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African Union Legacy Project on Diaspora Investment, Innovative Finance and Social Enterprise in Africa

African Union Legacy Project on Diaspora Investment, Innovative Finance and Social Enterprise in Africa

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September 24, 2019
CIDO ADFC Business Framework Report - Abridged final - May 2019

In 2012 at the Global African Diaspora Summit (GADS) in South Africa, the African Union Heads of State and Government agreed to the creation of a diaspora investment fund, as a legacy project. In September 2018, the African Union Commission (AUC) and the German Agency for International Development (GIZ) commissioned GK Partners (GKP) ‘to establish the design and implementation framework for the African Diaspora Investment Fund in accordance with the Action Plan of the Global African Diaspora Summit’. This ‘Strategic, Business and Operational Framework for an African Diaspora Finance Corporation’ is the result of the consultancy assignment. The document is produced to facilitate methodical implementation of ADFC as an AU legacy project. It is presented to serve as a reference document of relevant facts and figures, and as a manual for practical programme implementation.

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