Liberian Diaspora Fund
An initiative by The Khana Group & Liberian Professional Network
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FACTS: Poverty & Unemployment “Unemployment has risen to an unbelievable and unbearable estimated 85 per cent. Unemployment and idleness... have a propensity for social disenchantment. For us, employment is synonymous to peace"– Ms. Ellen Johnson Sirleaf, President of the Republic of Liberia
The Liberian Diaspora Fund is a social investment fund that provides an innovative approach to leveraging the remittance from the Diaspora to invest in small to medium size businesses in Liberia that would help create jobs and in turn reduce the poverty level.
Other than Firestone, the Liberian government is the single largest employer in the country. The private sector has been largely dormant since the start of the civil war in 1989 and continues to be because most investors still consider the country an environment with high risk.
Owned and managed by Liberians, the fund will allow Liberians living in the Diaspora to invest in specific businesses and sectors. Last year, Liberians send approximately 60 million home. Most Liberians have been sending this form of remittance home since the start of the war.
News & Events
April 16, 2009 - Liberian Professional Network hosts "The Diaspora and the Future of Change" in DC to discuss the role of the Liberian Diaspora in lifting Liberia.
Hosted at Ambassador M. Nathaniel Barnes residents, Liberian Professional Network hosted "The Diaspora and the Future of Change" an event that highlighted Minister of Foreign Affairs, Hon. Olubanke King-Akerele and featured an open dialogue on the ever important role of the Diaspora in “Lifting Liberia” and reducing poverty.
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© 2009 Liberian Diaspora Fund