Topic
Remittances
Economy & Finance
2 articles
Economy & Finance
The Diaspora's $60 Billion: Why We Must Spend Differently
The writer reflects on his brother's regular $50 remittances and pivots to a larger question: Africa receives $60 billion annually from its diaspora—more than the continent gets in foreign aid—yet much is spent on consumption rather than investment. He argues that both diaspora senders and home-based receivers must rethink how this money flows to create lasting economic change.
Wandji Wilfred · 18 December 2018
Economy & Finance
The Strategic Reckoning: On Diaspora Money and African Self-Investment
A Cameroonian writer reflects on the $60 billion annually sent by African diaspora to the continent—more than Africa receives in foreign aid—and argues that both senders and receivers must shift from consumption to strategic, sustainable investment.
Wandji Wilfred · 3 December 2017