Slowly but surely, Africa is beginning to take control of sourcing and shaping its capital from its own resources, rather than relying on the ‘goodwill’ of others. This will be a major step forward but a good deal of work is still needed to bring it about, not only for continental Africa but Global Africa, including the diaspora. This is an edited version of Prof. Abor’s paper. Africa’s relationship with global capital is evolving from aid dependency to assertive investment partnerships. While geopolitical competition presents both risks and opportunities, the continent is beginning to shape the narrative, seeking capital that supports inclusive growth, sustainability, and value addition, rather than extractive arrangements. In recent years, Africa has increasingly become a strategic frontier for global capital. With growth slowing in developed markets, investors have turned to emerging and frontier markets, and Africa, with its youthful population, vast natural resou...
