September 19, 2023
Asset Leasing in Africa has gained popularity in recent years as an alternative to asset ownership.
In short, Asset Leasing refers to the practice of renting or leasing tangible assets, such as machinery, equipment, vehicle(s), or infrastructure, for a specific period typically ranging from a few months to several years, in exchange for regular payments. This arrangement allows businesses to acquire necessary assets without the upfront capital investment required for outright purchase.
There are different types of asset leases available in Africa. In Kenya for instance, the most common types include: