Standard Chartered Bank Advocates Blended Finance To Accelerate Nigeria’s Development

Nigeria’s policymakers have been advised to embrace blended finance, the use of catalytic capital from public or philanthropic sources to increase private sector investment to attract capital towards attaining Sustainable Development Goals (SDGs).

This is the view of Roberto Hoornweg, Co-Head of Corporate and Investment Banking at Standard Chartered Bank, who said blended finance has been a catalyst for funding critical sectors like renewable energy and infrastructure in emerging markets.

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