United Nations Under-Secretary General Songwe on Future of African Capital Markets

The video discusses the Liquidity and Sustainability Facility, a concept designed to help emerging and frontier markets reduce debt costs by addressing market distortions and liquidity premiums. The facility aims to create a repo market similar to those in the US and Europe, allowing bonds to be made liquid quickly. The discussion includes practical steps for implementation, such as securing funding from special drawing rights and promoting sustainability and green growth. The video also highlights Africa's economic needs post-pandemic, emphasizing job creation, economic diversification, and embracing the digital economy.

How can the liquidity and sustainability facility help in reducing the cost of debt for emerging markets?

What are the three key things needed to enforce the liquidity and sustainability facility?

What are the main economic needs of Africa post-pandemic as discussed in the text?