Mobilizing Africa's Domestic Capital
Tony Elumelu, Chairman of UBA Group, has called for the urgent mobilization of Africa's estimated $4 trillion in domestic capital to address the continent's infrastructure and development challenges.
"It's estimated that we have over $4 trillion in domestic capital on the continent of Africa,"
Elumelu emphasized the need to unlock local capital through smart public-private partnerships, stating that this approach would not put additional strain on government budgets.
- Estimated $4 trillion in domestic capital available on the continent
- Mobilization of domestic capital to address infrastructure and development challenges
- Smart public-private partnerships to unlock local capital
Author's summary: Elumelu seeks to mobilize Africa's $4 trillion domestic capital for development.
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