Dinner roundtable: mobilizing the diaspora for growth and transformation of Eastern Africa

Abstract

For many countries of Eastern Africa, remittances represent a sizable and stable source of funds that sometimes exceed official aid and financial inflows from foreign direct investment. Eastern African countries remittances could play greater role in broadening and empowering their economies. Some countries of the region such as Ethiopia, Rwanda and Seychelles have made substantial progress in mobilizing their diaspora and creating an environment conducive to engagement in their development. The High-level dinner round-table will be an Interactive discussion on peer learning, discussing how to leverage diaspora resources for growth and structural transformation of Eastern African countries. The round-table will also facilitate exchange on the challenges and opportunities associated to the impact of the remittances to the countries of Eastern Africa.