NAIROBI, Aug. 23 (Xinhua) -- The United Nations said Tuesday that it will help African countries to develop their capital markets to accelerate economic development.
Sonia Essobmadje, chief of the Innovative Finance and Capital Markets Section with the Private Sector Development and Finance Division at the United Nations Economic Commission for Africa (UNECA), told Xinhua in Nairobi, the capital of Kenya, that capital markets in the continent are underdeveloped which limits the funding available for the private sector and public projects.
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