Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
$1,000,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Jul 2, 2022
Project Estimated Start Date
Jan 1, 2017
Project Estimated End Date
Mar 31, 2019
Project Description
The overall objective of this TA program is to improve the performance of MTN Cameroon's mobile money business so that it can provide reliable financial access to the vast swathes of unbanked customers in Cameroon.
Development Results
This project will help accelerate financial inclusion in Cameroon through a mobile money program.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
Not Available
8
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
11
Number of risk management procedures/firm policies/practices/standards proposed for improvement or elimination (for Risk Management)
Not Available
2
Number of entities receiving advisory services
Not Available
1
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
Not Available
5
E&S Risks / Impacts and Mitigation
Performance Standard
Description & Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards Standards and will provide recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.