Dfi Working Group Launches Report On Blended Concessional Finance for Private Sector Projects

17 February 2021
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African Development Bank (Abidjan)

The Mobilization of Private Finance by Multilateral Development Banks (MDBs) and Development Finance Institutions (DFI) Report

The report measures private investment in development projects in which MDBs and DFIs also make investments or have otherwise provided deal structuring or other support. These investments support global sustainable development goals by promoting inclusive and sustainable growth, tackling poverty and inequality, and mitigating climate change, among other impacts.

Key highlights from the 2019 report include:

DFIs financed projects with a total volume of more than $10.4 billion.

The private sector mobilized more than $3.1 billion.

Institutions mobilized over $3 billion for projects in Africa.

Investments were mobilized primarily in the climate finance and agribusiness sectors and to support small and medium enterprises.

Click here to read the full report.

Read the original article on African Development Bank (AfDB).

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