treasury bills and bonds);
  • Investing directly or indirectly in other listed securities (including through mutual funds).

“Never test the depth of the river with both of your feet.” -Warren Buffet



Tulix is a simple and convenient app to pay businesses back home directly from abroad. The app helps Africans living abroad to pay businesses directly or fund allocations to their beneficiaries back home for specific needs.

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Tulix App Team

We’re making it easier for Africans living abroad to pay bills and support their families back home. Learn more at https://tulix.app