This report presents the findings of the study commissioned by AECF and conducted by L-IFT, entitled ‘Does Renewable Energy Drive Financial Inclusion?’ The aim of the study was to explore the extent to which business models funded by AECF that have a secondary benefit of creating credit histories or delivering assets can also deliver access to finance – either from the original project partners or from third-party sources.
Doing business during COVID-19 – Lessons from AECF investees in the renewable energy and agribusiness sector
COVID-19 has changed the playing field for businesses in Africa significantly. While the overall socio-economic impact of the pandemic is not yet well understood, the United Nations Economic Commission for Africa (UNECA) estimates that 4 out of 5 businesses in Africa have been severely affected by lockdowns, travel restrictions, and supply and demand shocks.
