We go into this series at a time when several African governments ask themselves, "what can be done to harness the power of our relatives overseas into helping to build our local economies?" Amidst these questions from the African governments themselves other world authorities have recently begun to turn their attention to Africa's Diaspora investors, as well.
The reason that this investment trend has been gaining so much attention in recent years is to be found in what Africa's Diaspora investors represent:
*Source of financing trade deficits for various African nations.
*Stimulus for economic growth, through investment.
*Large percentage of the GDP, this means as much as 25% of GDP for some African nations.
*Tool for alleviating poverty.
So as we continue this series, The Benin Epilogue hopes to bring you the perspectives of businesses, Diaspora investors, government agencies, and other concerned parties as it pertains to this trend in various parts of Africa. The series will culminate with coverage of the Kenya Diaspora Investment Forum taking place this weekend in Atlanta, GA. We hope that you will enjoy this series and if you have a related experience which you'd like to share, then we'd like to hear about it.
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