Davos Dispatch: Making 'billions to trillions' a reality

Davos Dispatch: Making 'billions to trillions' a reality

The “billions to trillions” narrative — the idea that a relatively small amount of public financing can be used to crowd in trillions of dollars in private capital to solve climate and other development challenges — has been discussed in development finance circles for nearly a decade now. And yet there’s still an annual $4 trillion gap in financing for energy, water, and other critical development objectives.

Speaking to Devex’s Raj Kumar, Samaila Zubairu, CEO of the Africa Finance Corporation shared how his organization is leveraging public-private partnerships in “risky” countries such as Gabon and Djibouti, and what larger multilateral development banks should be doing to be more effective.

“What is most important is for us to introduce more urgency in our approach to work. We need to really start to focus on outcomes,” Zubairu said. “We should all be accountable. We should be looking at what's the baseline at a certain period of time, and what are we doing to cause improvements to happen.”

Zubairu joined Kumar for the Davos Dispatch podcast, recorded from the World Economic Forum in Davos, Switzerland.

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Episoder(244)

Special Edition: AI in practice: Bridging the implementation gap

Special Edition: AI in practice: Bridging the implementation gap

Across the global development landscape, artificial intelligence promises to redefine how health, education, and social protection services are delivered. However, moving past small-scale piloting to ...

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Special edition: Reimagining financing for development and growth

Special edition: Reimagining financing for development and growth

The fundamental question of how development and growth are financed is undergoing a profound transformation. Over the course of a series of original essays and op-eds, The Next Frontier – a Devex seri...

2 Okt 33min

Inside the US global health overhaul and Buffett's philanthropic strategy

Inside the US global health overhaul and Buffett's philanthropic strategy

The United States is set to implement one of the biggest overhauls of its global health assistance in decades. The new strategy will reshape how billions of dollars flow to 35 countries, shifting grea...

1 Okt 35min

The Power to Decide: Reclaiming Sovereignty in a Digital Era

The Power to Decide: Reclaiming Sovereignty in a Digital Era

In this special edition episode of This Week in Global Development, sponsored by Public Digital, Devex's Alan Robbins sits down with Public Digital's Lauren Kahn and Mike Bracken CBE. Recorded at Deve...

30 Sep 29min

Global Progress in the AI Era: As Anthropic urges caution on AI, its ‘beneficial deployments’ work grows

Global Progress in the AI Era: As Anthropic urges caution on AI, its ‘beneficial deployments’ work grows

Anthropic co-founder and CEO Dario Amodei made headlines recently by calling for slowing the development of increasingly powerful AI models to give safety measures time to catch up. That only increase...

25 Sep 30min

Live from UNGA: Navigating the new era of multilateralism

Live from UNGA: Navigating the new era of multilateralism

This week we are closely tracking the conversations at the 81st session of the United Nations General Assembly and what they mean for the global development sector. From U.S. President Donald Trump’s ...

24 Sep 20min

The Gates Foundation's latest AI pledge, and a look ahead to UNGA 81

The Gates Foundation's latest AI pledge, and a look ahead to UNGA 81

This week, we report on the Gates Foundation’s 2026 Goalkeepers Report, which includes a $1 billion pledge to make AI more inclusive. The funding aims to expand access across health, education, agricu...

17 Sep 38min

Special edition: The real funding gap isn't money

Special edition: The real funding gap isn't money

In this special episode of the This Week in Global Development podcast, sponsored by Rippleworks, Devex Senior Editor for Special Coverage Catherine Cheney sits down with Doug Galen, CEO of Ripplework...

15 Sep 32min

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