“Africa must finance its own development. It starts with how we mobilise domestic capital.” – Ibrahim Stevens, Deputy Governor, Bank of Sierra Leone
Domestic capital does more than support growth, it defines it. Africa’s long-term prosperity depends on mobilising local savings, pensions and investment flows through capital markets that align with national priorities and citizens’ aspirations.
When policymakers give domestic capital the same respect and returns as foreign investment, they deepen participation in local capital markets as constraints on development start to loosen and resources can more easily be channelled into infrastructure, enterprise and innovation.
Domestic capital anchors growth in local ownership, resilience and shared opportunity.
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