J Mawuli Ababio of the AVCA discusses the widening range of financing tools available to businesses in an AfricaNews interview:
‘There has always been a recognition of the lack of long term funding in Africa. There is no question about that. A lot of the African private businesses have traditionally been run by short term loans from banks. Today Venture Capital and Private Equity is assuming increasing prominence as a financing tool in emerging market economies, (including those in Africa), to finance private and public sector requirements on the continent.
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