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IFC’s $22 Billion Africa Push Runs Up Against Shallow Markets

Source: Bloomberg

Emerging MarketsPrivate Markets & VentureBanking & Liquidity

A World Bank private-sector arm official called for development lenders, governments and regulators to deepen African markets, with the goal of attracting $10 in commercial capital for every $1 deployed. The article reports a policy objective, not a completed funding outcome.

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