Conclusion: Reflecting on African Diaspora Direct Investment

  • Juliana Siwale
  • Dieu Hack-Polay
Part of the Palgrave Studies of Entrepreneurship in Africa book series (PSEA)


This chapter draws the main coverage of the book together. It brings to light the economic and social opportunities created through diaspora direct investment. The use of social capital and networks by the diaspora create fresh opportunities for African development whose traditional reliance on aid is now being questioned. This chapter recoups the ideas put forward by the various contributors that diaspora direct investment is altruistic and goes beyond the pursuit of economic gain to exemplify deep psychological and cultural attachment to the home land.


  1. Chrysostome, E. (2014). Diaspora entrepreneurship in Africa: Exploring a promising tool of social-economic development. In E. Chrysostome & R. Molz (Eds.), Building businesses in emerging and developing countries (pp. 47–70). London: Taylor and Francis-EBook.Google Scholar
  2. Dimitratos, P., Buck, T., Fletcher, M., & Li, N. (2016). The motivation of international entrepreneurship: The case of Chinese transnational entrepreneurs. International Business Review, 25(5), 1103–1113.CrossRefGoogle Scholar
  3. Nielsen, T. M., & Riddle, L. (2007). Why diasporas invest in the homeland: A conceptual model of motivation. Available at:
  4. Ojo, S., Nwankwo, S., & Gbadamosi, A. (2013). African diaspora entrepreneurs: Navigating entrepreneurial spaces in ‘home’ and ‘host’ countries. International Journal of Entrepreneurship and Innovation, 14(4), 289–299.Google Scholar
  5. Rana, M. B., & Elo, M. (2017). Transnational diaspora and civil society actors driving MNE internationalisation: The case of grameenphone in Bangladesh. Journal of International Management, 23(1), 87–106.Google Scholar
  6. World Bank. (2016). Migration and remittances, factbook 2016 (3rd ed.). Washington, DC: World Bank.,

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Nottingham Business SchoolNottingham Trent UniversityNottinghamUK
  2. 2.Lincoln International Business SchoolUniversity of LincolnLincolnUK

Personalised recommendations