PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601999

Primary Business Area

Infrastructure and Natural Resources

Disclosure Date

Oct 30, 2019

Country

Ghana

Region

Africa

IFC Approval Date

Apr 5, 2018

Status

Completed

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Apr 1, 2018

Project Estimated End Date

Jun 30, 2023

Project Description

The objective of the Project is to improve the business practices of local small and medium enterprises and help increase their access to market opportunities, as well as improve socio-economic conditions of communities hosting oil, gas, mining, agribusiness and large infrastructure projects in 5 selected municipalities and districts in the Western Region of Ghana. The Project will cover the following 3 components: COMPONENT 1: Local Content Development Build the technical, financial and operational capacity of local small and medium enterprises (including women-owned businesses), to improve their business practices and competitiveness; COMPONENT 2: Local Economic Development This component aims to strengthen the financial, technical and management capacity of micro, small-scale enterprises operating outside the oil, gas and mining sectors (including women and youth groups) and increase income generation. This will include a focus on supporting livelihood interventions in selected communities, and the provision of business and financial management training and other capacity building interventions; COMPONENT 3: Institutional Capacity Building This component aims to strengthen the capacity of identified and selected local institutions and stakeholders to improve their engagement on local economic development, and to position local women to increase their participation in decision-making at the local level. The project will therefore support the development of the identified local institutions to provide sustainable business development services to local businesses and business member associations.

Development Results

E&S Risks / Impacts and Mitigation