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Local Currency Solution for Multilateral Development Bank Portfolio Transfer: Feasibility Study
This feasibility study by FSD Africa explores a mechanism to transfer non-sovereign asset portfolios from Multilateral Development Banks (MDBs) to domestic institutional investors in Africa using a local currency solution. The goal is to free up MDB capital for new investments while deepening local capital markets and reducing foreign exchange risks for borrowers. The study focuses on seven markets in East and West Africa and proposes the creation of a permanent investment vehicle (SPV) managed by a professional Fund Manager to facilitate these transfers.
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Document type: Report
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