Tuesday, June 26, 2007

Caribbean 20/20 and Diaspora

Held June 19-21, 2001, the “Conference on the Caribbean – A 20/20 Vision” is the result of a series of meetings between officials from both the US and CARICOM. Its main purpose is to strengthen the existing relationship between the United States and the Caribbean Community, to develop a vision of the future relationship between the two, and to focus on the way forward to achieve the various developmental objectives for the Caribbean.

The Caribbean Community hopes to strengthen its relationship with the United States at all political levels and to further improve its relations with the Caribbean Diaspora in the US to encourage the Diaspora and friends of the Caribbean to support regional development. See presentations and topics at Diaspora Forum

Tuesday, June 05, 2007

Africans in Europe seek new ways to invest back home

"Africa’s robust diaspora in Europe will soon have a facility for direct investments in their home countries, a study by the Brussels-based Africa Caribbean Pacific Business Climate says...Officials say the study will most likely recommend a closed-end private equity fund, that would invest alongside a group of diaspora investors and provide them with start-up capital. In addition, discussions are underway to provide technical assistance facilities for any such project...Remittances from Africans working abroad between 2000 and 2003 averaged $17 billion per annum, according to a 2005 report by the United Nations Office of the Special Adviser on Africa. Total Foreign Direct Investment (FDI) flowing into African nations averaged $25 billion per year over the same period, meaning remittances account for most of the FDI flows." From: NationMedia.com/East African News

Friday, June 01, 2007

African diaspora urged to help build Africa

A series of conferences are taking place to address how diasporas can help in "improving trade links, health services and bringing peace to countries in conflict." These diaspora discussions are taking place in London, the Bahamas, with other meetings planned for Europe, the US and Brazil. "These regional summits to be held throughout the year will culminate in a major conference involving heads of State to be held in South Africa early next year." From: SABC News

Bolivia's Ambassador in Canada: Involving Diaspora in Politics

"Currently, a proposal for the active participation of Bolivians living abroad in their country's political destiny is being worked out. On Aug. 6, 2007 the proposal will be presented before parliament for ratification." From: Embassy

Development lessons for Kenyans in the diaspora

Interesting article on the potential pros and cons of remittances from the Kenyan Diaspora. From: Kenya Times