We can highlight several key points:
* A win-win exchange: Circular migration offers mutual benefits to countries of origin, host countries and migrants themselves.
* A transfer of skills: Migrants bring their knowledge and know-how to their host country, while acquiring new skills that they can reinvest in their country of origin.
* A virtuous economic circle: Migrants’ income often supports their families back home, thus stimulating the local economy. Upon returning home, they can create businesses or take on managerial positions, thus promoting economic development.
Indeed, circular migration opens up many opportunities, including:
* For businesses: Businesses can benefit from the diversity of skills and perspectives that migrants bring, while having access to a qualified and flexible workforce.
* For countries of origin: Circular migration helps combat unemployment, stimulate the local economy and strengthen ties with diasporas.
* For host countries: Migrants help fill the need for skilled labor and boost certain economic sectors.
It is important to note that circular migration also offers opportunities to develop new business models, particularly in the following areas:
* Services for migrants: There is a growing need for support, advice and guidance services for migrants, at all stages of their journey.
* Remittances: Remittances from migrants represent a significant market, with many opportunities for companies specializing in this field.
* Investment: Returning migrants can be an important source of investment for local companies.
In conclusion, circular migration is very relevant. It is a model that offers many advantages and deserves to be further encouraged and supported.
I think that the Africa Canada show can be a great opportunity to set up a circular mobility program for Cameroon and many other African countries
YannicK KOUNGA