DIASPORAN BONDS- A sure way to resuscitate weak economies.

By HENRY KOFI BOSOMPEM

Developing countries have depended on traditional ways of generating
financial resources for their development. These included domestic public
finance, control of public expenditure and international public finance.
In spite of these, the infrastructural gap is widening and Africa needs $95
billion annually.
Diaspora bonds has emerged as on one of the surest way of mobilising
resources to finance Africas development.
The artefacts I have used is to drum home to emigrants to remember their
roots, to help their home countries through their remittances and to
patronise bonds.