"In Sub Saharan Africa, markets for risk management instruments are shallow and illiquid.
"Today's economic environment in Sub Saharan Africa is similar to the boom that preceded the bust in the debt crises in Africa and Asia in the 90s when western governments and banks wrote off billions of pounds of debt.
This drove rapid deterioration in both liquidity and costs of debt for developing countries including Sub Saharan Africa," Tyson said.
Citigroup's investment banking operations in Sub Saharan Africa
are headed by Miguel Azevedo.
The inclusiveness of growth is an issue underlying many of the core policy challenges facing Sub Saharan Africa. It features heavily in the IMF's recent Regional Economic Outlook for Sub Saharan Africa, to be released on April 24.
Muthoni Ngatia, Assistant Professor of Economics at Tufts University, noted that poverty reduction in Sub Saharan Africa remains slow in part because of shortcomings in the effort to emphasise agricultural development.
The discussion of Africa Rising will continue at the international conference on Sub Saharan Africa to be held by the IMF and the government of Mozambique in Maputo on May 29-30.
Materials was the most targeted industry in Sub Saharan Africa with $6.3 billion, or 50 per cent of activity.
Equity capital markets issuance in Sub Saharan Africa during the first nine months of 2012 reached $3.1 billion, down 36 per cent from the same period in 2011 ($4.8 billion).
JP Morgan topped the Sub Saharan Africa fee rankings for first nine months 2012, commanding 20 per cent of the total fee pool.