Inside Luanda’s high-stakes summit to direct Africa’s $100bn banking machine into the real economy

TechCabal | 03.11.2026 12:16
At AFIS 2026 in Luanda, Angola, leaders from the International Finance Corporation, Jeune Afrique, and the Angolan government delivered a stark consensus: Africa’s financial institutions are booking record profits, but until capital flows away from dollar-denominated debt and paper assets into local-currency credit, MSMEs, and infrastructure, continental growth will remain stuck.