VISUAL SUMMARY INNOVATIVE FINANCE FOR PRIVATE SECTOR DEVELOPMENT IN AFRICA ECONOMIC REPORT ON AFRICA 2020 VISUAL SUMMARY INNOVATIVE FINANCE FOR PRIVATE SECTOR DEVELOPMENT IN AFRICA ECONOMIC REPORT ON AFRICA 2020 VisualVisual SummarySummary INNOVATIVEINNOVATIVE FINANCEFINANCE FORFOR PRIVATEPRIVATE SECTORSECTOR DEVELOPMENTDEVELOPMENT ININ AFRICAAFRICA ECONOMICECONOMIC REPORTREPORT ONON AFRICAAFRICA 20202020 Ordering information To order copies of this report, please contact: Publications Economic Commission for Africa P.O. Box 3001 Addis Ababa, Ethiopia Tel: +251 11 544-9900 Fax: +251 11 551-4416 E-mail:
[email protected] Web: www.uneca.org © 2020 United Nations Addis Ababa, Ethiopia All rights reserved First printing December 2020 Title: Economic Report on Africa 2020: Innovative Finance for Private Sector Development in Africa Development in Africa Language: English Sales no.: E.20.II.K.2 ISBN: 978-92-1-125139-5 eISBN: 978-92-1-005124-8 Print ISSN: 2411-8346 eISSN: 2411-8354 Material in this publication may be freely quoted or reprinted. Acknowledgement is requested, together with a copy of the publication. The designations employed in this publication and the material presented in it do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations Economic Commission for Africa concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. Cover design: Carolina Rodriguez, Dilucidar. ii 2020 Economic Report on Africa | INNOVATIVE FINANCE FOR PRIVATE SECTOR DEVELOPMENT IN AFRICA CONTENTS Lists of Figures, Tables and Boxes . v FOREWORD . viii. ACKNOWLEDGEMENTS . xi ABBREVIATIONS . xiii . EXECUTIVE SUMMARY . .xvi . Recent economic developments .