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African diaspora philanthropy dialogues holds in Houston

By Somtochukwu Egwuatu
07 September 2024   |   3:03 am
The need for High Net-worth Individuals (HNIs) and philanthropists in the diaspora to contribute to Africa’s development has become critical as international funding to African civil society organizations (CSOs) dwindles.
Director, Africa Polling Institute, Prof. Bell Ihua (left); CEO, Diaspora African Women’s Network (DAWN), Semhar Araia; Regional Director, Ford Foundation, West Africa Office, ChiChi Aniagolu-Okoye; Founder Jason & Bradley LLC, Daniel Chigbu J, Esq; Director of Strategic Partnerships at Foreign Policy, Afua Osei, and Associate Dean, Indiana University, Lilly Family School of Philanthropy Dr. Una Osili, at the Second Edition of the African Diaspora Philanthropy Convening, an initiative under the Ford Foundation OWA’s Sustainable Philanthropy Dialogue Series.

The need for High Net-worth Individuals (HNIs) and philanthropists in the diaspora to contribute to Africa’s development has become critical as international funding to African civil society organizations (CSOs) dwindles.

To explore the potential of impactful philanthropy driven by trust and accountability, the Ford Foundation Office of West Africa (OWA) and PaTiTi Consulting engaged high-net-worth individuals (HNIs), philanthropists, and development experts in a forum—the African Diaspora Philanthropy Dialogues in Houston, USA. The event focused on how collaboration, trust, and accountability can support development work in Nigeria and across Africa.

The dialogues highlighted the significant contributions of the African diaspora to family and individuals back home, with data from the first quarter of 2024 showing that over $286 million was sent to Nigeria, surpassing the combined contributions from international development organizations like the Ford Foundation and the MacArthur Foundation to local philanthropy initiatives.

The forum also addressed the challenge of harnessing diaspora contributions to create a lasting impact. The Regional Director of Ford Foundation OWA and convenor of the dialogues, Dr. ChiChi Aniagolu-Okoye called on African diasporans to rethink their approach to giving. “The situation in Nigeria is dire,” she stated, “and the traditional support from international partners is dwindling due to global crises. Now, more than ever, it is crucial for Africans in the diaspora to strategically support and invest in development initiatives back home.”

She emphasised that the call for strategic philanthropy is not just about sending money to Africa but about contributing to a more sustainable continent by addressing systemic issues.

Dr. Ayo Ajim, keynote speaker and co-founder of the Grace Emergency Room, stated that while diasporans are committed to philanthropy in Africa, barriers such as lack of accountability and corruption remain major hurdles. He called for reforms in initiatives that support local development work in Africa. “

He also encouraged HNIs to contribute to local philanthropy initiatives in Africa through their business’ foundations to receive the necessary tax exemptions under the law in the United States of America.

Daniel Chigbu J. Esq., a lawyer and panelist at the event, stressed the need for due diligence and careful selection of partners. He applauded the Ford Foundation’s offer to match funding for selected projects, highlighting that this crucial step will build confidence among potential donors.

The dialogues emphasised the importance of building trust through transparency and collaboration with credible local CSOs, with participants renewing their commitment to support local development by learning from best practices across the world.

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