{"id":66284,"date":"2022-11-04T19:44:38","date_gmt":"2022-11-04T18:44:38","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=66284"},"modified":"2022-11-04T19:44:38","modified_gmt":"2022-11-04T18:44:38","slug":"blended-finance-can-fix-africas-existential-challenges-onyema","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/","title":{"rendered":"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema"},"content":{"rendered":"

As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century according to research corroborated by multiple sources including the World Bank, the Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr Oscar Onyema, has said that blended finance can solve many of the challenges that the continent faces.<\/p>\n

In an interview with CNBC Africa, Onyema, responding to a question on how NGX Group could participate in the mobilisation of financial capital on the continent said that the company, post-demutualisation from the Nigerian Stock Exchange, is focused on leveraging its position to seize opportunities in all aspects of the financing value chain on the continent.<\/p>\n

He said, \u201cWhat we are finding increasingly is exchanges are plugging into the entire financing value chain and the exciting thing for Africa is blended finance where you go from philanthropy, grants, catalytic financing, impact investing, all the way to your traditional capital markets and by blending them together, we can solve the difficult problems that have exacerbated in Africa; like health, education, infrastructure, energy deficiencies amongst others.\u201d<\/p>\n

Speaking on the current role and future of NGX Group in Africa, he explained that the company is investing across the entire capital market value chain and positioning itself as the core infrastructure for facilitating capital raising and efficient deployment to the most crucial needs of the continent. \u201cOur deployment of technology is the fresh aspect to what we have previously offered,\u201d said Onyema. \u201cWe have the vantage point that we\u2019re almost starting from ground zero so we can deploy the latest technology to support this.<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

\u201cFor example, in MTN Nigeria Communications Plc\u2019s public offering where we crowded in 122,000 new investors to the market is a good example. If you now layer on top of that the fact that Africa is the fastest growing continent demographically with the largest number of young people who are digital natives. You can begin to see the nexus between the problems emerging and the solutions being deployed, one of which is blockchain technology.\u201d<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century according to research corroborated by multiple sources including the World Bank, the Chief Executive Officer of<\/p>\n","protected":false},"author":6,"featured_media":29048,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[8397],"coauthors":[2391],"class_list":["post-66284","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ngx-group"],"yoast_head":"\nBlended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema - National Wire<\/title>\n<meta name=\"description\" content=\"As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema - National Wire\" \/>\n<meta property=\"og:description\" content=\"As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-04T18:44:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/01\/Oscar-Onyema1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"412\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/01\/Oscar-Onyema1.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/01\/Oscar-Onyema1.jpg\",\"width\":412,\"height\":250,\"caption\":\"Oscar Onyema, CEO, Nigerian Stock Exchange\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/\",\"name\":\"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#primaryimage\"},\"datePublished\":\"2022-11-04T18:44:38+00:00\",\"dateModified\":\"2022-11-04T18:44:38+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema - National Wire","description":"As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/","og_locale":"en_US","og_type":"article","og_title":"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema - National Wire","og_description":"As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century","og_url":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/","og_site_name":"National Wire","article_published_time":"2022-11-04T18:44:38+00:00","og_image":[{"width":412,"height":250,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/01\/Oscar-Onyema1.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/01\/Oscar-Onyema1.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2019\/01\/Oscar-Onyema1.jpg","width":412,"height":250,"caption":"Oscar Onyema, CEO, Nigerian Stock Exchange"},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/","name":"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#primaryimage"},"datePublished":"2022-11-04T18:44:38+00:00","dateModified":"2022-11-04T18:44:38+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"As Africa\u2019s population is projected to grow at the fastest rate worldwide through the end of the 21st century","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/blended-finance-can-fix-africas-existential-challenges-onyema\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"Blended Finance Can Fix Africa\u2019s Existential Challenges \u2013 Onyema"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/66284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=66284"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/66284\/revisions"}],"predecessor-version":[{"id":66285,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/66284\/revisions\/66285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/29048"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=66284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=66284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=66284"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=66284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}