July 10, 2019
Robert Kiyosaki said, “Financial freedom is available to those who learn about it and work for it.” Of course this statement rings true when we consider financial giants in the world today.
No economy is able to survive without some level of financial freedom, not even a continent as big and resilient as Africa.
In view of this, when the African Development Bank (AfDB) launched the African Financial Markets Initiative (AFMI) as part of its strategy to develop the financial markets sector in Africa in 2008, it was one of the best things that could happen for Africa.
I see that, 10 years from now, becoming the natural thing to do, where you can invest in the bond market, not just in your country, but the ability to do it internationally as a retailer.
Ten years down the line and the dividends of that launch begin to surface. Reviewing the progress, the AfDB, to further develop and strengthen the domestic bond market hosted a successful workshop in Zambia last week designed to help delegates and attendees understand how far the AFMI has come, the road ahead, and what still needs to be done.