Global capital markets hold $300 trillion. Africa mobilizes cents on every development dollar. The answer lies not in more money but in making the continent's projects worth funding.
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FTSE Russell has restored Nigeria's Frontier Market status. The celebration is real. But the narrative that Nigeria is "back" obscures a more complex and consequential picture.
Nigeria's 853 kilometres of coastline and vast Exclusive Economic Zone represent one of the most underutilised economic frontiers on the continent. The question is one of leadership.
The number is almost too large to hold in the mind. But something has changed in the past 18 months. The smart money is no longer merely acknowledging the gap — it is beginning to move toward it.
There is a story the world has been telling about Africa for a very long time. WealthAfrica exists because that story is wrong. Not incomplete. Not unbalanced. Wrong.
The selection of the next UN Secretary-General is a test not of one man, but of whether Africa can resist the familiar pull of fragmentation and act with the unity its ambitions require.
The Africa Expert Panel's proposal to sell IMF gold for debt relief is economically sound, historically precedented, and almost certainly dead on arrival. The gap between those two realities tells us everything.
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