In order to meet its 2030 SDG targets, Africa needs $500 billion – $1.2 trillion annually to close its SDG financing gap. The traditional model of development financing in Africa, that was primarily dependent on aid and government funding is under serious threat. Donor funding is declining while public debt is rising and threatening African Governments’ abilities to deliver effective public services. With this in mind, Africa urgently needs to secure alternative financing sources and modalities if it is expected to meet its SDG targets, more so as we are now in the final decade of action for the SDGs.
The AVPA network aims to increase the flow of capital into social investments in Africa and influence how its deployed for maximum impact. We’ll do this by bringing together the continuum of investors; from foundations, Impact Funds, family offices, Private Equity and Debt players, Governments and DFI’s so that they collaborate for greater flow of capital and increased social impact across the continent.
