|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|
|DAC Sector Code||32130|
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.
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.
Fund for African Private Sector Assistance
Moyanga, Louw & Associates under the supervision of the African Development Bank
|Last Update||11 Jul 2020|