From Kenya to Nigeria to All African Nations, It’s Time for CAPITAL, Not Just Money, to Drive Our Economies!

From Kenya to Nigeria to All African Nations, It’s Time for CAPITAL, Not Just Money, to Drive Our Economies!

Tekedia | 27-06-2024 05:16am |

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.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.