African institutions holding the continent's savings should anchor the transactions that follow. Whether the momentum converts depends on who shows up, and what they bring.
By
Emmanuel Kombe Nzai
Chairman
Kenya Vision 2030 Delivery Board
Africa's investment story is usually told as one of scarcity. The more interesting truth is misallocation. The African Development Bank's African Economic Outlook 2024 puts the continent's annual development financing gap at more than $400 billion, yet African institutional investors hold trillions of dollars in assets, much of it in low yield instruments.
African economies will not be able to meet their development goals unless they can mobilize their own resources. But to do that,…
But the continent will not be able to do this at scale without having credible rules, institutional independence and effective…
Africa is investing heavily in infrastructure. Across the continent, governments, development finance institutions, private…
Africa’s next phase of growth will not be determined only by the scale of its opportunity, but by the terms on which it can…
Gomez Agou notes that the continent currently lacks three key elements of financial intelligence.
Hippolyte Fofack proposes a redesign of the financial system so that it no longer costs the continent more to borrow less.
