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Insights Into Preparing Training Courses on Financial Services for Entrepreneurs in Africa

Insights Into Preparing Training Courses on Financial Services for Entrepreneurs in Africa
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Author(s): Nuno Teixeira (Polytechnic Institute of Setúbal, Portugal)and Luisa Margarida Cagica Carvalho (Polytechnic Institute of Setúbal, Portugal & CEFAGE, University of Évora, Portugal)
Copyright: 2022
Pages: 24
Source title: Interdisciplinary and Practical Approaches to Managerial Education and Training
Source Author(s)/Editor(s): Luísa Cagica Carvalho (Polytechnic Institute of Setúbal, Portugal & CEFAGE, University of Évora, Portugal), Nuno Teixeira (Polytechnic Institute of Setúbal, Portugal)and Pedro Pardal (Polytechnic Institute of Setúbal, Portugal)
DOI: 10.4018/978-1-7998-8239-8.ch001

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Abstract

Access to financing for micro, small, and medium entrepreneurs continues to face obstacles and difficulties. This scenario becomes even more evident when we refer to the situation of the African continent, where the financial system still shows tendencies that do not favor the productive sector. Under the Envolver project, which aims to promote the development of a sustainable and inclusive private sector, based on the diversification and availability of financial services adapted to MSMEs and entrepreneurs, a diagnostic study was developed to map the financial products currently available to micro, small, and medium enterprises. This study allows us to outline a set of recommendations for innovative financial solutions adjusted to this audience, based on examples of success in contexts similar to Angola.

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