PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599255

Primary Business Area

Investment Climate

Disclosure Date

Jun 24, 2014

Country

Western Africa Region

Region

Africa

IFC Approval Date

Apr 30, 2014

Status

Completed

Estimated Total Budget

$10,350,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 8, 2022

Project Estimated End Date

Dec 19, 2018

Project Description

The project will address a range of investment policy and business taxation issues that constitute barriers for the private sector to invest efficiently across the region. These issues include substantive and procedural investment entry restrictions, investment performance requirements, race-to-the-bottom dynamics in investment incentives, and lack of effective transfer pricing frameworks. Regional stakeholders (primarily the ECOWAS Commission) have already developed appropriate regional frameworks on most of the issues (except transfer pricing), and have sought technical assistance to advance the implementation of the relevant reform initiatives in the region / across their membership.

Development Results

E&S Risks / Impacts and Mitigation