Africa stands at a pivotal era in its development trajectory. With a rapidly growing population, an increasingly youthful demographic, and vast untapped resources, the continent is poised for transformative growth. However, realising this potential hinges on access to finance. This is where blended finance comes in, offering a pragmatic solution to bridge the funding gap that has long hindered Africa’s progress. Blended finance combines concessional funding from public or philanthropic sources with commercial financing to support development projects. By blending these two types of capital, projects that might otherwise be deemed too risky for commercial investors become viable. Follow…
Author: By Kariuki Ngari
Africa stands at a pivotal era in its development trajectory. With a rapidly growing population, an increasingly youthful demographic, and vast untapped resources, the continent is poised for transformative growth. However, realising this potential hinges on one crucial factor: access to finance. This is where blended finance comes in, offering a pragmatic solution to bridge the funding gap that has long hindered Africa’s progress. Blended finance combines concessional funding from public or philanthropic sources with commercial financing to support development projects. By blending these two types of capital, projects that might otherwise be deemed too risky for commercial investors become…