The World Association of Newspapers and News Publishers (WAN-IFRA) is calling on investors for help in its efforts to increase investment in newspapers in developing markets, according to a report by the editorsweblog.

Lack of investment is one of the major problems newspapers face in developing markets. Expanding operations, developing new products, and investing in new staff and printing facilities are the areas where capital is needed the most.

The new Social Investment in Media initiative has been launched by WAN-IFRA in partnership with the Swedish International Development Cooperation Agency (Sida) and the Media Development Loan Fund (MDLF). The initiative aims to promote “innovative investing mechanisms in media in developing countries and emerging markets” the report adds.