$500bn Diaspora Investment Drive To Accelerate Africa’s Growth

A major initiative aimed at mobilising more than $500 billion in diaspora investment capital to drive Africa’s economic transformation is set to gain momentum as key stakeholders gather in Lagos for the Africa Entrepreneurs Festival (TAEF) 2026.
The initiative is being championed by former President Chief Olusegun Obasanjo, Chairman of the Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, California State Transportation Secretary Hon. Toks Omishakin, and Afretrade Incorporated, a California-based trade and investment platform.
Organisers say the effort is designed to leverage the growing economic influence of Africans in the diaspora to stimulate trade, investment, e...