New initiative to boost African infrastructure through blended finance

‘Sustainable Development Investment Partnership’, SDIP, has announced the establishment of a regional hub dedicated to facilitating investment in African infrastructure and development projects. The new initiative, ’Africa Hub’, has been set up with a mandate to support financing of the United Nation's Sustainable Development Goals through blended finance, an innovative approach to development finance that combines funding from private investors and lenders, governments and philanthropic funds. At present 16 potential infrastructure projects with a combined value of over er 20 mia. USD. have been identified. SDIP is an initiative hosted by the World Economic Forum and the OECD. PensionDanmark is a member of SDIP.