Project description / objective
Enterprise Partners facilitates agro-industrial growth and enables access to finance. It works in four priority sectors in Ethiopia - apparel, leather, horticulture and finance - to bring about systemic change and create 45,000 new jobs and increase the incomes of 65,000 people.
Market system focus
Strengthening market systems in three priority sectors of the Government of Ethiopia:
- Cotton, textile and apparel
- Leather and livestock
- Fruits and vegetables
Access to finance
Strengthening financial systems for increased financial inclusion of the poor into formal financial systems and enabling investments for small, medium, and large enterprises.
Improve labour market systems and cotton production to create a sustainable industry with strong backward linkages. Support the Government of Ethiopia’s flagship Hawassa Industrial Park create 60,000 jobs in the apparel sector.
Promote production of high-value crops for export and support the processing industry.
Increase finishing capacity of tanneries and produce high-value leather products to increase export.
Access to finance sample activities
Provide technical assistance and finance (World bank credit line) to banks, microfinance institutions, leasing companies and the Development Bank of Ethiopia to support SMEs who are women-owned or contributing to industrial growth.
Promote foreign direct investment and private equity capital investment, especially in priority agro-industrial sectors.
Notable results (systemic change, poverty impact)
- 48,861 jobs supported (80% women)
- 28,292 people increased income by 20% or more
- Generated £29.5 million in sales and £294.7 million in investment
- 15,757 women-owned businesses accessed loans and business development services
- 105,878 people access financial service
- 143 firms changed practices
(programme information updated November 2020)