Multinational - Regional Franchising Program


Project Summary

Approval Date 22 Jun 2006
Signature Date 22 Jun 2006
Planned Completion Date 30 Jun 2013
Last Disbursement Planned Date 30 Jun 2013
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 32130
Commitment U.A 635,560.08
Status Completion

Project General Description

The Regional Franchising Program aims to stimulate economic growth and job creation in the SME sector through the advancement of franchising in Africa. It has a total cost of USD 950,000. The program consists of 3 components: (i) To develop cost effective standardized materials to create awareness on franchising, thereby providing a starting point for the advancement of franchising in African countries; (ii) To create an enabling legal and regulatory environment, and equip franchising stakeholders with the capacity to support the development of franchising; (iii) Create business opportunities for the Bank and its financial partners in the region to commence extending finance to franchise systems so as to grow and expand the sector. It will be executed through a cost-effective three level approach: regional, subregional, and country level.

Project Objectives

As part of this program, awareness will have been created with at least 10 overnments, 10 banks, 50 franchisors, on franchising development and on the support role required for franchising development. Capacity of at least 5 franchising associations will have been built. Capacity will have been built with policy makers, lawyers and judges from at least 10 countries. A roster of franchisors will have been established, and at least 20 franchisors with international aspirations will have been approved and are registered on the roster. At least 10 franchisors will have been assisted to identify new market opportunities.

Participating Organization

Funding
Fund for African Private Sector Assistance
Implementing
Moyanga, Louw & Associates under the supervision of the African Development Bank

Information

IATI identifier 46002-P-Z1-KB0-002
Last Update 31 Oct 2019

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Contact Details

Email fapa@afdb.org

Geographic Location

Country Multinational