Business

Bill Gates becomes top US farmland owner

While Microsoft founder, Bill Gates, is known throughout Africa and developing countries for his support for agricultural growth, he is now the owner of the most farmland in the United States, according to Land Report.

Remittance flows to shrink 14% by 2021 due to COVID-19

Based on the trajectory of economic activities in many large, migrant‐hosting countries, especially the United States, European countries, and the Gulf Cooperation Council (GCC) countries, remittance flows to Low- and Middle-Income Countries are expected to register a decline of 7.2 percent to $508 billion in 2020, followed by a further decline of 7.5 percent to $470 billion in 2021.