ECA’s ERA 2020 launched; focuses on innovative finance for private sector development
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2020-12Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa;United Nations. Economic Commission for Africa;
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The Economic Commission for Africa (ECA) on Tuesday launched its flagship Economic Report on Africa, titled: “Innovative Finance for Private Sector Development in Africa”, which looks at innovate financing as a way of providing solutions to the challenges of private sector financing, hence enabling Africa’s private sector to thrive and drive the continent’s economic growth and recovery; and, importantly, to increase the private sector’s resilience to the effects of the global coronavirus pandemic. The Report examines the innovative financial instruments, practices and policies required to enable African countries to make a step-change in growing the gamut of businesses, including start-ups, micro and small enterprises, social enterprises, professional businesses, exchange-listed corporates, and public-private companies, that will drive inclusive economic growth, create jobs and pathways to better livelihoods for African people. It’s key recommendations include regulating the banking and financial services sector; creating financial stability through effective policies; amending and updating financial sector legislation and regulatory policies; and promoting innovative private sector financing.
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“United Nations. Economic Commission for Africa; United Nations. Economic Commission for Africa (2020-12). ECA’s ERA 2020 launched; focuses on innovative finance for private sector development. Addis Ababa:. © UN. ECA,. https://hdl.handle.net/10855/44298”Serial Title
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