How the African diaspora can help the continent achieve the SDGs

Friday, January 11, 2019

By Tom-Chris Emewulu

There has been a growing interest in the dialogue around the need to include African diaspora in the tapestry of development dynamics of the continent. For the purpose of this article, we shall define African diaspora as “worldwide collection of communities descended from Africa’s peoples.”

With more than 30 million Africans spread across various countries around the world, African diaspora can play a huge part in helping to craft new pathways to socio-economic development on the continent. But that’s not all, the World Bank records that remittances to Sub-Saharan Africa reached $466 billion in 2017, and is expected to keep increasing at 4.1% – dwarfing other forms of official development assistance inflows by several margins. Clearly, diaspora investment could be a way to close the UN Sustainable Development Goals (SDGs) financing gap of $3 trillion dollars.

Photo courtesy of eva_lutter.

Source: Face2face Africa (link opens in a new window)

Tags
global development, remittances, SDGs