This book examines the changing role of national development banks (NDBs) in Africa. It presents a comprehensive overview of NDBs in Africa, examining their key characteristics, theoretical underpinnings, and growing importance to African economies.
The book fully examines the role of NDBs and their potential to support development goals, address gaps in finance left by underdeveloped capital markets, and mobilize resources from the public and private sectors to encourage new long-term investments. Chapters cover the historical background and theoretical rationale for NDBs; the contemporary role of NDBs including their role in sustainable development, climate finance initiatives, and infrastructure development; funding sources, business models, monitoring and impact evaluation; and corporate governance, risk management and regulation. Case studies are also included to demonstrate the individual contributions of NDBs to several national economies.
The book contributes to the limited literature in this area by providing a detailed resource on NDBs for scholars, students, policymakers and regulators working in the areas of development finance and banking.
Part I: Overview of Development Finance Institutions and National
Development Banks.- Chapter 1: Introduction to National Development
Banks.- Chapter 2: Overview of Development Finance Institutions.- Chapter 3:
Theoretical Perspectives and Rationale for National Development Banks.- Part
II. Contemporary Roles of National Development Banks.- Chapter 4:
Contemporary Roles, Contributions and Challenges of National Development
Banks.- Chapter 5: Agricultural Financing in Africa: The Role of National
Development Banks.- Chapter 6: Financing Infrastructure Development in
Africa: The Role of National Development Banks.- Chapter 7: National
Development Banks and Sustainable Development.- Chapter 8: National
Development Banks and Climate Finance.- Part III: Business Models,
Monitoring and Evaluation, and Impact Evaluation.- Chapter 9: Business Models
of National Development Banks.- Chapter 10: Monitoring and Evaluation, and
Impact Evaluation.- Part IV: Corporate Governance, Risk Management, and
Regulation.- Chapter 11: Corporate Governance of National Development
Banks.- Chapter 12: Risk Management of National Development Banks.- Chapter
13: Regulation and Supervision of National Development Banks.- Part V: Case
Studies on National Development Banks in Africa.- Chapter 14: Ghanas System
of National Development Banks: The Case of Ghana Export-Import Bank.- Chapter
15: Ugandas Experience with National Development Banks: The Case of Uganda
Development Bank Limited.- Chapter 16: The System of National Development
Banks in South Africa: Development Bank of Southern Africa.
Joshua Yindenaba Abor is a financial economist, Professor of Finance and former Dean of the University of Ghana Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London and has held Visiting Scholar positions at the IMF. He is also an Afreximbank Research Fellow and a member of the Monetary Policy Committee of the Bank of Ghana.
