PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

592087

Primary Business Area

Global Practice - Trade & Competitiveness

Disclosure Date

Apr 29, 2013

Country

Western Africa Region

Region

Africa

IFC Approval Date

Feb 22, 2013

Status

Completed

Estimated Total Budget

$3,660,118.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 2, 2019

Project Estimated End Date

Jun 30, 2016

Project Description

The project is a follow on of the broader regional legal and regulatory reform program, designed to support increased formal business establishment and investment by reducing administrative obstacles to investment and increasing access to business finance in West and Central Africa. It is about catalyzing some behavioral changes: firms register and become formal as a result of simpler procedures and increased understanding of the benefit of registration; and financial institutions increase the volume of lending as they become more comfortable with lending to local businesses with the availability of a better debt-recovery mechanism.

Development Results

E&S Risks / Impacts and Mitigation