Closed Webinar: Long-Term Finance in Ethiopia: Housing Finance
Date: 25 March 2021 @ 2pm GMT (Abidjan)
The long-term finance agenda has received increasing attention in recent years resulting in the establishment of the Africa Long-Term Finance Initiative, a joint initiative of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), FSD Africa, the African Development Bank (AfDB) and Making Finance Work for Africa (MFW4A). The overall objective of the initiative of the Long-Term Finance Initiative is to support the development of local financial markets in Africa with a view to more efficiently mobilise and allocate investment capital to businesses and projects that drive economic growth. The ambition is to enable similar progress as regards to long-term finance in Africa as has been achieved in the past decade on financial inclusion.
The initiative pursues a two-pronged approach:
- Developing country reform programs based on the Long-Term Finance Country Diagnostics. The diagnostics reports identify key challenges to the provision of long-term finance for the real economy and develop recommendations aimed at strengthening the development of domestic markets for long-term finance. The objective is to reveal strengths and weaknesses in the specific country context and develop policy recommendations to improve the intermediation of LTF.
- Enhancing market transparency through the development of a Long-Term Finance Database and Scoreboard that will improve the availability of public data on long-term finance markets in Africa and allow countries to benchmark their performance against comparator countries. The ultimate purpose of the database and scoreboard is to enhance transparency about LTF in Africa and inform policy makers, the private sector and donors about the availability of LTF across Africa.
This webinar will discuss findings from an ongoing comprehensive diagnostic of the housing markets in Ethiopia, as part of the Long-Term Finance in Ethiopia Diagnostics. The housing finance diagnostics report identifies major hurdles to the deepening of housing markets in Ethiopia and make recommendations how to alleviate the identified hurdles with a view to reducing the existing financing gap in Ethiopia. The webinar includes a presentation of the main findings of the Technical Note on Housing Finance followed by a Q&A session.