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However, challenges in accessing financing, particularly for small and medium-sized enterprises , continue to hinder this potential. A recent report by the International Finance Corporation , the private arm of the World Bank Group, sheds light on the current state of financing in Africa, offering insights into the obstacles and opportunities that lie ahead.
Transparent governance, on the other hand, is equally critical. It builds the confidence of international investors by assuring them of the integrity and reliability of the business and regulatory environments within African countries. Together, education in financial matters and a commitment to transparent operations can revolutionise the investment landscape in Africa.
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