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Opportunities for Lease Financing in Africa

This workshop aims to provide a forum for European leasing companies to showcase their leasing expertise to African businesses and governments. It will also enable such companies to discuss and explore possible collaboration with leasing companies from Africa and other stakeholders.asclogo

What is this workshop about?

Although Africa currently lags behind other continents in all major economic indicators, there is growing optimism about its future economic potentials. Some have even described the continent as the last economic frontier. Even at present, few dispute the fact that the returns earned in Africa far outweigh the risks of doing business there. With the increasing democratization of the continent and increasing internal and external demands for good governance, institutions in Africa are gradually being developed. Correlated to the above is the fact that property rights in the continent are increasingly being respected.  Furthermore, according to the United Nations, Africa is the only major region of the world that will continue to experience substantial population growth after 2050. Africa is therefore the market of the future.

With huge infrastructure deficits, rising population and improving governance standards, the continent is hungry for, and better prepared to receive, foreign capital inflows. One of the most attractive types of such capital, in the context of the specificities of Africa, is lease finance. Given the urgent need to expand construction and production in all sectors of the African economy including agriculture, industry, infrastructure and services, great opportunities exist for all types of leasing. First, lease financing offer investors protection for their investment as the leased asset can also serve as security for their exposure.  The fact that the duration of lease finance is sometimes correlated with the lifespan of the leased assets also provide comfort for foreign investors who may choose to be cautious about the long term sustainability of the African lease market.  At another level, multiple use of leased assets can be promoted through leasing thus saving costs for lessees and enhancing the contribution of international capital to local economic development.

This workshop aims to provide a forum for European leasing companies to showcase their leasing expertise to African businesses and governments. It will also enable such companies to discuss and explore possible collaboration with leasing companies from Africa and other stakeholders.

 

Speakers:

  • Jonathan Danjuma Gigin, Senior Financial Sector Specialist, Africa Leasing Facility II International Finance Corporation (World Bank Group). More info here.
  • Victoria Kisyombe, Chief Executive Officer /founder of SELFINA Tanzania. More info here.
  • Emeka Ndu, Group Chief Executive Officer, C & I Leasing Plc. Nigeria. More info here.
  • Ritesh Shah, The Lage Landen International BV Netherlands: A subsidiary of Rabo Bank. More info here.

Workshop Organiser

African Studies Centre Leiden is NABC’s historical partner, co-hosting Africa Works! 2012 & 2014 and supporting parter of Africa Works! 2016. They are a knowledge institute that undertakes research and is involved in teaching about Africa and they aim to promote a better understanding of and insight into historical, current and future developments in Africa.

During ASC’s workshop some companies have agreed to share insights:

The Lage Landen International BV Netherlands: A subsidiary of Rabo Bank, it is the largest leasing company in the Netherlands.

C & I Leasing Nigeria Plc.: Quoted on the Nigerian Stock Exchange, it is the largest leasing company in Nigeria.

For more information about the workshops, feel free to get in touch with our Head of Operations: Heleen Keijer: +31 (0)70 304 3621 or via africaworks@nabc.nl.