Innovative Financing Strategies

This theme explores new and innovative strategies African countries can pursue to raise finances for development. It is crucial for low- and middle-income countries to look inwards and mobilise domestic financing in order to combat the pandemic and its effect, and to identify other viable financing instruments and/or strategies. While domestic capital markets and pension funds are becoming important sources of finance and should be strengthened, more structural changes should also be explored. These include budget reforms and new debt instruments targeting sustainable investment such as green bonds.