How can high capital costs in low- and middle-income countries be brought down?
The soaring cost of capital for many low- and middle-income countries, particularly in Africa, is one of the most urgent and overlooked development challenges.
High borrowing costs are hindering vital investments in energy, infrastructure, food security and public services – threatening development progress and deepening global inequality.
But this decisive year for Africa could present opportunities for reform. South Africa is hosting the G20 Presidency – a first for an African country – whilst the next African Development Fund replenishment is due in November.
In this critical moment…
The skinny
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