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Farihan Alhassan urges African banks to rethink risk to unlock growth capital

Farihan Alhassan urges African banks to rethink risk to unlock growth capital

By GhanaSummary Newsroom

Managing Director of GCB Bank PLC, Farihan Alhassan, has called for a shift in Africa’s economic development strategy, arguing that the continent’s financing challenges are less about capital scarcity and more about building the right risk structures to attract investment at scale.

Speaking on the theme, Strategic Convergence: Aligning Global Capital with Africa’s Growth Imperatives, Farihan said Africa’s ability to attract sustainable long-term investment depends on how effectively governments, financial institutions and development partners work together to de-risk opportunities and create more predictable investment environments.

According to him, unlocking even a small share of these funds for infrastructure and private sector development could significantly transform Africa’s investment landscape and reduce overdependence on external capital.

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