AFFORD’s new research initiative in partnership with Crowd Power and Energise Africa explores how African diaspora communities can invest in energy projects in Africa – where 600 million people still lack access to electricity – for a financial return while also making a huge impact in communities on the continent.
Traditional funding sources aren’t closing the gap, so it’s time to tap into the passion, expertise and influence of the diaspora to power bold, people-driven solutions.
With over 200 million people of African descent living abroad, diaspora investment can transform Africa’s energy landscape – through economic growth, reducing inequality and accelerating Africa’s sustainable development.
Our new research initiative will explore how African diaspora communities engage with energy crowdfunding – what drives their investment decisions and how to unlock greater potential for diaspora-driven investment in the future.
The focus countries are Ghana, Kenya, Nigeria and Uganda.
Diaspora investment is the key
AFFORD has dedicated 30+ years to expand how the diaspora contributes to Africa’s growth.
Diaspora investment is a key part of this. A lot of investment already takes place, but it is often ad hoc and could be better organised and scaled.
If, like us, you are interested in exploring the potential of the diaspora to support small businesses in the energy sector, if you are interested in making social impact, then this your chance to help shape new, inclusive, crowdfunding models that make it easier for investors to bring about real change.
We need to hear as many of your voices (hundreds of voices) as we can for this study to have maximum value.
– Are you curious about how your capital can help drive clean energy access or maybe you are already investing in it?
– How do you want to impact on the growth of small businesses, job creation and job sustainability?
– What social impact do you want to see in African communities?
Complete our short survey by 21st November
Please tell us by completing this short survey (see further details in the article below). And please share the link widely with your contacts and networks too.
Everyone who completes the survey can enter into a FREE PRIZE DRAW TO WIN A RETURN FLIGHT TO GHANA, KENYA, NIGERIA OR UGANDA. Terms and conditions apply.
The survey closes on Friday, 21st November, and the winner will be announced soon after.
So don’t delay, if you believe in the role of diaspora investment in Africa’s growth complete the survey today.
