How Blended Finance Can Accelerate MSME Growth in Africa

The African Report
April 21, 2021

The Africa Report looks into how we can unlock financial capital in the continent to achieve the SDGs especially after the COVID-19 virus.

To meet the Sustainable Development Goals (SDGs) by 2030, approximately $7 trillion in private sector capital needs to be unlocked in developing countries.

Peter Wamiciwe from Convergence "For African countries to improve access to finance for MSMEs, it is paramount to create investable opportunities using approaches such as those provided by blended finance. The results of such structures can reduce the funding gap to support African MSMEs, and, in turn, help realize a sustainable and prosperous future."

To read more go to the African Report.