USAID launches African diaspora marketplace III


u.s. agency for international developmentThe U.S. Agency for International Development (USAID) and Western Union have launched the third round of the African Diaspora Marketplace (ADM III), USAID said in statement issued on Tuesday in Washington DC, United States.According the statement, ADM III is an initiative that promotes sustainable economic growth and job creation in Africa by supporting African diaspora entrepreneurs.

It said to mark the launch of ADM III, Liberata Mulamula, the Ambassador of the United Republic of Tanzania to the United States, hosted a reception in collaboration with USAID and Western Union on Monday October 27, 2014.

Established in 2009 by USAID and Western Union, ADM aims to encourage sustainable economic growth and employment by supporting African diaspora entrepreneurs.

ADM entrepreneurs are individuals with demonstrable connections to or experience in Africa, and who have innovative and high-impact start-ups or established businesses on the continent.