Making Finance Work for Africa PDF Download

Author: Patrick Honohan
Publisher: World Bank Publications
ISBN: 0821369105
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
Drawing on its extensive experience in helping restructure and reform financial systems, the World Bank examines the state of African domestic financial systems in a global comparison. It identifies promising trends as well as pinpointing the major shortcomings that are observed across sub-Saharan Africa. Policy recommendations distinguish between those designed to make finance a more effective driver of economic growth and those designed to give low income, small-scale and other excluded groups better access to financial services.

Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286153821
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
Banks in Africa are weathering the COVID-19 pandemic well and showing a lot of creativity to overcome the crisis's problems. But the war in Ukraine is causing new concerns. With interest rates rising in many countries and bond funding becoming more expensive, a significant number of banks are worried about rising financing costs. These issues and more are covered in the new Finance in Africa report, based on an annual survey of banks across the continent and supported by Making Finance Work for Africa, an initiative helping more people get loans across the continent. We surveyed 70 banks in sub-Saharan Africa from April to June in 2022 to find out if the war is hurting their business and to learn their views on climate lending, access to finance for women and the accelerating digitisation of the financial sector.

Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

Author: Dambisa Moyo
Publisher: Macmillan
ISBN: 0374139563
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.

Author: Mr.Montfort Mlachila
Publisher: International Monetary Fund
ISBN: 1475532407
Category : Business & Economics
Languages : en
Pages : 79

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Book Description
This paper discusses how sub-Saharan Africa’s financial sector developed in the past few decades, compared with other regions. Sub-Saharan African countries have made substantial progress in financial development over the past decade, but there is still considerable scope for further development, especially compared with other regions. Indeed, until a decade or so ago, the level of financial development in a large number of sub-Saharan African countries had actually regressed relative to the early 1980s. With the exception of the region’s middle-income countries, both financial market depth and institutional development are lower than in other developing regions. The region has led the world in innovative financial services based on mobile telephony, but there remains scope to increase financial inclusion further. The development of mobile telephone-based systems has helped to incorporate a large share of the population into the financial system, especially in East Africa. Pan-African banks have been a driver for homegrown financial development, but they also bring a number of challenges.

Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286138482
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
In its fourth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in Africa: Crowding out of private sector lending by public debt issuance The state of bank recovery and resolution laws in Africa Policy options on how to finance infrastructure development. The report finds that in many African banking markets, the last two years saw a pause in financial deepening. However, a rising share of banking groups report improving market conditions and plan a structural expansion of their operations in Africa and a continued push for new technologies.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264547851
Category :
Languages : en
Pages : 120

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Book Description
Investments in water and sanitation are a prerequisite to deliver on the Sustainable Development Goals (SDGs), in particular on SDG 6 ensuring availability and sustainable management of water and sanitation for all. Blended finance can play an important role in strategically investing development finance to mobilise additional commercial finance needed to fill the current investment gaps. Thus far, however, blended finance has not reached scale in the water and sanitation sector. A greater evidence base is needed to better understand the current applications as well as the potential of blended models in the water and sanitation sector. This publication takes a commercial investment perspective and provides insights into three subsectors: (1) water and sanitation utilities, (2) small-scale off-grid sanitation and (3) multi-purpose water infrastructure and landscape-based approaches. The publication draws out recommendations for policy makers and practitioners to apply and scale innovative blended finance approaches where most appropriate.

Author: Dana T. Redford
Publisher: Emerald Group Publishing
ISBN: 178714187X
Category : Business & Economics
Languages : en
Pages : 313

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Book Description
Financial services are an essential element in powering entrepreneurial activity beyond resource extraction in Africa. This book examines the macro-trends and highlights inspiring success stories of entrepreneurial financial sector ventures that are making a lasting contribution to the economic development of various sub-Saharan African countries.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264288767
Category :
Languages : en
Pages : 176

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Book Description
The global community has spoken loud and clear: more resources must be mobilised to end extreme poverty and mitigate the effects of climate change. Blended finance is emerging as an important solution to help raise resources in support of the Sustainable Development Goals in developing countries.

Author: Florence Dafe
Publisher:
ISBN:
Category :
Languages : en
Pages : 58

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Book Description
Under what conditions can government interventions in the financial sector be a successful tool to increase the financial resources available for productive investment in sub-Saharan Africa? This is the question which drives this paper. Historically and in line with welfare economic theory market failures have provided an argument for activism, defined as deliberate government interventions in the financial sector to promote the delivery of financial services to segments of the private sector that are underserved. The experience with activism has been mixed at best. However, even though activism does not guarantee an increase in broad-based productive private investment, past experience suggests that achieving this goal without deliberate government interventions is difficult, if not impossible. This paper proposes a political economy perspective to explore under what conditions government interventions in financial markets could promote finance for development. The study seeks to contribute towards developing a political economy framework which helps evaluating ex ante whether a government in a particular country has good enough governance to assume a more activist role in financial sector development.