African diaspora is leading the entrepreneurial charge into Africa
There is a new generation of African diaspora leading the entrepreneurial charge into Africa.
The terrible economic and political situation in Africa during the 1980s and 1990s saw a generation of educated and successful African parents either permanently move to developed countries, or ensure that their children were educated in Western universities, and had more opportunities for the future, while not losing their cultural heritage.
Those children, particularly the women, now in their 20s and 30s, are finding that the opportunities available in their new home countries may not be as attractive, post-recession, as anticipated, and nor are they attracted to traditional patriarchal African family life.
Their parents all wanted them to be doctors and lawyers, and then marry another lawyer or doctor from their own cultures, but the genie is firmly out of the bottle.
Instead, they see the growth opportunities offered by Africa combined with their high levels of education and cross cultural understanding as the perfect recipe for entrepreneurial activity.