Credit Analysis and Development Finance for the Financial Sector
Project / Program Summary

1. Objectives
   
   The objective of the project is to develop the capacity of development finance institutions in African Countries in the areas of credit analysis and development finance with an emphasis for Small and Medium Scale Enterprises (SMEs), based on Asian lessons.
2. Activities
   
   Training courses will be organized in Malaysia for the trainers of Development Finance Institutions in Africa. The course is designed to deal with issues such as credit analysis procedure, tools for analysis, corporate analysis, industrial analysis, and industrial development in Africa, lessons of Asian experiences.
   
   In turn, these trainers will organize in-country training courses for the staff of their respective Development Finance Institutions. For this purpose, training materials, including case materials are developed and provided to improve the quality of in-country training courses.
   
   Exchanges of top management between African and Asian Development Finance Institutions will be conducted to expedite the policy and institutional reforms by learning from each other.
   
   Technical cooperation for advisory services will be provided to improve the in-country training courses and to expedite the reform process in African Development Finance Institutions.
3. Expected outcomes
   
   (1) 20 African financial officers of DFIs each year will be trained as trainers for total of 60 over 3 years period.
   
   (2) 200 mid-career staff of the African DFIs will be trained annually in the in-country training courses which are to be organized by 60 trainers over 3 years period. (a total of 600 persons)
   
   (3) 15 top management of African and Asian DFIs each year are also exposed to the partner DFIs for sharing experience and expediting institutional reforms over 3 years period. (a total of 45 persons)
   
   (4) Cooperation network between Asian and African DFIs will be established and institutionalized.
4. Features in line with the Agenda for Action
   
   The Project assists the capacity building of the Development Finance Institutions in Africa through training of the staff. Consequently, it will improve and strengthen the banking system and facilitate savings mobilization and channeling of credit to meet the investment and working capital requirements of business, particularly SMEs, within the context of a deregulated but prudentially supervised system of financial intermediation in Africa.

Special Unit for Technical Cooperation among Developing Countries,
(SU/TCDC), UNDP
304 East 45th Street, New York, N.Y. 10017
Tel. (212)906-5609
Fax. (212)906-6352