Africa Must Tap $120trn Global Capital To End Dependency On Aid – Oyedele

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has urged African nations to aggressively reposition themselves to attract a share of the more than $120 trillion in global private capital currently seeking investment opportunities.
He argued that the continent’s future prosperity cannot be built solely on foreign aid or borrowing.
Oyedele made the remarks in a post on his official X handle on Wednesday night, reflecting on the key conversations that dominated the recently concluded Africa Forward Summit held in Nairobi, Kenya.
The summit, which gathered African finance ministers, development economists, and multilateral officials, placed the reform of th...