Skip to main content
Support
Event

WEBCAST | Beyond Remittances: Engaging the Diaspora to Meet Africa’s Development Financing Needs

Please join the Wilson Center Africa Program for a webcast event on “Beyond Remittances: Engaging the Diaspora to Meet Africa’s Development Financing Needs” on Wednesday, May 27 from 2:00-3:30 pm. You may view the webcast using this link.

Date & Time

May. 27, 2020
2:00pm – 3:30pm
Get Directions
This event will be webcast live

WEBCAST | Beyond Remittances: Engaging the Diaspora to Meet Africa’s Development Financing Needs

Please join the Wilson Center Africa Program for a webcast event on “Beyond Remittances: Engaging the Diaspora to Meet Africa’s Development Financing Needs” on Wednesday, May 27 from 2:00-3:30 pm. You may view the webcast using this link.

According to the African Development Bank (AfDB), African countries must invest USD $600-700 billion annually to meet the development needs of their growing populations. To achieve this investment goal, African governments are increasingly looking to the diaspora, amongst other measures. The African diaspora already contributes enormously to the continent’s economy through remittances: in 2018, Sub-Saharan Africa received an estimated $47 billion in remittances (World Bank)—compared to an estimated $32 billion in foreign direct investment (United Nations Conference on Trade and Development). Looking beyond remittances, the diaspora community also possesses other resources including knowledge, expertise, and networks that could greatly benefit the financial, trade, and technology sectors—and be leveraged for peace—if properly engaged.

Speakers will examine the current role and future opportunities for the diaspora in Africa’s economic development and peacebuilding efforts. Using several country case studies, they will assess the growing diaspora, transitions in thinking about the diaspora and its role, lessons learned from countries that have developed diaspora engagement strategies, and the potential and opportunities for fostering economic development and sustainable peace through more robust diaspora engagement. They will also offer concrete policy recommendations for African governments, stakeholders, and international partners to better engage with and leverage the diaspora to help meet Africa’s development and peacebuilding needs.

The SVNP is a continent-wide network of African policy, research and academic organizations that works with the Wilson Center’s Africa Program to bring African knowledge and perspectives to U.S., African, and international policy on peacebuilding in Africa. Established in 2011 and supported by the generous financial support of the Carnegie Corporation of New York, the project provides avenues for African researchers and practitioners to engage with and exchange analyses and perspectives with U.S., African, and international policymakers in order to develop the most appropriate, cohesive, and inclusive policy frameworks and approaches to achieving sustainable peace in Africa.


Hosted By

Africa Program

The Africa Program works to address the most critical issues facing Africa and U.S.-Africa relations, build mutually beneficial U.S.–Africa relations, and enhance knowledge and understanding about Africa in the United States. The Program achieves its mission through in-depth research and analyses, including our blog Africa Up Close, public discussion, working groups, and briefings that bring together policymakers, practitioners, and subject matter experts to analyze and offer practical options for tackling key challenges in Africa and in U.S.-Africa relations.    Read more