Building alliances: Why African countries must invest in each other

Francis Nasyomba, President of CFA Society East Africa. [Courtesy]

Africa, the world’s second most populated continent, according to World Map, with approximately 1.2 billion people, is the largest recipient of international multilateral aid and support from the IMF, UN and World Bank.

For years, Africa’s development has been headlined by foreign direct investments, grants and support from international bodies but not so much by Africans themselves.