Tanzania, May 19 -- Kigali. Tanzanian businessman Mr Edha Nahdi has challenged Africa's private sector to reduce reliance on foreign donors and take a leading role in financing the continent's future, warning that Africa risks slowing its own development if local companies fail to act.

Speaking at the 2026 Africa CEO Forum here, the Group Managing Director of Amsons Group said African firms must move beyond corporate rhetoric and become active players in healthcare financing, industrialisation and infrastructure development.

"We can no longer depend on external solutions," Mr Nahdi said during the summit, which brought together more than 2,500 business leaders, policymakers and investors from across Africa.

"The blueprint for Africa's ...