For the last decade, Pakistan has been in the grip of a severe energy crisis. More than 144 million people across the country do not have reliable access to the grid, either because they are not connected or because they experience daily blackouts which often last over 12 hours per day.
The power shortfall has severely hampered economic development and job creation across the country and it has only become more severe over the last five years.
As a result, Pakistanis use a mix of technologies to light their homes and businesses. They spend an estimated $2.3 billion a year on everything from candles, to kerosene lamps, to battery-powered torches.
This study explores the potential of another option: solar-powered lighting. Through a combination of market research and household surveys, it found that there is potentially a robust market for solar lighting solutions, which run the gamut from simple solar-powered desk lamps to large systems that can power multiple appliances. These systems are safer, more reliable, and, over the long run, cheaper than many of the technologies in widespread use today. Overview of Pakistan Off-Grid Lighting Consumer Perceptions
Publish Date: 5/27/15
IFC helped raisin and pomegranate farmers increase the quality and quantity of their crops through farm extension services and farm management training. The training provided them with information about harvesting, grading, and storing their products, and enabled them to access new markets in Afghanistan and abroad.
Region: Middle East & North Africa / Strategic Priority: Agribusiness, SMEs / Key Topic: Fragile States
An overview of the financial needs of very small, small and medium enterprises in Tunisia. Executive Summary Market Assessment of the Financial Needs of Very Small, Small and Medium Enterprises in Tunisia (EN)
Publish Date: 11/10/14
The World Bank Group aims to eradicate extreme poverty and increase shared prosperity through economic growth, inclusion, and sustainable development. In Eastern Europe and Central Asia, IFC furthered these objectives with a strong focus on frontier regions, agribusiness, gender equity, and financial markets, while also improving infrastructure and mitigating the impact of climate change.
Publish Date: 10/7/14
There is a huge demand for Islamic products by small and medium enterprises in the Middle East and North Africa region and, according to this study, approximately 32 percent of such businesses remain excluded from the formal banking sector because of a lack of Shariah-compliant products. The study reveals that, there is a potential gap of $8.63 billion to $13.20 billion for Islamic SME financing within un-served and underserved SMEs categories, with a corresponding deposit potential of $9.71 billion to $15.05 billion across these countries. This is due to the fact these un-served and underserved SMEs do not borrow from conventional banks, only owing to religious reasons. This potential is a “new to bank” funding opportunity, which is still untapped, as banks and other financial institutions lack adequate strategic focus on this segment to offer Shariah-compliant products.
Islamic Banking Across Small and Medium Enterprises in Pakistan
Publish Date: 9/3/14
Small and medium enterprises (SMEs) are now widely recognized as engines of economic growth and key contributors to sustainable
gross domestic product (GDP) of all countries, including those in the Middle East and North Africa (MENA) region. These businesses
predominantly operate in the manufacturing and service sectors and create employment opportunities for both skilled and unskilled persons.
However, market conditions and regulatory environments are not always supportive of the growth of SMEs and access to formal finance
is one of the main obstacles they face.
Publish Date: 9/1/14
This report analyzes the current status of Waste Heat Recovery (WHR) technology deployment in developing countries and investigates the success factors in countries where WHR has become widely spread.
Publish Date: 6/12/14