Diaspora Development Fund (DDF
The Diaspora Development Fund (DDF), developed by the MSDG project, ran from 2020-2023. It mobilised diaspora co-financing and technical support for local development. The first (pilot) year disbursed project grants of €74,890 to 10 Diaspora Fellows (5 women, 5 men), who generated a further €710,280 through cash donations, technical expertise, and in-kind materials, supplies and resources.15 For every one euro that the DDF funded, the diaspora reportedly generated a further €9.40. Including its subsequent phase, the DDF supported a total of 55 Diaspora Fellows –awarding grants of €5,000 each (300,000 Dalasis), co-financing 67 community and development projects across the country, generating investments valued at €5 million.
Sector
- Local development
- Philanthropy