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West Africa Monitor Quarterly – Issue 7

10-Aug-2015

West Africa continues its transformation. This 7th edition provides an update on the latest political, economic, and social developments in the region, and in select countries. The thematic paper and country notes analyse the contribution of Diasporas to regional development. Since 2006, remittances to West Africa have surpassed ODA in terms of volume received by the region. Although still scattered and fragmented, these funds could potentially finance development, provided that recipient countries support investment by the Diaspora, and encourage members to launch socio-economic projects in their countries of origin. The paper demonstrates the role migrants play in West African economies and analyses the main obstacles to the optimisation of their contribution to development. It presents the instruments available to governments in the region to enhance the resources and skills of their Diaspora and makes recommendations to achieve this.

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