Call to Strengthen Mobilisation of Domestic Capital for Infrastructure Projects

TLDR

• The call was made during a high-level panel discussion titled “Champions of Change: Conceived by Africans, Led by Africans,” held as part of the ongoing Africa50 Annual General Shareholders Meeting and Africa.
• The session was moderated by Africa50 Chief Executive Officer Alain Ebobissé, who underscored the importance of African-led financing solutions in accelerating the continent’s infrastructure development agenda.
• DAR ES SALAAM: AFRICAN nations have been urged to strengthen the mobilisation of domestic capital to finance infrastructure projects as part of efforts to reduce dependence on external funding, while improving the.
• Panellists observed that Africa’s infrastructure gap is driven not only by limited financial resources but also by a shortage of bankable projects, persistent perceptions of high investment risk and underdeveloped.
• They further noted that expanding domestic investment would enable African countries to make better use of their savings and financial resources to fund critical infrastructure, enhance economic competitiveness.