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What is Remittance

Chapter 8

The Evolution of Black African Entrepreneurship in the UK

Refers to a transfer of money by individuals living abroad to persons in their countries of origin.

Published in Chapter:

Diaspora and Transnational Entrepreneurship

Source Title: The Evolution of Black African Entrepreneurship in the UK

DOI: 10.4018/978-1-5225-7631-0.ch008

Abstract

This chapter appraises the phenomenon of diaspora entrepreneurs among UK-based Black Africans and the degree to which they have internationalized their businesses. In addition, the chapter examines the characteristics of Black African diaspora and transnational entrepreneurship and its similarities/differences with the ethnic entrepreneurship in the UK. Furthermore, concepts that surround this phenomenon such as remittances, diaspora direct investment are reviewed.

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Chapter 4