…Nigeria’s displaced population generates $300m
Africa’s 43.1 million displaced population generate an estimated $27 billion in annual income, creating one of the continent’s largest untapped investment markets despite being viewed primarily as recipients of humanitarian aid, according to a new report released by Amahoro Coalition.
The report, Hiding in Plain Sight, described itself as the first comprehensive analysis of Africa’s displacement economy as a private sector investment opportunity. It found that more than 56% of displaced Africans are economically active, earning income across agriculture, entrepreneurship, finance, manufacturing and supply chains, yet attracting little commercial investment.
The report argued that Africa’s displaced population, larger than the populations of 45 of the continent’s 54 countries, should be viewed as an economy rather than a crisis.
It found that displaced entrepreneurs fail at only one-third the rate of businesses owned by host communities, challenging long-held assumptions about the commercial risks of investing in
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