Diaspora Remittances Affect Local Development

Somali diaspora are eager to embrace the growing Somali private sector, and continue to look for new and innovative ways to invest in their country of origin.

Lee Sorensen, Director of OEF's Shuraako program, outlines ways to improve investment and to better leverage remittances for the long-term, based on a study Shuraako and OEF Research conducted with hundreds of Somalis and Somali diaspora worldwide.

Watch his full presentation at the United Nations (beginning at 42:13).