Building Back Home:
How to unlock Africa’s biggest asset

[...]When we say “Africa’s diaspora”, we mean Africans abroad who can trace two generations of their families back to the continent.

By this definition, the African diaspora numbers 200 million people.

If that were a country, it would match the size of Nigeria - the world’s most populous black country.

And this country’s pockets also run deep.

According to the UN, most immigrants send 10% of their income back to their home countries in remittances.

Doing the napkin math - if Africa’s diaspora sent $98 billion back home last year, they hold almost ~$1 trillion in wealth.

That's enough wealth to make it the richest black country on earth - and the 12th richest in the world.[...]

https://techsafari.beehiiv.com..../p/building-back-hom