AFAX Programmes: Africa Invest

Objective:

Encouraging and channeling the entrepreneurial efforts of the Diaspora.

Activities :

• Identify and provide members of the diaspora with business opportunities in which they can invest solely or in partnership.

• Help this community gain access to the international capital market.

  • Ex.: Creation of an investment fund from which they can draw on.

• Manage and/or monitor the performance of commercial ventures resulting from partnering efforts.

• Maximise the development impact of remittances made by the community.

• Develop financial instruments that would maximize remittances made

• Educate the migrant community on the real cost of remitting and the different options  available.

• Encourage African governments to support practical remittance management solutions that facilitate investments in the entrepreneurial and other job-creating activities.     Ex: Remittance-backed bonds

Required Partners:

• Ministry of planning of African governments

• Multilateral institutions

• International Office for Migration

Want to sponsor this programme, please contact as info@africanaxis.org