Financing Africa’s Future

The Missing Middle in Africa’s Capital Markets


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Africa is not short of capital; it is often a question of how that capital is deployed.

In this episode of Financing Africa’s Future, Chinua Azubike, Chief Executive Officer of InfraCredit, reflects on the practical steps needed to channel domestic institutional capital into infrastructure and other productive sectors.

Drawing on InfraCredit’s experience, the conversation explores how credit guarantees and risk-sharing tools are helping to make infrastructure projects more accessible to pension funds and insurers, particularly in local currency. It also considers some of the structural constraints that continue to shape investment decisions, including risk perception and market design.

The episode offers a measured look at how capital markets can play a more consistent role in supporting long-term development across Africa.


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Financing Africa’s FutureBy FSD Africa