ADM News and Updates

Welcome to the ADM News and Updates page. Check back often as we add new items

LDM informational webinar read more>>

8 April 2013: USAID and Western Union Launch the Libya Diaspora Marketplace! read more>>

15 March 2013: Installation of a Power Pallet Biomas Generator at Booker Washington Institute, Liberia read more>>>

19 Nov 2012: BOI, Western Union and USAID Hold SME Live-Banking Forum read more>> 

17 Nov 2012: The Tony Elumelu Foundation, Western Union and USAID host the African Diaspora Marketplace Investment Event read more>>

23 July 2012:  USAID's Impact Blog profiles the ADM II in the post Pioneering African Entrepreneurship on Display at Diaspora Marketplace.

3 July 2012: Read ADM II Awrdee Pork Delights feature in Kenya's Business Daily newspaper here.

12 July 2012: Watch Global Culture TV's “Green Life Show”'s coverage of the ADM II here.

2 July 2012: Watch VOA's Paul Ndiho reports on the second African Diaspora Marketplace Competition with 17 African entrepreneurs here.

12 June 2012: Please read the ADM II Finalist Update for information about the companies that will exhibit at the Diaspora Marketplace event. Also, check out the most recent ADM II Fact Sheet and the Diaspora Marketplace schedule.

5 June 2012: Read Africa.com's coverage of the ADM II: "Business Competition Opening New Doors for African Diaspora Entrepreneurs" and "African-Focused Ventures to Competete for Grant Money at the African Diaspora Marketplace in D.C." here.

2 March, 2012: Read about the ADM deadline extension here.

The deadline for ADM II applications has been extended to March 2nd and Ecobank is now a sponsor!

1 September, 2012: Read a profile of Tony Elumelu, ADM II sponsor and founder of the Tony Elumelu Foundation, on Forbes.com here.

13 December, 2012: Watch the ADM II Virtual Press Conference or listen to a podcast of it.

December 2012: Listen to an extensive interview on BBC Francofone with Aida Diarra, Western Union Regional Vice President, West Africa

27 December, 2012: African diaspora marketplace pour le partenariat en Afrique from Afrik.com

Western Union lance la seconde édition de l’African Diaspora Marketplace from Les Afriques on page 7

USAID and Western Union Add Libya and Tunisia to the Second African Diaspora Marketplace This article is also available in French here.

Check out the ADM II Press Release.

29 November, 2011: AllAfrica.com interview with Western Union Vice President Barbara Span about ADM II "Western Union Offering Support for Diaspora Entrepreneurs"

July 2011:  Modern Pharmaceuticals CEO Ashifi Gogo specifically highlighted the USAID $100K grant that Sproxil received as a winner of the USAID-WU ADM business plan competition.

21 February, 2011: IBM SmartCamp Sproxil

18 February, 2011: Sproxil: Technology Transforming Africa

2 February 2011: Sproxil and IBM

31 January, 2011: IBM investing in Sproxil

31 January, 2011: Spoxil is one of the American start-ups working with IBM

30 January, 2011: Sproxil -- Is Fee-For-Service Better Than Free For Global Health And Development?

29 January, 2011: AACE Food Processing & Distribution Ltd and Mrs. Nwuneli highlighted

18 January, 2011: Sproxil Eyes VC Funding and New Customers for Its Technology for Fighting Medication Counterfeiting

3 January, 2011: Solar Ovens helps not only in Uganda but also in Haiti

21 December, 2010 Solar Ovens To Launch Next Year in Uganda Through Diaspora Business

16 December, 2010: Sproxil won the $10,000 People's Choice award for its drug-intelligence software

1 December, 2010:  A New Fast-Ferry System For Lake Victoria, Pioneered by Earthwise Ferries

November 2010: Tek Consulting: Cooking Solar Ovens Manufacturing

November 2010: E & M Capital Tek Corporation: Uza-Mazao

November 2010: Sproxil Takes on Africa's Drug Counterfeiters

11 October, 2010: Global Tracking's Device to detect trucks' whereabouts, speed

November 2010: ADM: New Research and Program Sheds Light on Entrepreneurs’ Motivations

October 2010: ADM Grantee: Earthwise Ferries Uganda Ltd.

September 2010: ADM Grantee: Uza-Mazao -- from E & M Capital Tek Corporation in Kenya

Febuary 2010: USAID Frontlines: African Diaspora Marketplace Gives $1.4 Million to Winners

21 January, 2010: Reuters print and video stories on the African Diaspora Marketplace

19 November, 2009: African Migrants Invest in Their Home Countries (America.gov)

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ADM Updates

Welcome to the ADM News and Updates page. Check back often as we add new items. 

Cape Verde is now part of the ADM program! Please click here to see a picture of Ambassador of Cape Verde to the US Fatima Veiga and the ADM Team.

LDM FAQs read more>>

LDM press release - Arabic read more>>

8 April 2013: USAID and Western Union Launch the Libya Diaspora Marketplace! read more>>

Cape Verde is now part of the ADM program!

15 March 2013: Installation of a Power Pallet Biomas Generator at Booker Washington Institute, Liberia read more>>

19 Nov 2012: BOI, Western Union and USAID Hold SME Live-Banking Forum read more>> 

17 Nov 2012: The Tony Elumelu Foundation, Western Union and USAID host the African Diaspora Marketplace Investment Event read more>>

Watch Global Culture TV's coverage of the ADM II here.


Since its inception the African Diaspora Marketplace has supported SME development throughout Africa, with programs such as:

  • ADM I, a business plan competition which provided matched grant funding for 14 SMEs in 7 countries (2009-2010)
  • ADM II, a business plan competition which has provided matched grant funding, technical assistance and linkages to other sources of financing for ADM participants (2011-2012)
  • Tony Elumelu Foundation (TEF) 2nd Round Investment event, provided the opportunity for 17 SMEs to pitch their businesses for equity and social impact investment (2012)
  • Bank Of Industry (BOI) ADM Live Banking Forum, created access to 8 competing Pan-African banks for entrepreneurs to pitch their business plans for SME loans and other financing (2012)
  • Libya Diaspora Marketplace (LDM), encouraging SME growth and employment following a time of change (2013)
  • TEF and BOI ADM financing events, details to be announced for November 2013

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