Africa's Displaced Communities Hold $27bn Investment Potential

A report published by Amahoro Coalition indicates that Africa's 43 million displaced individuals represent an annual investment potential of $27 billion. The report highlights that 56% of displaced people are already engaged in economic activities across sectors such as agriculture, finance, manufacturing, and entrepreneurship.

Specific opportunities include $2.4 billion in agricultural output, $3.2 billion in formal financial services, and $4.1 billion in supply chain logistics. The report also notes that displaced entrepreneurs face challenges, with only one-third owning businesses and fewer than 10% having access to formal financial services.

Tito Mbathi, representing the Amahoro Coalition, stated that Nigeria has approximately 3.7 million internally displaced persons (IDPs), with the potential for significant investment, particularly in agriculture. The coalition aims to align business models with the needs of displaced communities, advocating for innovative approaches to transform their economic opportunities.

Kabiru Ibrahim of Nigeria's Agricultural Group urged stakeholders to embrace these opportunities.