Africa: To Finance Africa at Scale, Build Its Capital Markets at Home

In an interview for the RootsToFoods Capital Series, Wasim Tahir, Senior Advisor at ODI Global and former director at British International Investment, explains that to mobilize private capital into emerging markets, building deep domestic markets and national development banks is crucial. Tahir emphasizes that most of the necessary instruments already exist, but their success depends on precise targeting. He also discusses BII’s shift to an originate-to-share strategy, exemplified by its first secondary loan sale in Uganda, mobilizing $30 million of private capital.