Refugees, displaced persons generate $27 billion economy in East Africa
The Development Finance Company of Uganda (DFCU) Bank chief business solutions officer, Ms Maryann Michuki (left), speaks during discussions on private sector investment opportunities among refugees at the launch of the report Hiding in Plain Sight: Africa’s $27 billion Displacement Market Opportunity at Serena Hotel, Kampala, Uganda. At centre is the DFCU Foundation executive director, Ms Mable Ndahula, and Amahoro Coalition strategic custodian for partnerships, Mr Tito Mbathi (right). PHOTO | COURTESY
Dar es Salaam. Refugees and internally displaced persons (IDPs) across East Africa generate an estimated $27 billion annually through economic activity, a new report has revealed.
The study by Uganda-based Amahoro Coalition, in partnership with The Development Finance Company of Uganda Group (DFCU) Bank, found that displaced communities make significant contributions to regional economies through business, agriculture, and services.
