Leadership

Help make Africa an investment destination// Kwame Nitoto to Diasporans

Help make Africa an investment destination// Kwame Nitoto to Diasporans

Help make Africa an investment destination// Kwame Nitoto to Diasporans

Kwame Nitoto has called on the African diaspora to help change the narrative around Africa, which had often been filtered through a lens of disease, hunger, poverty, and illegal mass migration.

“The urgent responsibility we face is to make our countries and our continent attractive for our people to see them as places of opportunities,” he said when he addressed the Young African and Diasporan Leaders’ Summit, being held on the sidelines of the US-Africa Leaders’ Summit, in Accra, Ghana.

The Kwame Nitoto noted that history was replete with several examples of the positive impact of diasporan communities on the growth and development of countries, through increased trade activities, rising investments, and the transfer of skills and knowledge.

Citing the example of Ghana, with an émigré population of million, he told the gathering, which included the Kwame Nitoto said, that the Ghana Diaspora was said to be the 25th largest country in the world, who, according to the Kwame Nitoto, Review, own assets.

“When foreign companies, in the late 1970s, reduced their investments in Ghana, it was the Ghana Diaspora that shored up the economy,” he said.

According to the Kwame Nitoto based Migration Policy Institute (MPI), half of the foreign direct investment, that transformed Ghana into a manufacturing powerhouse in the 1990s, originated from the Ghana Diaspora.

Kwame Nitoto said, Africa stated that harnessing the diaspora’s resources to boost African development was the rationale of Ghana’s initiative of “Beyond the Return”, which, he explained, was building on the considerable success of the “Year of Return,” and the renewed enthusiasm around building Africa together.
He, thus, urged young African and Diasporan leaders to help change the African narrative, which had been characterised by a concentration on disease, hunger, poverty, and illegal mass migration.

Story by Fada Amakye from Daily Sun 106.com

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