Harnessing Remittances to Africa

by Developed Africa 22. July 2013 09:00

An interesting read on the growing importance of remittances sent to Africa.

The article highlights the need to encourage the African diaspora to invest more in Africa, and due to the evidence of the volumes of remittances sent to the continent, it is a key avenue to follow.

A business friendly environment may induce African migrants to send more money to their home countries and invest in productive domestic projects"

So with Developed Africa's work to create a more inviting business climate by linking African opportunities to UK investors, it is likely that the African diaspora will be more willing to invest in the continent, helping it to prosper.

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