<p>The present analysis examines whether the effect of investment-oriented remittances (IOR) flows on intra and external African manufactured exports depends on the amounts of Aid for Trade (AfT) that accrue to African countries. IOR flows are the portion of international remittances inflows used to create new firms or to facilitate venture funding access in the migrants’ home countries. AfT flows are resource flows that help developing countries (especially African countries) improve their participation in international trade. The analysis uses an unbalanced panel dataset of 47 African countries over the annual period from 2005 to 2021. It utilizes mainly the Seemingly Unrelated Regression estimator, and for robustness check, the two-step system Generalized Method of Moments. Empirical findings indicate that IOR flows are complementary with total AfT flows in promoting both intra and external African manufactured exports, although the magnitudes of these effects vary across different degrees of manufactures. These findings shed light on how important IOR flows are—including in complementarity with AfT interventions—for enhancing manufactured exports by African countries.</p>