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African leaders push for financial reforms to cut bank dependence and grow equity markets.
Senior African officials and industry leaders at the 28th ASEA conference in Kigali called for sweeping reforms to reduce Africa’s reliance on bank financing—still over 70% of corporate funding—and expand equity markets.
They emphasized the need for innovation, regional collaboration, and stronger, interconnected exchanges to build resilient, modern capital markets.
Leaders urged African nations to not only meet but shape global financial standards to unlock the continent’s economic potential.
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Los líderes africanos presionan por reformas financieras para reducir la dependencia de los bancos y hacer crecer los mercados de acciones.