Africa’s high cost of borrowing creates a vicious cycle of higher taxes, social unrest and limited investment in the just energy transition.
Kenya’s #RejectFinanceBill2024 protests were indicative of this trend. (Photo by LUIS TATO/AFP via Getty Images)
Africa needs economic pioneers. Without clear and decisive leadership to address the high cost of capital and find innovative solutions to economic stagnation, the continent will be left behind in the 21st century.
“Can Africa claim…