KemNet reposted this
CEO and Founder, Kemet Group. I build innovative health solutions to achieve Black equity and dignity globally. I do it with love and deep compassion and through strong, responsible partnerships.
$96 billion USD 🤯 A staggering $96 billion USD was remitted home in one year, showcasing the deep-rooted connections within the African diaspora. Remarkably, I estimate that Canadians of African heritage contribute $1.2 billion CAD annually to this total. These remittances represent more than just money transfers; they are a lifeline for families and communities throughout the African continent. I think that this significant financial flow highlights the strong economic ties between Canada and African countries. It encompasses more than monetary transactions, spawning a plethora of opportunities. Each dollar sent is woven into the fabric of economic and cultural exchanges, creating a rich tapestry of connections and sustainable development. I believe that these remittances offer valuable insights to Canadian businesses looking at international trade and expansion. The African diaspora in Canada serves as a dynamic gateway to a continent ripe with opportunities, from the thriving telecommunications sector to the rapidly growing healthcare industry. We provide a unique perspective on African market dynamics and consumer behavior. The highlight of my week was speaking with Mary Ng, reigniting my passion for this subject. She'd seen Kemet Group’s launch of https://kemet.care/ in Times Square and we chatted about it, reminiscing also about last year's UK trade mission for women CEOs in technology sectors. It was then that I first highlighted Kemet Group's commitment to unveiling the vast trade opportunities with African countries. We advocate for more supportive policies and inclusive trade approaches that recognize Africa's enormous market potential, an area that Minister Ng is also passionate about. Africa is more than just a recipient of remittances; it's filled with untapped potential for Canadian investors and traders. Understanding the nuances of vast African markets allows Canadian businesses to tailor their offerings, paving the way for innovative growth and collaborative ventures. Kemet Group, along with the vibrant African diaspora in Canada, wants to influence trade policies and business strategies. By leveraging our collective experiences, we strive to establish more inclusive and effective trade connections with African markets. Our desire is to create lasting bonds and foster relationships that span continents. Imagine the potential of increased economic partnerships between Canada and more underserved countries in Africa.. We continue to build these partnerships here, inspired to bring our innovation to the world, echoing Edmonton Unlimited’s tagline. Week 03: My Year of 'Blending' - 2024 #SundayReflections #AfricaCanadaPartnership #EconomicGrowth #GlobalBusiness #InclusiveTrade #KemetGroup