Africa’s journey towards meeting the Sustainable Development Goals (SDGs) hinges on developing effective domestic financial markets that provide affordable finance. Participants will explore ways to strengthen African capital markets through integration and cooperation, paving the way for increased liquidity and cross-border trading. “By developing domestic financial markets, African countries can reduce dependence on volatile foreign capital and manage capital flows more effectively.”The challenges are stark. As Africa grapples with debt distress and limited access to conventional lending markets, the development of vibrant domestic financial markets has become an imperative. The Conference will serve as a catalyst for actionable strategies to strengthen Africa’s financial markets and boost the continent’s economic growth.

Source: News Business Ethiopia November 20, 2024 15:09 UTC