Financial Sector Can Help Bolster Africa’s Economy, Panelists Say

Thursday, January 23, 2014

In a discussion on what the Africa of 2050 might look like, a number of participants took on the issue in different ways. Several on the panel, including practicing businessmen, argued that opening and supporting more foreign investment would naturally trickle down to the populace.

Perhaps the most staunch supporter of the view was Aliko Dangote, the Nigerian-born billionaire who controls an enormous commodities empire on the continent. For him, economic advancements like a continentwide common market would only help, as would helping industries like sugar take root.

Source: Dealbook - The New York Times (link opens in a new window)

Categories
Impact Assessment
Tags
financial inclusion, poverty alleviation, social impact