PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606770

Primary Business Area

Financial Institutions Group

Disclosure Date

Mar 4, 2025

Country

Chad

Region

Africa

IFC Approval Date

IFC Approval Date Pending

Status

Active

Estimated Total Budget

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

Last Updated Date

Mar 18, 2025

Project Estimated Start Date

Jul 7, 2022

Project Estimated End Date

Project Estimated End Date Pending

Client Legal Name

CHAMBER OF COMMERCE, INDUSTRY AND AGRICULTURE OF MAURITANIA ,VISTA BANK BURKINA FASO

Project Description

This is an advisory services project aimed at supporting and advising FI’s and strategic partners in the Sahel region on delivery of relevant NFS to MSMEs. It will leverage IFCs existing NFS and skills development solutions to meet the needs of FI’s and their MSMEs customers. The project will comprise two activities that will enable FI’s and strategic partners to offer NFS to immediately support MSMEs in the Sahel region and will comprise components that will create awareness for the benefits of NFS among FIs and strategic partners, and disseminate knowledge on best practices: These include Partner identification and awareness creation on the benefits of NFS in each of the targeted countries and delivery of workshops on business management with a focus on financial management and digitization. All this is aimed at building the skills of MSMEs to help them become bankable, and supporting the FI's to serve their MSME clients better and improve their chances of accessing finance.

Development Results

E&S Risks / Impacts and Mitigation