DeniAfrica

Frederick’s Kwoba’s DENI presentation at the The Ministerial Conference of the Least Developed Countries on “Enhancing the Development Impact of REMITTANCES” stated that :

The thrust of this conference suggests that we are searching, indeed looking, to go to the next level. Africans in the Diaspora have resolved to go to the next level as level as well – engage in Large Scale Investment opportunities for purposes of poverty reduction. So why haven’t we done it? The honest answer is that if we could, we would have done so already.ADB/World Bank/UNDP: For us to move to the next level of large-scale investments, we need a formal structure as well as credible institutions like ADB/World Bank/UNDP to stand with us. We are not looking for money from ADB/World Bank/UNDP. All we need is ADB/World Bank/UNDP to stand by us as a confidence booster to encourage Africans to pool their resources for large-scale investments.
DENI: Direct Expatriate Nationals Investment: We have developed a program called DENI that was designed to bring Africans together to pool their resources for large-scale investments in their home country. This will be done country-by-country, meaning Beninese will have their own DENI Program for Benin, Ghanaians will have their own DENI Program for Ghana, Malians will have their own DENI Program for Mali, Nigerians will have their own DENI Program for Nigeria and so on down the line until we get to Zimbabweans with their own DENI Program for Zimbabwe.