UBA Launches White Paper to Unlock $4 Trillion Idle Capital in Africa
UBA unveiled a white paper aimed at unlocking $4 trillion idle domestic capital in Africa to address economic barriers like chronic electricity deficits. The document titled "Bank Africa's Future: Unlocking Capital for Partnership and Sustainable Growth" was released during the 2025 IMF-World Bank annual meeting in Washington D.C.
The white paper emphasizes the need to realign policies to attract investments, especially from pension funds, towards critical sectors like infrastructure, energy, and digital inclusion. Tony Elumelu highlighted the importance of addressing Africa's capital fragmentation and lack of access to capital for development.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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