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Can Africa Truly Be Self- Sustained?

Can Africa Truly Be Self- Sustained?

Apr 21, 2025

Temilola Otunla

Can Africa Truly Be Self- Sustained?
Can Africa Truly Be Self- Sustained?

It’s no doubt Africa is a continent richly blessed in resources, culture, creative minds and innovation but as rich as this continent is, we’re still heavily dependent on external aid and investments from other continents. A few weeks back, the United States cut 90% of the USAID funding allocated to Africa. This makes up over $60 Billion. It’s a huge setback as it affects crucial programmes like healthcare, food, education. A report by ISS Africa sheds more light on this.

The truth is, if Africa is to truly thrive and become a self-sustained economy, the driving force must come from within- particularly from Africans in the diaspora. One of the most effective ways to achieve this is through co-investing as a collective group, a model that amplifies impact, builds community strength and drives long-term growth. The reasoning is simple. While Africans in the Diaspora might not be individually wealthy, they are, collectively. It’s estimated that the GDP of the African Diaspora is over USD 1 Trillion. This is greater than the GDP of the big 4 combined, as at 2024 (South Africa USD 373 Billion, Egypt USD 347 Billion, Nigeria USD 252 Billion, Kenya USD 104 Billion)Adding Content to the Canvas

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What really is co-investing as a collective group?

This is when a group of investors— in this case, Africans in the diaspora— pool resources to jointly invest in a particular venture, typically led by an experienced investor who manages the investment on behalf of the group.

Co-investing this way is great for many reasons. It increases investment power by allowing small contributions to accumulate into significant capital, enabling access to bigger opportunities and reducing individual risk. According to a report by the African Union, 1% of the diaspora’s annual savings makes up about $337 million. This means if 100 Africans abroad collectively invest 1% of their annual savings, as much as $337 Billion can be invested back home. It will take 10 years to close Africa’s funding gap which is currently at $402 Billion.

Think about it! We are capable of driving transformative economic growth!

Our heavy reliance on foreign aid has limited our autonomy as a continent. If we would truly become a self-sustained, thriving economy, we need investments genuinely geared towards local growth— not just returns for external stakeholders. The scale of opportunities in Africa needs a coordinated, community-driven approach. By working together, Africans in the diaspora can collectively invest in industries like agriculture, technology, housing, education, and health. The immediate ripple effect is that we create jobs, develop infrastructures and stabilize our economies.

This is WHY we’re building Borderless! We understand the power of community-driven investments. Our platform empowers Africans in the diaspora to co-invest in impactful projects through seamless, regulated and secure processes. Whether you’re looking to bring together like-minded investors, pool resources and channel funds for specific projects and generate returns or you’re an investor who wants to explore investment opportunities, connect with like-minded individuals and collectively contribute to building Africa into an independent continent. Borderless is built with you in mind.

Africa’s potential is limitless, but we can unlock it only through community-driven efforts. Our collective investments can help us truly become self-sustained as a continent because we’re not just investing for financial returns but building a legacy. If you're ready to be a part of this movement, join our waitlist here.

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Frequently asked questions

This page is designed to give as much information as possible about what we are building. While it’s intended to be comprehensive, we may have missed some things.

This page is designed to give as much information as possible about what we are building. While it’s intended to be comprehensive, we may have missed some things.

In this case, please send us your questions or concerns at hello@onborderless.com and we will reply and update this page.

In this case, please send us your questions or concerns at hello@onborderless.com and we will reply and update this page.

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Who are our target audience?

How much does Borderless cost?

How much does Borderless cost?

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Can I join multiple communites?

What type of collective can I create on Borderless?

What type of collective can I create on Borderless?

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How can I engage my collective members?

Can I use Borderless for collective investments?

Can I use Borderless for collective investments?

What security measures does Borderless have in place?arget audience?

What security measures does Borderless have in place?arget audience?

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Does Borderless provide customer support?

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Borderless is primarily for collective managers who want to build and grow thriving global collectives. It caters to a wide range of collectives, from investment groups and social clubs to professional networks.

Borderless is primarily for collective managers who want to build and grow thriving global collectives. It caters to a wide range of collectives, from investment groups and social clubs to professional networks.

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