African nations are striving to build self-sufficient economies for sustainable growth and to improve living standards. With young, growing workforce-aged populations, building domestic industry capability is critical to creating jobs. In these countries, it’s the grass roots industries that have the most potential for job creation, and also those that need the most support. How can governments ensure domestic financing is delivered to where it is most needed?
In this two-part blog series, we look closely at this question. In the first blog article, we go to the core of the issue, and explore how credit insurance can help with better access to domestic finance. In the next blog article, we look at two African nations whose dynamic governments are focused on growing their economies from the ground up.