IFAD, in partnership with the United Nations Office of the Special Adviser on Africa (UN OSAA) and the World Bank Group, hosted the eighth Global Forum on Remittances, Investment and Development (GFRID) Summit at the United Nations Office in Nairobi (Kenya) from 14 to 16 June 2023.
The GFRID Summit 2023 saw the participation of over 650 practitioners and stakeholders from the public and private sectors and civil society in Africa and around the world. The event was an interactive platform for participants to discuss opportunities and challenges in the post-pandemic landscape. Main remittance corridors and diaspora investment innovations in Africa were the main focus.
This report contains a series of key findings and actionable outcomes for both remittances and diaspora-impact investments and is shared with the President of the UN General Assembly and all UN member states with the aim of informing and supporting discussions at the seventy-eighth session of the United Nations General Assembly, particularly the 2023 SDG Summit and the 2023 High-level Dialogue on Financing for Development.