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A Diaspora Led Revolution

Updated: Sep 4, 2019


african diaspora economic revolution

We have seen in recent times an ever growing global citizenship and camaraderie

between Africans in the Diaspora and their home countries.


The uprising that ousted President Omar al-Bashir earlier this year is a case in point;

Sudanese across the globe played critical roles in championing the revolution and

spreading awareness on the world stage. The role of Africans living abroad is thus a

force to reckon with.


For a while now, the narrative has consistently illustrated the ever growing ties

between Africans abroad and their home countries. Africans in the diaspora hold both

social and political power but not only that; they have significant influence and

agency over the economic trajectory of their homelands. To put this in perspective,

remittances to sub-Saharan Africa have grown from $37.8 billion in 2017 and are

projected to hit $47 billion by the end of 2019!


Therefore, the economic might of Africans in the diaspora is not only enabling

families back home to buy goods and services; it similarly has a significant influence

on the overall GDP of these countries.


As such, the spirit of economic revolution runs deep in what Zao represents. At Zao,

we aim to unlock the potential back home by enabling access to high-touch and

personable investments. We are tapping into activism and agency and guaranteeing

impact and returns.


As the term ‘Zao’ means ‘theirs’ in Kiswahili, we believe that our

families back home deserve a bright future that is ‘theirs’; likewise, our families in the

diaspora deserve the opportunity to be a part of the change that is also ‘theirs’.


 
 
 

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