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How private sector investment is boosting Africa’s economic growth

The funding vacuum in Africa’s project infrastructure sector and economic restrictions necessitated by the global COVID-19 pandemic have hugely impacted the continent’s economy. Interestingly, Africa’s blossoming private sector is proving its growth potential. While Chinese lending to the public sector in Africa reduced by about 75% percent from $28bn in 2016 to $7bn in 2019,…

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