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Remarks by World Bank Group President David Malpass at the High-Level Summit on Financing Africa’s Infrastructure Development

· David Malpass, President of the World Bank Group (International)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, climate, energy and nature, public finances and debt, development and emerging economies

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· David Malpass Wiki · World Bank Group WikiRemarks by World Bank Group President David Malpass at the High-Level Summit on Financing Africa’s Infrastructure Development

ContextRemarks by World Bank Group President David Malpass at the High-Level Summit on Financing Africa’s Infrastructure Development.

Why it mattersMalpass proposes securitising private debt to link African projects with institutional investors.

Problems raised
  1. Africa faces high food prices and insecurity.
  2. Infrastructure financing is insufficient.
  3. Climate change hurts Africa.
Solutions proposed
  1. Develop platforms to securitise private debt.
  2. Link projects to institutional investors.
  3. Expand infrastructure financing.
Read full speech on worldbank.org ↗

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