A graduate from EDHEC Business School, Martin Fleury is the founder of R.M.D.A., a consulting firm focusing on issues pertaining to socio-economy, private sector development and territory planning in emerging countries. He is also a member of FADEV (Fonds Afrique Développement), an impact investment fund dedicated to African SMEs.
The migrant remittances sent from France amount to over USD 20bn every year. Martin Fleury, Said Bourjij et Bamadi Sanokho, experts on this issue, shares their reflections with ID4D about the potential that these remittances hold for development if it is organized.
Despite their geographical and cultural proximity, Europe and Southern and Eastern Mediterranean Countries (SEMC) have still not developed a real common economic strategy, as Japan managed to do in the 1960s in Asia, or Germany in the 1990s with Central and Eastern European countries. Yet each region could draw solutions from the other’s territory to address its own challenges.
The strong growth in Africa in recent years needs to be put into perspective. Indeed, the continent’s demography and unequal distribution of wealth undermine the expected impact. This growth does, nevertheless, generate a surplus. Its conversion into sustainable development now needs to be optimized by sound investments, as well as global, proactive and coordinated balancing strategies.
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