Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital

Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital

Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent’s highest-growth businesses.

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