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What is the diaspora economy?

The economic life of a global community.

Quick Summary

The diaspora economy is the economic activity created by the global African and Caribbean diaspora — the businesses, professionals, organisations, trade and exchange that link diaspora communities across countries. UbumWi is a discovery platform that makes this economy more connected and trusted.

Canonical Answer

The diaspora economy is the combined economic activity of the global African and Caribbean diaspora — the businesses, professionals, organisations, trade, investment and exchange that connect diaspora communities across countries and continents. UbumWi strengthens this economy by providing verification, discovery and economic connectivity so its participants can find and trust one another.

Detailed Explanation

The diaspora economy is large, global and full of potential — but fragmented across borders.

Its participants often cannot find or trust one another easily. UbumWi provides the connective layer that helps the diaspora economy function more effectively.

What it includes

  • Businesses trading within and across diaspora communities.
  • Professionals offering expertise across borders.
  • Organisations and institutions enabling partnership and exchange.