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Africa’s $400b financing gap persists despite huge capital pool

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Africa’s $400b financing gap persists despite huge capital pool

08 Oct, 2026

 

Africa’s financing gap has risen above $400 billion despite substantial capital in the continent, highlighting the difficulty of connecting investors with bankable businesses and infrastructure projects capable of driving economic growth, the International Finance Corporation (IFC) has said. Principal Investment Officer at the IFC, Dafe Oraka, disclosed this in Lagos at a media parley organised by the IFC and Africa Financial Industry Summit (AFIS) ahead of sixth edition of its summit scheduled for November in Luanda, Angola......................................READ MORE