Framing the Issues: Building Securitization Markets in Africa to Advance the SDGs

Framing

Despite their promise, securitization markets are under-developed in many developing and emerging market countries, including across the continent of Africa, where the SDG financing gap is the widest. Only a handful of African countries have experience with securitization transactions. The good news, though, is that a range of stakeholders are working to change this state of affairs and help develop these important markets.

In order to highlight this work, showcase successful transactions, and increase awareness of securitization’s potential across the continent, the Milken Institute organized a pair of stakeholder webinars on July 14 and September 10, 2020. Each webinar convened over 80 participants, including securitization experts, regulators, financial industry executives, and international development finance specialists. The first discussion was on accelerating securitization to finance sustainable development, with a focus on Cote d'Ivoire, Ghana, Kenya, Nigeria, and South Africa. The second discussion focused on increasing awareness of the benefits of securitization for investors. This report summarizes the key insights shared by speakers and participants across both webinars.

Updated/Published February 8, 2021