East African Leaders Call for Stronger Collaboration to Align Capital with Development Goals
East African Leaders Call for Stronger Collaboration to Align Capital with Development Goals
Hosted by Stanbic Bank (Tanzania, Kenya, Uganda), the East Africa Institutional Investors Forum in Arusha gathered regulators, pension funds, banks, ministries, and development financiers to discuss mobilizing institutional capital for infrastructure. Focus aligned with Tanzania’s Vision 2050 and EAC Vision 2050.
Speakers emphasized the opportunity to unlock long-term savings from pension funds and institutional investors for transformative projects in energy, housing, water, transport, and digital connectivity.
“There is a growing alignment between public sector development goals and private sector capital flows,” Aboubakar Massinda, EVP for Energy and Infrastructure at Stanbic Bank Tanzania, was quoted as saying by media.
Participants praised ongoing reforms to deepen capital markets and enable effective public-private partnerships. Development finance institutions committed to supporting government efforts with concessional finance and technical assistance.
With infrastructure financing needs estimated at over $42 billion, the forum marked a clear step toward coordinated, sustainable investment in East Africa’s future.
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