Around US$3.9 trillion is needed to fund the SDGs every year for the next 12 years and it has been projected that by year 2020, funds under management will exceed US$1.2 trillion in Africa, however, none of it is currently being used to finance infrastructure or is being invested in Africa. Thus, how can these funds be accessed to finance development projects in energy, water, healthcare and agriculture in Africa?
In relations to the global blended finance transactions, less than 50% could be attributed to Sub-Saharan Africa, and with this, there is a growing need to close the SDGs funding gap in the continent.
Therefore, Blended Finance Africa 2020 will assemble key industry stakeholders to
- Discuss the recent developments and opportunities in blended finance especially in Africa;
- Explore key risk strategies, sharing best practices in structuring blended finance vehicles, then
- Connect global investors with blended finance investment opportunities in the region.