As part of AFFORD’s Diaspora Finance Initiative (DFI), AFFORD’s country partner the Enterprise Development Centre (EDC) organised the 3rd Diaspora Investment & Policy Forum on 26 September 2018 in Lagos, Nigeria. Diaspora Investment & Policy Forums are an important part of AFFORD’s work as they provide decision makers, diaspora businesses and regulators with a space to have open dialogue on creating an enabling environment for SMEs.
The forum focused on building successful diaspora businesses in Nigeria through dialogue with business development institutions, local government, regulatory bodies, private sector and other stakeholders. A variety of organisations, businesses and regulatory bodies in Nigeria attended, these included:
- Ms Shalom Lloyd- CEO of Naturally Tribal Group
- Professor Ikhide Imumorin- CEO of African Biosciences Limited
- Mr. Soji Apampa – CEO of Convention on Business Integrity
- Empretec Zimbabwe
- AFFORD Sierra Leone
- Private Sector Federation Rwanda
- National Agency of Food and Drug Administration and Control
- Corporate Affairs Commission
- Sterling Bank- Nigeria
- Access Bank- Nigeria
The forum was successful in providing diaspora businesses with the opportunity to engage with policy makers and regulatory bodies in Nigeria. Diaspora businesses were able to have open dialogue with regulators on barriers relating to regulation and discuss sustainable solutions.
The next Diaspora Investment & Policy Forums will be led by AFFORD’s country partners in Zimbabwe and Rwanda later this year.