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African Banks and Institutions must Lead on Urbanisation Finance – or Risk being Sidelined by Foreign Investors, says Pan-African banker
Windhoek, Namibia, 7 October – African banks and institutional investors risk losing out to foreign investors unless they take the lead on urban development projects, says Sepo Haihambo, a pan-African banker and former CEO of FNB Commercial Namibia. The comments follow EU data showing that towns and cities across the continent have rapidly expanded over the last 50 years. For Haihambo, this represents a golden opportunity for African banks to finance municipal growth, from housing to infrastructure…
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