Africa’s financial systems have progressed over the past 20 years. Yet liberalization, privatization, and Project Fund lending have yet to be translated into more accessible financial services, especially credit, that reaches the majority of African businesses at a lower interest rate. On average, banks in Africa are well capitalized and liquid. Still, the benefits of deeper, broader, and cheaper finance have not yet been reaped.
Chief Executive Officer of YouSort World LLC, in business contact with the Executive Director of CFCCHO, USA, have desired to work things out for African businesses to be able to access international business lenders to fund their business projects. Doing our best to reduce the difficulty to access Funds for Infrastructure and Business Development in Africa.
This has on a good note, have started the funding processes to secure international business funding for a Ghana group of companies (ASANDUFF GROUP OF COMPANIES). Watch https://youtu.be/P28W5ukBR08
Investment in development infrastructure has also been insufficient: according to recent statistics, Africa has a development financing gap of nearly USD 108 billion and an estimated need for infrastructure investment of between USD 130 billion and USD 170 billion. Africa’s development gap and relatively slow progress present attractive investment opportunities for developmental projects focused on building intra-regional transport networks, creating power generation solutions, revolutionizing manufacturing and agro-processing, and achieving environmentally responsible natural resources extraction.
Africa presents an unparalleled opportunity for investors and lenders willing to finance businesses and infrastructure development and we are creating the means to get these realised with determined efforts.
As a Company with several business divisions and enriched consulting capacity, we will continue to work hard with needed partnerships to closing the funding deficit in Africa which entails numerous barriers impeding economic growth and prosperity.