I estimate that more than $400 billion of funds flow from consumers to businesses in Nigeria yearly. I also estimate that in rural Nigeria, more than 90% of those funds are non-credits (i.e. non-borrowed). In your village market, if $2 million exchanges hands on a big market day, all those funds are non-credits. Yes, we [...]The post From Kenya to Nigeria to All African Nations, It’s Time for CAPITAL, Not Just Money, to Drive Our Economies! appeared first on Tekedia.
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