On this particular round-up episode, we converse to 3 distinguished attendees of the 2022 African Improvement Financial institution Annual Conferences. The theme, “Attaining Local weather Resilience and a Simply Power Transition for Africa”, options all through as our friends speak us via their hopes, fears and aspirations for growth on the continent.
Attracting extra finance to Africa
Omar Ben Yedder, group writer and managing director at IC Publications, kicks off along with his tackle the Annual Conferences. He relays the challenges of attracting extra growth finance to the continent amidst myriad financial and monetary pressures, offers us his highlights from the African Banker Awards and displays on the upbeat, defiant tone of this 12 months’s conferences (take heed to minutes 2:12-14:48 of the podcast).
Closing Africa’s infrastructure hole
Solomon Quaynor, African Improvement Financial institution vice chairman for personal sector, infrastructure and industrialisation, highlights Africa’s enormous infrastructure hole, laying out a strategic imaginative and prescient for a collection of linked, transcontinental initiatives to assist compress worth chains and drive industrialisation.
He additionally speaks in regards to the so-called “African threat premium“, claiming that the maturation of the continent’s monetary structure alongside the robust efficiency of present investments might imply this premium is lastly eroding (take heed to minutes 14:48-41:02 of the podcast).
Combating local weather change and forging a brand new financial course for Africa
Professor Kevin Urama, the Financial institution’s performing chief economist, rounds out the episode with a wide-ranging overview of financial and environmental developments on the continent. He’s frank in regards to the existence of a “triangle of catastrophe”, however is constructive that Africa’s monetary establishments and mechanisms, in addition to its strong productive base, make it extra economically resilient than many suppose.
He speaks passionately and urgently about the specter of local weather change, and descriptions a framework for the decoupling of financial progress from environmental degradation. He concludes with a problem – for Africa to chart its personal financial course (take heed to minutes 41:03-1:25:04 of the podcast).
Host: Angus Chapman
Govt producer: Dr Desné Masie
Co-producer: Peter Doerrie
Researcher: Angus Chapman
Digital Editor: Charles Dietz
Design: Jason Venkatasamy
Music: Company Uplifting Chill by MusicLFiles