From stronger borrower coordination to stronger business financing: Credit Africa’s contribution to advancing Africa’s voice in global debt governance and development finance.
Credit Africa is honored to have participated in the African Union Commission’s dialogue on “The Borrowers’ Platform: Strengthening Africa’s Voice in Global Debt Governance and Development Finance.”
https://unctad.org/topic/debt-and-finance/borrowers-platform
We commend the African Union Commission and UNCTAD for creating a borrower-led platform that strengthens coordination, knowledge sharing, technical capacity, and engagement in global financial discussions.
At Credit Africa, we believe this initiative represents more than a debt governance reform. It is an opportunity to connect sovereign financing discussions with the real economy and the businesses that drive Africa’s growth.
Our position is clear:
✅ A stronger borrower voice must be matched by stronger productive-sector financing.
✅ SMEs, youth-led enterprises, women-owned businesses, agribusinesses, and manufacturers must be central to development finance strategies.
✅ Africa’s debt and development finance agenda should directly support job creation, industrialization, innovation, and economic resilience.
According to global development institutions, SMEs account for over 90% of businesses worldwide, generate approximately 70% of employment, and contribute around 50% of GDP. Yet many African enterprises continue to face significant financing barriers.
Credit Africa is therefore proposing stronger collaboration among governments, development finance institutions, investors, central banks, and private sector stakeholders to ensure development finance reaches productive sectors across Africa.
As part of this vision, Credit Africa seeks to serve as an SME Gateway, helping identify viable enterprises, strengthen investment readiness, improve transparency, and connect African businesses with local and international capital partners.
Africa needs not only a stronger voice in global debt governance but also stronger mechanisms that connect capital to businesses, projects, and communities capable of transforming economies.
We welcome partnerships with policymakers, DFIs, investors, family offices, private equity firms, banks, and development organizations committed to Africa’s sustainable growth.
Visit: creditafrica.org
#CreditAfrica #AfricaDevelopment #DevelopmentFinance #BorrowersPlatform #AfricanUnion #UNCTAD #SMEs #Investment #ImpactInvesting #PublicPrivatePartnerships #EconomicGrowth #AfricaRising #TradeFinance #Infrastructure #Industrialization
