Lease Financing in Ethiopia: An assessment of five Leasing companies

This paper presents the current state of lease financing in Ethiopia as well as challenges or impediments facing the leasing sector including review of legal and regulatory framework of leasing. It also tried to demonstrate the views of leasing practitioners and experts towards potential prospects of leasing in Ethiopia. On the basis of survey analysis and interview result of 42 leasing stakeholders¿ questionnaire ¿ response and outcome, the study recommends changes to legal and regulatory framework to create an enabling environment for leasing development and ensure clarity of leasing laws and regulations as well as challenges of the leasing sector be resolved by the concerted efforts of key stakeholders in a way that spur the development of leasing industry in the country.