ALF Ethiopia

completed

The objective of the Africa Leasing Facility II in Ethiopia is to facilitate access to finance for small and medium enterprises through the development of a sustainable leasing industry. It will do this by working at the regulatory, financial institution, market and firm levels. Specifically, the ALF II in Ethiopia will work to: 1) help promote leasing legislative and regulatory reforms in Ethiopia (regulatory level); 2) provide leasing business advisory support to leasing companies, and in doing so, contribute to the increase of leasing transactions in Ethiopia by the end of December 2020 (financial institutions level); 3) provide skills development and knowledge transfer to leasing stakeholders to continue the development of leasing in Ethiopia; and 4) strengthen the awareness and capacity of select SMEs to access leasing financing as a way to meet their equipment needs and make them more economically viable and active (firm level).