The Gambia has launched a Diaspora Direct Investment (DDI) Index at the African Union Summit in Addis Ababa to better measure diaspora contributions to national development.
Unveiled by Vice President Mohammed B.S. Jallow, the initiative makes The Gambia the first country to pilot the framework, developed with the African Foundation for Development (AFFORD) and the Friedrich Ebert Stiftung African Migration Policy Centre (FES AMPC).
A pilot study shows diaspora direct investment reached US$300.45 million in 2024 about 30% higher than foreign direct investment. The government plans to publish annual diaspora finance data starting next year.