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Unlocking the economic potential of internally displaced persons in Africa; private sector solutions

The article from BusinessDay discusses the economic potential of Internally Displaced Persons (IDPs) in Africa and how the private sector can play a pivotal role in their empowerment. It highlights that IDPs, often seen merely as recipients of aid, possess untapped skills and entrepreneurial spirit which, if harnessed, could contribute significantly to economic development. The piece suggests that private sector involvement can lead to job creation, skill development, and economic inclusion through initiatives like vocational training, microfinance, and inclusive business models. It emphasizes the need for partnerships between governments, NGOs, and businesses to create sustainable solutions that not only aid IDPs but also integrate them into the broader economy, thereby reducing dependency on aid and fostering self-reliance. The article calls for innovative approaches to unlock this potential, advocating for policies that encourage private investment in IDP communities, ultimately aiming to transform these individuals from being economic burdens to active participants in economic growth.

Read the Full businessday Article at:
[ https://businessday.ng/news/article/unlocking-the-economic-potential-of-internally-displaced-persons-in-africa-private-sector-solutions/ ]