Perspectives on Development Banks in Africa

Joshua Yindenaba Abor is a financial economist, Professor of Finance and former Dean at University of Ghana Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London. He is an Afreximbank Research Fellow and has held Visiting Scholar positions at the IMF and is a member of the Monetary Policy Committee of the Bank of Ghana.

Daniel Ofori-Sasu is an emerging financial economist and a lecturer at the Department of Finance of the University of Ghana Business School. He has been involved in projects sponsored by the Afreximbank, the African Development Bank, and the African Center for Economic Transformation (ACET) under the supervision of the Corporate Support Group Limited. His research interests include finance, economics, governance, sustainability, and environmental and development policy issues.

PART I:  Overview of Development Banking in Africa.- 1. Introduction to Development Banking in Africa Joshua Yindenaba Abor and Daniel Ofori-Sasu.- PART II:  The Political Economy and Economics of National Development Banks in Africa.- 2. The Political Economy of Development Bank Ghana: Emergence and Early Years Joshua Yindenaba Abor, Daniel Ofori-Sasu and Bumi Camara.- 3.The System of National Development Banks in Nigeria: The Case of Development Bank of Nigeria Paul Terna Gbahabo, Benjamin Agyeman, and Sylvanus Ikhide.- 4. Development Banking in Côte d'Ivoire: The Case of the Banque Nationale d'Investissement Christian A. Aboua, Charles Odoom, and Jules F. Konan.- 5. Development Bank of Ethiopia: A Catalyst for Economic Growth and Development Ashenafi Fanta and Habtamu Berhanu.- 6. The Development Bank of Rwanda: Contributions and Challenges Daniel Ofori-Sasu, Joshua Yindenaba Abor and Frank Abaho Gakwaya.- 7. Kenya Development Corporation as an Instrument of Economic Growth Peter W. Muriu and Victor Murinde.- 8. The Experience of Development Bank of Mauritius Sunil Bundoo, Baah Aye Kusi, and Isaac Kofi Bekoe.- 9. National Development Bank and Financing of SMEs in Tunisia: The Case of Banque de Financement des Petites et Moyennes Entreprises (BFPME) Mondher Khanfir and Charles Odoom.- 10.  The Role of Botswana Development Corporation in National Development Mbako Mbo.- 11. The Infrastructure Development Bank of Zimbabwe and Infrastructure Financing James Atambilla Abugre, Joshua Yindenaba Abor, and Mercy Marimo.- PART III:  Multilateral, Regional and Sub-Regional Development Banks.- 12. Multilateral Development Banks: Contributions and Challenges Joshua Yindenaba Abor, Lakshmy Subramanian, Khadijah Iddrisu, and Randolph Nsor-Ambala.- 13. The Role of Regional Development Banks: Comparing African Development Bank and Asian Development Bank Lordina Amoah, Ebenezer Bugri Anarfo, Janet Talata Abor, and Joseph G. Nellis.- 14. The Role of African Export-Import Bank in Trade Financing Anthony Kyereboah-Coleman, Kanayo Awani, and Joshua Yindenaba Abor.- 15. The ECOWAS Bank for Investment and Development: Major Achievements and Challenges George N. A. Donkor, Olagunju M. O. Ashimolowo, Sydney O. Vanderpuye, and Daniel Ofori-Sasu.- 16. Development Banking in the East Africa: The Case of East African Development Bank Jared Osoro, Roseline N. Misati, and Samuel Tiriongo.- 17. The New Development Bank Matthew Kofi Ocran.- 18.Islamic Development Bank: An Instrument for Alternative Development Financing in Africa Abdul Nashiru Issahaku, Jabir Ibrahim Mohammed, and Sherif Sulemana.- PART IV:  The Future of Development Banks.- 19. The Future of Development Banks in Africa Joshua Yindenaba Abor and Daniel Ofori-Sasu.