Bridging the Funding Gap: Building Private Capital and Leveraging Development Finance

 

Synopsis: 

The African Development Bank estimates that Africa needs between $130 - $170 billion annually to fund infrastructure development, with a financing gap of up to $108 billion per year due to inadequate funding sources.  

 

The “Big Four” nations – Nigeria, Kenya, South Africa, and Egypt – have continued to dominate tech funding in Africa. In addition – 89% of the funding is foreign.  

 

  • How can local private capital be unlocked and foreign capital inflows further strengthened? 
  • What policy measures can support private capital going beyond the “Big Four” to other countries on the continent? 
  • What role can development finance institutions play to further increase the flow of private capital into Africa and vice versa? 
  • How could public and private capital together unlock innovation, and drive financial inclusion on the Continent? 


Speakers:

Jean Bosco Iyacu, Chief Executive Officer, Access to Finance Rwanda
Jean Guy Afrika, Chief Executive Officer, Rwanda Development Board
Dr Sahr Kpundeh, Country Manager, World Bank
Thapelo Tsheole, Chief Executive Officer, Capital Market Authority
 
Moderator:
Hortense Mudenge, Chief Strategy Officer, Rwanda Finance Limited
 
 

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