High borrowing costs choking Africa’s infrastructure drive – Oyedele

The Punch | 23-09-2026 09:59pm |

Finance Minister Taiwo Oyedele stated that high financing costs, currency risks, and limited capital are constraining Africa's infrastructure and development needs. He identified these factors as major obstacles to the continent's ability to fund and execute key projects. The remarks highlight ongoing challenges in mobilizing affordable capital for development across Africa.

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