We are proud to announce the publication of our latest white paper, Diaspora Capital: The Untapped Force Behind Africa’s Private Market, available now on the Penerley website.
This comprehensive report explores the powerful but underutilised role of the African diaspora in driving private market growth across the continent. Despite sending approximately USD 54 billion in remittances to Sub-Saharan Africa in 2023, diaspora communities remain an untapped source of long-term investment. Our white paper highlights the opportunities, challenges, and strategic solutions needed to transform these financial flows into sustainable capital for Africa’s development.
The African diaspora is uniquely positioned to become a cornerstone of Africa’s private sector growth. By transforming remittances into structured investments, diaspora capital can fuel job creation, innovation, infrastructure development, and inclusive economic growth.
At Penerley Solicitors, we are committed to supporting governments, institutions, and investors in designing robust legal frameworks that enable secure and sustainable diaspora investment.
The White Paper is available here: White Paper – Diaspora Investment
