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Makhtar Diop, industry influencer, argues that deepening local capital markets is essential for creating jobs and promoting growth.
He highlights how securitization in West Africa is enabling institutional investors to provide capital to small and medium-sized enterprises, unlocking new opportunities and supporting growth at scale.
Diop previously highlighted Pakistan’s continued commitment to reforms focused on business and private capital investment. He also announced the World Bank’s $1.5 billion commitment to Egypt, targeting key sectors such as energy and infrastructure, during the past fiscal year partnership. The recent comments reflect an ongoing emphasis on using financial tools to support development across different markets.