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AfDB targets $4trn domestic capital to close Africa’s financing gap
The African Development Bank (AfDB) is engaging financiers on a strategy to mobilise about $4 trillion in untapped domestic capital across Africa to help fund the continent’s development needs, as the region grapples with an estimated $400 billion annual financing…
From subsidy shock to debt trap: Tinubu’s reforms meet rising debt wall
Sopuruchi Onwuka President Bola Tinubu’s declaration that the worst pains of his economic reforms are over is being tested by a debt burden that has continued to expand, potentially extending fiscal pressures even as the government shifts its emphasis towards…
Lagos gov., Sanwo-Olu, others advocate alternative financing as Nigeria’s growth engine at AltBank’s ‘Beyond Interest’ forum
From left): Korede Demola-Adeniyi, Executive Director, The Alternative Bank (AltBank); Babatunde Raji Fashola, former Governor of Lagos State & former Federal Minister of Works and Housing, and Abubakar Suleiman, Non-Executive Director, Sterling Financial Holdings Company Plc at AltBank’s ‘Beyond Interest’…
