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Non-formal (additional) Aid resources

“Do not eat on your own”

shares in a fund, buying a bond, or putting funds into a deposit account in a country-of-origin
bank. Senegal has established an investment fund for Senegalese abroad, which has financed

804 projects worth a total of 20 billion CFA francs ($40 million)
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The World Bank calculates that diasporas originating in developing countries have savings that
amounted to almost $400 billion in 2009 -- an amount roughly equal to remittance flows.15 A

few countries, including Ethiopia, India, Israel, and Kenya have issued bonds designed
particularly for the diaspora market, and the first two of these have been quite successful in
raising money from the diaspora.

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The data needed to track diaspora contributions are simply not available consistently, broadly,
and over long periods of time. Most statistical evidence is gathered by tracking correlations ex
post facto, as with many of the studies cited above. Correlations are highly suggestive, but

cannot, of course, demonstrate causality. “
"What We Know About Diasporas and Economic Development," n.d., 14. 484
Newland, Kathleen, and Sonia Plaza.

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“ Migrants from Sub-Saharan Africa, the Middle East and North Africa account only for 4.5% and
7.8% respectively of the total foreign-born population in the OECD area – significantly below
their share in world population.

However, Sub-Saharan African migrant communities register the fastest growth, with a 39%
increase on average since 2000

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In 2005/06, the United Kingdom became the new main destination of migration from Sub-

Saharan Africa, passing ahead of the United States
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Young migrants (foreign-born persons aged 15 to 24) represent only 12% of the total emigrant

population 15 and over. However, they are overrepresented in migrant populations from non-
OECD European and Central Asian countries (16%) and Sub-Saharan Africa (15%).
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The highest regional (weighted) average employment is observed for Latin American as well as
Sub-Sahara African migrants, with 65% each. Migrant populations from Namibia, Zimbabwe,

Mozambique and South Africa have among the highest employment in the OECD area, with
rates of over 75%

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