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4.0 The Role of Governments: Microfinance in Africa - Experience and Lessons from Selected African Countries
In several African countries—for example, Ghana, Guinea, Tanzania and Uganda— governments have in the past relied on state-owned banks to extend rural credit and microfinance services.

Other Ghana Guinea Tanzania Related Articles

Hilton Hotels brings brand to Ghana
Inc. Magazine alerts us to an announcement by Hilton Hotels that it will open its first property in Ghana in early 2010.

Going home with a business plan
On the train ride home last week I ran into a Ghanaian friend of mine and we got to talking about what else, doing business in Ghana.

1.2 Mission Objectives: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
The mission objectives for Tanzania were to: • review recent ILO and other relevant research on women in enterprise in Tanzania;
9.3.3 Other micro-finance providers: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
A number of NGOs also do micro lending, some of them predominantly oriented towards women-owned MSE clients. During the Tanzania field visit, interviews were held with the Tanzania Gatsby Trust (TGT) and the Zanzibar Fund for Self Reliance, two examples of such NGOs.
11.0 Business support and information: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
The state of BDS provision in Tanzania is not well known. A 2003 SME-Mapping of Tanzania report concluded that existing BDS services are generally designed and financially supported by donors for the micro-enterprise market (and thus, are very basic), or are offered by professional consulting firms at high prices.
1.0 Introduction: Microfinance in Africa - Experience and Lessons from Selected African Countries
Small enterprises and most of the poor population in sub-Saharan Africa have very limited access to deposit and credit facilities and other financial services provided by formal financial institutions. For example, in Ghana and Tanzania, only about 5–6 percent of the population has access to the banking sector. This lack of access to financial services from the formal financial system is quite striking, when one considers that in many African countries the poor represent the largest share of the population and that the informal sector is an important part of the economy.
4.0 The Role of Governments: Microfinance in Africa - Experience and Lessons from Selected African Countries
In several African countries—for example, Ghana, Guinea, Tanzania and Uganda— governments have in the past relied on state-owned banks to extend rural credit and microfinance services.
The National Microfinance Bank of Tanzania helps Bail out the Tanzania Electric Supply Company (Tanesco) with a USD 56million Loan
The National Microfinance Bank of Tanzania has joined a syndicate of local banks and pension funds to lend USD 238million to Tanesco, the parastatal electricity company, wholly owned by the Tanzanian government, money which will be used to pay off debts to suppliers and invest in new equipment. The National Microfinance Bank was founded in 1997, and is the third most profitable bank in Tanzania, holding USD 430million in deposits and assets. The loan to Tanesco supports NMB’s business interests, as well as those of its customers, as it organises collection services for the electricity firm via its network. Currently the Tanzanian government owns 51% of the bank, having sold off the remainder of its stake in 2005. The loan syndicate involved in the bail out includes five banks and four pension funds all from Tanzania.
Tanzania launches first ever US television campaign on CNN
Two weeks ago I attended the African Travel Association’s Second Annual Presidential Forum on Tourism at New York University. The forum, organized by the ATA - a global travel trade association promoting tourism to Africa - and hosted by NYU’s Africa House, was put together to provide African leaders from Tanzania, Ghana, Cape Verde, Lesotho, Zambia, Malawi, and Rwanda with the opportunity to “present the continent’s rich travel opportunities to almost 200 leaders from government, non-government and business communities, the tourism industry, travel trade media, and education”.
High Growth Women Entrepreneurs Poised to Transform Economies
From Columbia to Ghana to Singapore, we have seen women entrepreneurs establishing their footholds. Once they have equal access to funding, expect significant (and welcome) job creation.
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