Location 4212 St. Petter, Ohio, US
Email info@sitename.com
AFRICAN BY
An initiative supported by the international Federation of African Consular Chambers & the United Nations Economic commission for Africa.
ENTERAFRICAN BY
An initiative supported by the international Federation of African Consular Chambers & the United Nations Economic commission for Africa.
ENTERAFRICAN BY
An initiative supported by the international Federation of African Consular Chambers & the United Nations Economic commission for Africa.
ENTERAFRICAN BY
An initiative supported by the international Federation of African Consular Chambers & the United Nations Economic commission for Africa.
ENTERAFRICAN BY
An initiative supported by the international Federation of African Consular Chambers & the United Nations Economic commission for Africa.
ENTERE-Commerce
FICA (E-commerce Incubator) allows SME’s to do business in ASEAN Countries, India, China and Japan Market with: No physical setup
Read MoreCONNECTING PEOPLE
The global and social impact of remittances.
The concept of moving money around the world has been one which has existed across generations It’s only the method that has changed According to a report by the International Fund for Agricultural Development (IFAD 200 million migrants from low and middle income nations, send remittances to 800 million loved ones on a regular basis Meaning that one out of every seven people in the world is affected somehow by remittances The IFAD publication refers to these remittance families as forming the “human face of globalization.
Today, there are around 250 million people living outside their country of birth with roughly 90 percent taking on the less desirable jobs at the lower end of the international economy Between 2007 16 the number of migrants from developing countries increased by 28 percent and at the same time, remittances to developing countries increased by 56 percent Regions such as Latin America, the Caribbean, the Near East and Caucasus also experienced a rise in remittances, at an average of 27 5 percent In light of this upwards trend, IFAD predicts that between 2015 and 2030 a total of 6 5 trillion in remittances will be sent to low and middle income nations.
The top five countries sending the highest volume of remittances today are the United States, Saudi Arabia, United Arab Emirates, the United Kingdom and Canada…
The top five countries sending the highest volume of remittances today are the United States, Saudi Arabia, United Arab Emirates, the United Kingdom and Canada…
Direct investment by diaspora entrepreneurs and venture capitalists in their countries of origin strengthens prospects for economic growth by fostering the formation and growth of businesses, supporting innovation and developing new sectors of the economy
The importance of access to information, networks, training, financial capital, and public infrastructure as issues of public policy if supported by policies that create an atmosphere conducive to entrepreneurship, collaboration between diaspora investors and local business owners can provide a powerful stimulus to development. Sources International Organization for Migration
The importance of access to information, networks, training, financial capital, and public infrastructure as issues of public policy if supported by policies that create an atmosphere conducive to entrepreneurship, collaboration between diaspora investors and local business owners can provide a powerful stimulus to development. Sources International Organization for Migration
ABOUT THE INITIATIVE
AFRICANS BY AFRICANS: Africa’s social and economic growth and development should be spearheaded and led by Africans themselves, while utilizing various local and international resources, skills and assets that are available in each of the African countries.
SOLVING THE MAJOR ISSUE OF FOREIGN CURRENCY IN THE COUNTRY: African countries like Ethiopia continues to face major foreign currency shortage mainly due to the weak export performance and high demand for foreign currency which presents significant market challenge. Given the poor performance of exports in the past year and the growing demand for imported capital goods, the foreign currency availability will continue to be a challenge for business in the future.
With the theme of empowering Africans by Africans the scope of the initiative is to establish platform operators in each African country in partnership with a local partner that would enable to create the ecosystem that would enable the African diaspora community to remit, invest, re-invest, digitally procure and digitally transact through an international common platform.
• MARKET CREATION: E-commerce plate-form will support local & foreign SMEs (in particular in Ethiopia) to help them kick start their business in America and Asia with Singapore as first window. This support structure it also contributes to help SMEs stabilize their business; understand the demands of retail sector in America and Asia as they build from strength to strength.
• WOMEN EMPOWERMENT: women empowerment is planned to be achieved through enabling and ensuring women inclusiveness in economic and social aspects. The initiative mainly incorporates access to market, access to finance, awareness and literacy as well as active involvement of women in social and political agendas.
• WOMEN EMPOWERMENT: women empowerment is planned to be achieved through enabling and ensuring women inclusiveness in economic and social aspects. The initiative mainly incorporates access to market, access to finance, awareness and literacy as well as active involvement of women in social and political agendas.
