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Natural capital, an option for African governments to finance Sustainable Development Goals
ABIDJAN (Capital Markets in Africa) — Africa must use all its comparative advantages to mobilize the resources it needs to finance its sustainable development ambitions. Since 2010, official development assistance has declined, falling to its lowest level of $34 billion in 2022, according to Organisation for Economic Co-operation and Development (OECD) estimates. Access to international capital markets remains constrained and costly due to investors’ perceptions of high risk. But the continent is not short of…
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