In our latest capital markets progress report, we offer a comprehensive showcase of our impactful work in transforming Africa’s capital markets. This report highlights pivotal milestones, including:
- Catalysing $1.2 billion in sustainable local currency capital
- Launching the Dhamana Guarantee Company to enhance credit access
- Issuing Tanzania’s first water bond for essential infrastructure funding
- Establishing the Pan African Fund Managers Association (PAFMA) and Africa Pensions Supervisors Association (APSA) to drive market collaboration
Why capital markets matter:
Capital markets are central to sustainable growth in Africa, providing the essential financing that powers both public and private sector initiatives. They enable funding for crucial global issues like climate change and biodiversity preservation while diversifying financial services beyond banking. By prioritizing local currency capital markets, Africa’s economies can mitigate currency risks, build resilience, and reduce vulnerabilities to external economic shifts.
Key focus areas:
- Addressing social challenges: The financial sector is a powerful driver for tackling poverty, gender inequality, climate change and biodiversity loss.
- Bridging Africa’s financing gap: We play a crucial role in mobilising private capital and strengthening local markets to meet Africa’s urgent funding needs.
- Making finance work for Africa: Dedicated to creating resilient financial ecosystems, we provide the tools and resources needed to drive meaningful, sustainable development at scale.
