Kenyan Nobel Peace laureate Wangari Maathai on the importance of Africa’s SME’s and diaspora:
I commend the African diaspora for believing in small and medium-sized enterprises, which are key to enabling Africans to fulfil their aspirations for jobs and economic security. The United Nations Industrial Development Organisation (Unido) reports that 90% of all businesses in Africa are small and medium-sized. We must support this sector and ensure that it thrives.
The diaspora can ensure that this sector grows in the home countries. Africans in the diaspora are estimated to send back some $200 billion to Africa each year. This money assists both their families and the national economy. We need to encourage and sustain this interest and commitment. We need initiatives that are simple, attainable and able to generate visible success in a short time. This creates momentum, trust, excitement and goodwill around solutions that ordinary people themselves own and believe in.
Via Africa Unchained.
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