PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603298

Primary Business Area

Other

Disclosure Date

Apr 16, 2019

Country

Kenya

Region

Africa

IFC Approval Date

Jul 31, 2018

Status

Completed

Estimated Total Budget

$4,857,614.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 4, 2025

Project Estimated Start Date

Jul 1, 2018

Project Estimated End Date

Dec 31, 2021

Project Description

The Kenya Investment Climate Project (KICP 3) is one of 3 projects under the umbrella Competitiveness Enhancement Program whose main goal is to strengthen Kenya’s competitiveness and job creation potential through targeted private sector enabling interventions. KICP 3 specifically aims to strengthen the business environment, enhance efficiency and transparency and open markets in key sectors of the economy through targeted legal and regulatory improvements at national and subnational levels. Project success will be measured through a robust monitoring and evaluation framework estimating impact in terms of direct private sector savings, investments and jobs generated, growth in business formalization, and investment enabling reforms at both levels of government.

Development Results

E&S Risks / Impacts and Mitigation