In Sub-Saharan Africa, the lack of access to finance is one of the biggest constraints to the growth of smaller businesses, the jobs sector, and the economy. Leasing has proved to be a robust solution.
Since 2008, the Africa Leasing Facility program has trained more than 14,000 small-scale business owners, assisted in the passing of 16 legal, regulatory, and tax laws, and mobilized investment in five leasing projects worth nearly $27 million.
This film, produced in partnership with SECO, highlights in greater detail how these results have been achieved and how they translate into development impact.
Company: World Bank Group Date added: 17-03-2015
World Bank Group
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets.