Today's guest is Aigboje Aig-Imoukhuede, Chairman of Coronation Capital and former Group MD and CEO of Access Bank.
Aigboje is one of the most successful and esteemed businesspeople on the continent. In 2002, he led the acquisition of Access Bank, which under his 11-year leadership grew into the largest bank in Nigeria and one of the largest in Africa.
This wide-ranging discussion with the Chairman took place during the 2023 UN General Assembly in New York at an event hosted by the early-stage VC fund Microtraction, in which we were joined in conversation with Microtraction's Founding Partner, Kwamena Afful.
00:00 - Intro
02:59 - Banks as vehicles for economic empowerment
06:28 - Africa's credit gap
13:08 - Aigboje's view on transition
16:50 - The infrastructure for Africa's comparative advantages
19:22 - Africa's risk premium
25:12 - "Africa will solve its problems when it starts producing in Africa"
29:54 - Building digital economies
32:09 - One African currency?
38:21 - Engendering Africa's potential
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