Home »
» Diaspora's Increasing Importance
Diaspora's Increasing Importance
Africa Diaspora Investment writes "...The Africans in the Diaspora merit increasing attention they are a source of investment funding, expertise and a confidence building measure of great importance.Financial flows from the Diaspora on average contribute 5-10% of some African countries Gross Domestic Product and in a few cases over 20%. In a year alone it is estimated that the Diaspora invest over US$ 450 million, this excludes the estimated US$ 12 billion remittances sent by the Diaspora annually..."