The African School of Economics (ASE) is pleased to announce the launch of the Institute of Finance and Management (IFM). This pioneering research center aims to promote financial and private sector development in Africa by building and exchanging knowledge on financial services and market access among academia, business leaders and governments.

The goal of IFM is to leverage ASE’s expertise in finance and economics and its knowledge of the local context to pursue four major initiatives to promote the access and use of financial services in Africa. These initiatives are:  

  • An advanced academic research program on pertinent issues such as money and banking, financial regulation, financial inclusion, household finance, market access, management, and organizational economics.
  • Consulting and technical support services for local and international businesses and government institutions.
  • Training for students and local business leaders aimed at building a sense of strategic business development and planning in the local community, including tailored workshops for students in ASE’s MBA and PhD programs and executive education programs for local business leaders.
  • The development and promotion of digital financial and management solutions in collaboration with ASE’s Development Research Lab. 

Given the importance of finance to economic development and poverty reduction, the IFM hopes to promote finance, management, and marketing as central components of economic research in Africa, become a leader in management and quantitative market research for firms and governments hoping to develop Africa’s private sector, and build the capacity of local business leaders to implement smart business plans and effectively utilize financial services.