Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/333791 
Authors: 
Year of Publication: 
2025
Series/Report no.: 
FERDI Policy Brief No. B282
Publisher: 
Fondation pour les études et recherches sur le développement international (FERDI), Clermont-Ferrand
Abstract: 
In Africa, small and medium-sized enterprises (SMEs) face a chronic financing gap that hinders their growth and the continent's economic development. Development Finance Institutions (DFIs) are often seen as a solution to bridge this gap, particularly through indirect support to local banks. However, an in-depth analysis of their impact reveals mixed results. While targeted beneficiaries benefit from these programs, it is at the expense of other borrowers. There is a need to rethink the support for these DFI-intermediated financing schemes aimed at supporting the SME sector.
Subjects: 
Africa
Banks
Document Type: 
Research Report

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