Economics
Jun 30, 2026
Capitalizing multilateral development banks in Africa is a strategic investment in the continent’s economic transformation. To mobilize adequate funding will require leveraging domestic savings, pursuing monetary integration, using innovative financing mechanisms, and strengthening regional capital markets.
Source:
www.project-syndicate.org
WASHINGTON, DC—Boosting the capital base of multilateral development banks (MDBs) in Africa has been a perennial problem. Finding a solution—which has taken on new urgency as international development institutions continue to scale down concessional financing—requires examining the underlying causes.