The 2023 Diaspora Trade & Investment Summit in Atlanta, GA provides participants the platform to do explore and engage with business, political and government leaders for purposes of advancing our common welfare. The world is constantly evolving and providing new opportunities for growth and prosperity to those who seek them. Time is ripe for the Diaspora community to reconstitute itself economically, socially, and politically and to have a voice at the decision table on issues that help us grow as a community. we care about.

Our ecosystem is complex and as fragmented as it might appear, we have the wherewithal to transform the economic landscape of our countries of origin through Capital lows direct investments Real and on projects such as Estate, Ecommerce, Tourism, Public Infrastructure, Manufacturing, Outsourcing, Finance, Healthcare and so many others. To this end, we have established platforms and frameworks that we hope to leverage our synergies and partner with the respective governments, American & African businesses, and other stakeholders to grow our economic standing. The Convention is designed as the Launchpad for a larger economic development framework through collaboration between the Diaspora, business leaders and government officials in the United States and Africa to conduct business.

Our theme this year is “Diaspora Expanding Opportunities &Partnership for a Brighter Future”. We strongly encourage you to use this unique opportunity to create partnerships and initiatives that will advance our common welfare and contribute to the region’s development.

The role of the Diaspora in the Africa’s economic, political, and social development has expanded exponentially over the years as more Africans migrate outside the country. For instance, Kenya’s Diaspora is figuratively referred to as for its “48th County” economic contribution to the country. It is the most affluent as measured by the annual “County” remittances to Kenya. This economic leverage is the income we generate in the host countries and remit to

Kenya which in turn has become a major economic engine that fuels economic growth, in the United States for example, the over 800,000 Kenyans remit an estimated $2.4 Billion annually. Collectively Kenyans in the diaspora remits approximately $5.1 Billion which translates into about 6% of Kenya Gross Domestic Product (GDP) with an annualized economic impact of $25 Billion or 30% of GDP. According to available data from The Central Bank of Kenya, Diaspora remittances have more than quadrupled. over the last ten years from US $ 338 Million (KSH 25 Billion) in 2004 to US $ 4.03 Billion (KSH 500 Billion) in 2022 https://www.centralbank.go.ke/diaspora-remittances/ . This economic impact is expected to grow exponentially over the years. Thus, the Diaspora’s economic impact on the country cannot be overstated and will continue to be a major driver of economic activity for the foreseeable future.