Without the African Diaspora, Africa would be worst.
7 out 10 financial transactions in retail banks and credits unions is related to remittances (money received from people in the diaspora).
Last year Nigerians abroad sent 21 billions dollars to friends and families back home.
In total, around 45 billions dollars are sent back home by the African diaspora every year.
I’m proud of the African diaspora. Without them, shame and despair would be greater on the continent.
Now a quick advice for my friends in the diaspora, please buy as much land as you can afford back home.
They are not making lands anymore, and the new local oligarchy is buying almost everything.
Like in Europe and America in the 19th century, poor farmers are now chased from their lands or bought out.
In less than a decade, like in Europe and America, lands will belong to only a tiny minority, which will be rich enough not to be interested in re-selling.
Remember, they are not making lands anymore.
If you’d like to be exposed to Africa transformation risks and opportunities, come to African Summer School for the diaspora in Europe which will happen in Verona, Italy, from July 28 to August 02.