Reducing Systemic Risk through Blended Finance and Market Systems Development: Models from West Africa
This session will highlight two cases from Burkina Faso and Ghana that couple blended finance models with market systems development projects, creating synergies to “buy down” systematic risk and engage the private sector for longer-term, market-led development. The first model in Burkina Faso focuses on guarantee facilities for private microfinance institutions to facilitate lending to female micro-entrepreneurs affiliated with the Bill & Melinda Gates Foundation-funded SELEVER project managed by Tanager. In the second case of Ghana, AV Ventures will share their experience in creating and managing a blended finance fund with USDA and OPIC capital that invests patient capital in small and medium enterprise (SME) agribusinesses working with the USDA-funded Ghana Poultry Project (GPP). Presenters will foster learning through an interactive panel and breakout discussion groups where participants can share their own work and/or learn from others that have worked in blended finance.