Sunday, April 10, 2011

Nkuba Kyeyos bring home US$40b

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Ugandans leaving in the Diaspora are among the thirty million Africans across the globe who directly invested $40 billion into the continent’s economy last year. Statistics indicate that over 300,000 Ugandans stay in western countries.
According to a survey carried by the African Development Bank and the World Bank recently, other Africans investment ranged from land purchases, building a home, and starting a business.

Education was the second-highest use of remittances from outside

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