June 10, 2015
The potential wealth and talent existing in the African Diaspora is enormous. Some researchers estimate that US$53 billion is saved on an annual basis by the African Diaspora. Additionally, it is estimated that by 2040 Africa will have a larger workforce than China or India. All of this will require targeted new enterprise growth in areas that can enhance food supply, healthcare services, and educational solutions, particularly in the area of Science, Technology, Engineering, and Mathematics (STEM) within local communities. The World Bank Group’s first Annual African Diaspora Trade Forum will bring together donors, entrepreneurs, investors, and others who are looking to create trade, investment, and mentorship opportunities in Sub-Saharan Africa.
Related work from The African Leadership and Progress Network (ALPN):
- “Making Leaders.” ALPN Founder/Director’s Letter to the Editor in The Economist
- Addressing Africa’s Humiliation: ‘Brain Gain’/’Brain Circulation’ Diaspora Networks For African Progress
- Leadership and Governance Capacity Building in African Countries
- The Mo Ibrahim African Governance Index and Leadership Prize Revisited