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CCAF Publishes Report on Alternative Finance in Africa and the Middle East
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CCAF Publishes Report on Alternative Finance in Africa and the Middle East

CCAF Publishes Report on Alternative Finance in Africa and the Middle East

Fintech Nexus Staff·
Asia/PacFintechNews RoundupOnline Lending
·Feb. 13, 2017·1 min read

The Cambridge Center for Alternative Finance (CCAF) has released its first report on the alternative finance market, titled, “Africa & Middle East Alternative Finance Benchmarking Report”; the report was created with support from Energy4Impact, UKAid and CME Group Foundation; for 2015 the report cites growth of 59% and a total market of $242 million; Robert Wardrop, executive director at the CCAF says development trends in Africa and the Middle East had a different focus which was on equity crowdfunding and online micro finance as opposed to consumer and business P2P lending in other global markets.  Source

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