November 22

European Investment Bank Publishes Unique Analysis of Impact of COVID-19 on Financing Across Africa

The new report explores how access to finance provided by banks, microfinance and private equity sectors have been affected and what long-term trends may impact private sector investment.

The European Investment Bank (EIB) today published a unique analysis of the impact of COVID-19 on financing across Africa. The Finance in Africa 2021 report surveyed 78 leading banks and financing institutions active across sub-Saharan Africa to examine the impact of the pandemic on banking and business lending, investigate how Africa’s financial sector is harnessing the digital revolution and detail the challenges and opportunities of green finance for banks.

Source: Devdiscourse (link opens in a new window)

financial inclusion, microfinance