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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
May 11, 2022
Project Estimated Start Date
Project Estimated Start Date Pending
Project Estimated End Date
Project Estimated End Date Pending
Project Description
In partnership with Banque Centrale de la République de Guinée (BCRG), this 2-year project aims at fostering financial inclusion in Guinea by creating a platform for financial service actors to partner and offer innovative Digital Financial Services (DFS) solutions to non- and under-served populations.
Development Results
1-Increased access to finance and improve financial supervision consequently enhance financial inclusion.
2-Increased Innovation within the digital financial services a new players entering the market.
3-A Strengthened financial services sector.
Indicator
Cumulative
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
null
Number of workshops, training events, seminars, conferences, etc.
null
E&S Risks / Impacts and Mitigation
Performance Standard
Description and 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. 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 IFCs Performance Standards as defined in IFCs Policy on Environmental and Social Sustainability. Where relevant, IFC will assist the client in defining measures to identify and manage E&S risks and impacts of the business activities supported by the project.
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