Africa Can Tap $1.1 Trillion From Investors for Growth, AFC Says

Lagos, Nigeria.

Photographer: Adetona Omokanye/Bloomberg

African institutional investors are sitting on $1.1 trillion in capital that could finance the region’s long-term infrastructure needs and power industrial growth, the Africa Finance Corporation said Thursday.

Pensions and insurance companies, sovereign wealth funds and public development banks are still channeling funds into “low-risk and short-term instruments instead of being channelled into the real economy,” according to the multilateral lender’s 2025 State of Africa’s Infrastructure Report.