Private capital falls short in ‘blended finance’

  • In theory, blended finance should leverage limited public financing to “crowd in” many times that amount in private capital. In practice, such leverage has been limited, according to a Dalberg review of 117 such blended financing deals. Overall, each dollar of public funding generated only about 79 cents of private investment.

African Leadership University secures $30 million to train Africa’s future leaders

  • A $30 million Series B funding round led by Danish billionaire Anders Holch Povlsen will support the institution’s goal of teaching three million African students by 2035 by funding expansion of its leadership and technical skills training centers.