Summit Calls For Local Value Creation, Domestic Capital To Drive African Resilience

The African Private Capital Association (AVCA) has called to fund hard infrastructure, shift from extraction to local value creation, and mobilise domestic capital.
The Association stated this at its Sustainable Investing in Africa Summit in London.
Against a backdrop of macroeconomic volatility and geopolitical fragmentation, industry leaders said Africa is no longer merely a destination for development finance but a strategic arena essential to solving global supply chain and energy transition challenges.
The chief executive officer of AVCA, Abi Mustapha-Maduakor said, “while sustainability is being questioned, redefined, or deprioritised in some parts of the world, it has never b...