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The 30 million of Africans now living abroad are a vital resource for the continent, but African leaders have yet to do more to take advantage of the economic benefits of migration. This is the conclusion drawn in a new report jointly published the African Development Bank and the World Bank.

Entitled “Leveraging Migration for Africa: Remittances, Skills, and Investments”, this report presents data from a new series of surveys, and highlights the elements that suggest that migration and remittances translate into lower levels of poverty in communities. For African countries, remittances made by expatriates lead to additional investment in health, education and housing, and their diasporas are also sources of capital, trade or knowledge, and technology transfer.

"The pressures on migration will only increase in the future because of demographic changes corresponding to the increase of population in Africa and the decline of the labor force in Europe and in many other developed countries," emphasised Hans Timmer, Director of Development Prospects Group at the World Bank. "Therefore it is essential to adapt the measures taken at the policy level in response to these demographic factors, and develop multilateral arrangements for managing future migration."

Download the report: "Leveraging Migration for Africa: Remittances, Skills, and Investments" (March 2011).


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