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Interview With Stefan Nalletamby, Director, Financial Sector Development, AfDB

Interview With Stefan Nalletamby, Director, Financial Sector Development, AfDB

The African financial sector is desperately in need of a shot in the arm as it continues to grapple with the legacy of banking systems and financial markets. Development of this sector can play a key role in providing a much-needed engine of domestic growth. Discussions during the African Development Bank's 2015 Annual Meeting, from May 25-29 in Abidjan also focus on SMEs contributions to growth, especially on increasing private sector involvement in creating wealth. AfDB's Financial Sector Development Director, Stefan Nalletamby, has analyzed constraints and opportunities for the financing of SMEs in Africa. Excerpts.

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