Please listen to our interview on United Nations Yak with the Founder of the United States African Chamber of Commerce, Mr Martin Mohammed.
It has some data that hithertfore has not been known in the community of the African Diaspora. This press release has the information on the emerging market of the African Diaspora.
A recent study commissioned by the United States African Chamber of Commerce (USACC) on the Emerging African Market sheds new light on the untapped economic potential of the African immigrant community. With a purchasing power of $50 billion and reports of heavy media consumption, the African immigrant community offers a wealth of opportunity for businesses that consider the needs of African immigrants and offer products and services that cater to the emerging African markets.
Unlike other immigrant groups, the African immigrant community has a relatively recent presence in the U.S. In the 1990s, their numbers dramatically increased with more than 2 Million Africans legally entering the United States. Between 1970 and 2000, the share of foreign-born blacks in the overall black population rose nationwide (to 7.8 percent from 1.3 percent) and in all census regions. As such, African immigrants tend to be less established than other immigrant groups, although an overwhelming majority of recent African immigrants are ever more interested in attaining permanent residency in America. READ MORE
In addition, being from Somalia, Mr Mohammed has an interesting take on the challenges of piracy faced by Somalia and with Somalians.