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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

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