PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602837

Primary Business Area

Financial Institutions Group

Disclosure Date

Aug 5, 2020

Country

Cote D'Ivoire

Region

Africa

IFC Approval Date

Aug 3, 2018

Status

Active

Estimated Total Budget

$1,400,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 2, 2021

Project Estimated Start Date

Jan 1, 2019

Project Estimated End Date

Dec 31, 2021

Project Description

IFC will provide support to AMIFA, a holding company set up by the Banque Centrale Populaire Group (BCP) with several subsidiaries across Sub Saharan Africa, as well as one of its subsidiaries in Cote d'Ivoire as part of a comprehensive and multi-component advisory engagement. As AMIFA expands to serve the VSE market, it will need to work on several institutional areas that will allow them to do so in the most effective and efficient way possible. IFC’s comprehensive advisory engagement will be made up of the following six components: 1) Strategy & Business Model, 2) Positioning & Product Development, 3) Portfolio Quality, 4) Governance, Organization and HR, 5) Financing Optimization, 6) Digital Financial Services Strategy.

Development Results

E&S Risks / Impacts and Mitigation