Economy: Africa Needs To Finance Her Growth -Emefiele

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The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says that Africa needs to finance her own growth.

Emefiele who said this at the Africa Finance Corporation (AFC) Live Infrastructure Solutions Summit held in Abuja, said that over the past two years, Africa had suffered crisis each with profound implications for the economies of the continent.

Emefiele, represented by his Deputy and Board Chairman of AFC, Dr Kingsley Obiora, said the COVID-19 crisis with its lockdown triggered off recession in most parts of the world, and that the crisis injected a fresh urgency for Africa’s rise in self-reliance on the manufacturing and processing of essential products.