Business

Zim to benefit from IOM US$5,2m diaspora fund

NewsDay Staff ·

Zim to benefit from IOM US$5,2m diaspora fund

THE International Organisation for Migration (IOM) has selected Zimbabwe, among eight other countries, to benefit from a US$5, 2 million diaspora investment fund to leverage off their diaspora earnings.

This was revealed by IOM in a statement released to NewsDay Business on Wednesday.

In a statement, IOM said it had teamed up with the African Development Bank (AfDB) and African Union Commission (AUC), they had to implement a US$5,2 million project to strengthen investment, human capital and philanthropic engagement from the diaspora of eight African
countries.

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