
ETA Analysis
Why Record Blended Finance Has Not Closed Africa's Energy Access Gap
Blended finance set records in 2025, mobilising $8.40 per dollar of MIGA guarantees and reaching $18.7 billion globally. Yet it still represents less than 0.5% of annual climate finance needs. Why has it failed to close Africa's energy investment gap?
Energytransitionafrica•June 15, 2026
