Why local banks are key to Africa's blended finance push
Tanzania, June 3 -- Arusha. Tanzanian banks are increasingly moving to the centre of blended finance deals across Africa, as development financiers turn to them to unlock lending in sectors considered too risky for private capital.
The shift was highlighted yesterday in Arusha during a panel discussion on 'Blended Finance and Risk Mitigation for Tanzania's Investment Pipeline' at the Tanzania Investment Summit 2026, where financiers stressed that scaling investment will depend on how effectively domestic banks are integrated into financing structures.
Moderated by Convergence Finance Senior Associate for Africa, Basil Kandaya, the session brought together different financial institutions. The discussion centred on how blended finance is...
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