Diaspora

Report calls for lifting of restrictions on remittances to Africa

Wednesday, 21 October 2009 11:55

A new United Nations report calls for the lifting of restrictions and costly fees imposed on the $40 billion that migrant workers send home to Africa each year, the world body's agency tasked with eradicating rural poverty said today.

(2 Votes)

Tags: UN - remittances - diaspora - migrant - costs - IFAD - AfDB - Africa - Tunisia

Somalis in diaspora offer expertise

Friday, 18 September 2009 17:05

The United Nations Development Programme has launched an initiative to tap into key technical expertise among the Somali diaspora in a bid to help rebuild key governance foundations in parts of the country.

(4 Votes)

Tags: UNDP - UN - diaspora - governance - growth - Somalia

Remittances to Kenya rise in July from 2008

Thursday, 03 September 2009 10:45

The amount of money sent home by Kenyans living abroad in July was $50.372 million, up 8.7 percent from $44.137 million in the same month of 2008, the Central Bank of Kenya said on Thursday.

(2 Votes)

Tags: Remittances - Kenya

Global crisis could end Africa's brain drain

Friday, 12 June 2009 12:18

Speaking at the opening of the World Economic Forum (WEF) on Africa, in Cape Town, South African President, Jacob Zuma, addressed both the challenges and the opportunities currently facing the continent.

(4 Votes)

Tags: WEF - Zuma - global financial crisis - South Africa

The movies, they only show one side of America

Tuesday, 26 May 2009 13:32

With the U.S. economy in turmoil, his job as a truck driver no longer secure and his upwardly mobile life in the Dallas suburbs in jeopardy, James Odhiambo decided it was time for a change.

He wanted a healthier lifestyle for his family, less anxiety, fewer 14-hour days. So he recently traded his deluxe apartment, the pickup truck, the dishwasher and $4.99 McDonald's combos for life in a place he considers relatively better: sub-Saharan Africa.

(2 Votes)

Tags: Immigrants - brain drain - Kenya

Kenyan in the thick of emerging markets financing

Friday, 22 May 2009 12:26

Frank Mwiti Kaaria heads Afrika Kapital Konnect Ltd, a company headquartered in London, which arranges debt and equity financing for companies and governments in Africa.

(1 Vote)

Tags: Afrika Kapital Konnect - equity financing - investment - Africa - emerging markets - Kenya

Study reveals burgeoning purchasing power of U.S.-based Africans

Friday, 08 May 2009 14:28

The United States African Chamber of Commerce has released a study revealing that African immigrants in the US wield purchasing power of about $50 billion.

(3 Votes)

Tags: Diaspora - United States African Chamber of Commerce - African immigrants - United States - market - consumers - Africa

Africa comes to France in new TV programming

Friday, 08 May 2009 13:43

Television distributor, Thema, has created a bouquet of francophone African channels that are systematically being launched in France.The channels are being launched through several broadband companies.

(1 Vote)

Tags: Thema - Free - France - francophone - afric television - broadband - Cameroon - Mali - Congo - Senegal

Remittances to Kenya rise 6% in February

Monday, 23 March 2009 10:53

Remittances to Kenya, a key source of foreign exchange for east Africa's biggest economy, rose 6 percent in February to $53.3 million compared with the same month last year, central bank figures showed on Friday.

(1 Vote)

Tags: Kenya

Harnessing human capital: the African Diaspora

Sunday, 22 February 2009 16:24

The dispersal of Africa's sons and daughters around the world should not be seen solely as a cause of handwringing and dismay. While it is true that at first glance African countries can ill-afford the loss of this talent, the situation also offers an opportunity to promote the brand of Africa globally and to bring the diversity of experience and first world exposure of Africans to the benefit of the continent.