Linked capital markets will sustain Africa’s growth, experts say

Integrated capital markets and a common cryptocurrency could help Africa nations sustain growth after the Covid-19 economic crisis, experts have suggested, citing the benefits of shared payment and seamless market systems.

Augustine Ujunwa, an economist at the West African Monetary Institute, said an efficient integrated capital market would be vital in raising debt to finance development needs especially at this time when traditional revenue streams have been stirred by the economic fallout from the pandemic.