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.
$354,026.00 (Project budget includes all project-funded activities)
Last Updated Date
Dec 11, 2025
Project Estimated Start Date
Jul 21, 2020
Project Estimated End Date
Sep 30, 2024
Project Description
Project Information Pending
Development Results
The SME V CCA project is expected to achieve development impact for businesses in Nigeria and Ghana through enhanced access to risk capital; operational improvements; growth in revenues and profitability; improved governance and E&S standards. IFC's advisory engagement will focus on: i) helping the Fund Manager's operations and systems by leveraging expertise and support on suitable back-office systems, team capacity building, deal due diligence and structuring, portfolio performance, value addition and exit strategies. The Impact will be measured as financing facilitated to SMEs; number of Jobs supported, and revenues generated by the SMEs.
Development Results Pending
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
Initial Disclosure: 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.
Annual Disclosure(for all BLs):
IFC team has monitored this project to continue to ensure consistency with IFC's Performance Standards.
We may need to provide additional information in case
a) a new PS is triggered (therefore a new risk is foreseen) and
b) when a project moves from a low/medium risk to a high risk. The appropriate language will be drafted by the PL in coordination with the sustainability champion on a project by project basis.
Initial Disclosure: 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.
Annual Disclosure:
IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures
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.
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