However, there is a need to addressthe continent’s major socio-economic challenges, with the financial sector at the forefront. In order to accelerate Africa’s structural transformation, the continent needs to close an annual financing gap of $402.2 billion by 2030. The best financiers of Africa’s future are those focusing on Africa’s largest economic engines/sectorswith the aim of sparking large-scale and long-term change. These range from climate financing,agriculture/food security, business seed capital, SMEs, cross-border trade, health, ICT and Innovation, and renewable energy, etc. Who are some of the multinationals financing Africa’s future?

Source: The North Africa Journal November 05, 2024 17:54 UTC