Nigerian Social Entrepreneur, Subomi Plumptre, Joins Global African Descendants Social Entrepreneurship Network


Subomi Plumptre, a Nigerian social entrepreneur helping middle-class Africans and Diasporans create wealth, was recently selected as one of 100 participants from 27 countries in the African Descendants Social Entrepreneurship Exchange Program. The U.S. State Department-sponsored program took place in Baltimore, MD between March 12 to 15, 2023, and was implemented by World Learning.

On December 13 2022, the United States hosted the African and Diaspora Young Leaders Forum to strengthen conversations between American officials and the global diaspora in the United States. At the event, Vice President Kamala Harris announced a provision “to engage social entrepreneurs of African descent globally, and to launch the African Descendant Social Entrepreneurship Network – a tool for leaders to share best practices for economic prosperity through social entrepreneurship, and to collaborate with like-minded partners.”

The African Descendant Social Entrepreneurship Workshop was organised in line with this mandate, and in support of the UN International Decade for People of African Descent. By bringing together social entrepreneurs who know the social problems of their home countries, the network is able to facilitate region-specific solutions.

“I am honoured to have my work as a social entrepreneur in the finance industry
recognised through this invitation to attend the Workshop and to contribute to the
creation of the inaugural global Network,” said Subomi Plumptre, co-founder of Volition
Blue USA and Volition Cap Nigeria. “My current work champions the financial
independence of Diasporans everywhere through an African-born social cooperative

Subomi expressed hope that the African Descendants Social Entrepreneurship
Network, once deployed fully, will improve the adoption of social entrepreneurship in
Africa as a sustainable model for economic growth.

About Subomi Plumptre

Subomi Plumptre is working to bring financial prosperity to the African & Diaspora middle class through her role as co-founder of Volition Blue (USA) and Volition Cap (Nigeria). She believes this socio-economic group is critical to driving economic growth, and designed a fund management model that leverages traditional African cooperatives. Her innovative approach earned her a licence from the Nigerian Securities and Exchange Commission, making her one of few female CEOs in the asset management industry.

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