What role can Blended Finance play in the response to COVID-19?

By Andrew Apampa, CFA The rapid spread of COVID-19 presents an unprecedented challenge in an ever more connected world, requiring health organizations, governments, and the private sector to work together in the face of human tragedy. Given the crucial need for multi-stakeholder collaboration and additional resources (financial and otherwise), we explore how blended finance can help respond to epidemics. Unquestionably, emergency relief funding like government spending and unblended global aid will be crucial to minimizing the impact of COVID-19 in the immediate term. However, blended finance can play an important assisting…

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Africa cannot go back to ‘business as usual’ when COVID-19 pandemic is over

By Babatunde Omilola Like every other pandemic that the world has experienced in the past, coronavirus will eventually come to an end. It will be defeated, and life return to normal. But it will teach us an important lesson: the need to invest in health infrastructure across the world, and particularly in Africa. For centuries, global and national agendas have given premium to wealth creation and less attention to healthcare. Indeed, the pursuit of wealth has even come at the expense of the environment.  Budgetary allocations for health have been…

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How Africa Can Make a Comeback from the Oil & Gas Downturn

By NJ Ayuk Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have been taking their toll around the globe this spring.  For Africa’s oil-producing countries, where crude oil exports make up a large portion of their revenue, the situation is especially dire. In Nigeria, for example, Finance Minister Zainab Ahmed recently warned of an imminent recession and requested billions of dollars in international emergency funding.  As of the second week of April, national oil production in Angola…

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