WASHINGTON, DC - APRIL 16: (L-RLesetja Kganyago (Governor - South African Reserve Bank) and Alexis Akwagyiram (Managing Africa Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Gina Chua (Executive Editor at Large - Semafor) and Ryan Rippel (CEO - NextLadder Ventures) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Lesetja Kganyago (Governor - South African Reserve Bank) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Gina Chua (Executive Editor at Large - Semafor) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: (L-RLesetja Kganyago (Governor - South African Reserve Bank) and Alexis Akwagyiram (Managing Africa Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

Roger Lynch, CEO of Conde Nast, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Roger Lynch, CEO of Conde Nast, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Roger Lynch, CEO of Conde Nast, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)