You can look forward to hearing panelists from Meridiam Infrastructure, Rockefeller Foundation and the IFC tomorrow morning:
Date: Thursday 4 May 2017
Channel: CNBC Africa channel 410
The growing demand for global infrastructure investment is estimated to reach approximately US$71 trillion by 2030, intensifying the pressure on public budgets and thus increasing the already strained fiscal deficits. Africa requires US$100 billion annually to finance its infrastructure development, of which US$45 billion are usually mobilised through government budgets, development finance institutions, and other commercial and institutional investors. Blended finance has been touted as a less costly solution to meeting the global infrastructure needs and as an alternative to traditional infrastructure financing methods.
Notes for Editors
About Development Bank of Southern Africa
The Development Bank of Southern Africa (DBSA) is one of the leading Development Financial Institutions (DFIs) in Africa. The DBSA provides financing, project preparation and implementation support for economic and social infrastructure in South Africa and the rest of Africa. Our mission is to improve people’s lives, boost economic growth and promote regional integration.
For further information, contact:DBSA Media Relations:
011 313 3716