Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Why it makes sense to look inward for funding
If the global financial architecture refuses to evolve, then Kenya’s decision to bring in the architect of Africa’s emerging financial order is not merely a policy choice; it is an act of necessity.
Many observers did not fully grasp the symbolism and significance of the appointment of Benedict Oramah as chairman of the Governing Council of Kenya’s newly created National Infrastructure Fund earlier this year.
Prof Oramah is not merely a distinguished name for a letterhead; he is the architect of the most consequential experiment in African financial self-reliance of the last decade. Under his leadership, African Export-Import Bank’s balance sheet grew almost eightfold, from $6 billion to nearly $44 billion by the time he concluded his tenure in October 2025.
