Africa’s Funding Conundrum – A Global Concern?
COVID-19 has not only brought the financial challenges facing the world to the forefront of everyone’s minds, but has shed a particular lens to the dire situation many African economies and companies face. Already we have seen high debt levels, now exacerbated by commodity price declines, currency woes and investor flight to safe haven assets; Africa perhaps faces a credit crisis of epic proportions. Invest Africa’s Insights into ‘Africa’s Funding Conundrum’ webinar disscusses the role of multilaterals to provide liquidity support and credit enhancements to the continent . Globally we have seen central banks and governments alike flooding their economies with unprecedented levels of support and stimulus; will Africa benefit or be left to its own designs? Can Africa weather this without immediate and sustained support from the global institutions. In partnership with Jersey Finance.
