PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607451

Primary Business Area

Other

Disclosure Date

Jan 29, 2024

Country

Mozambique

Region

Africa

IFC Approval Date

Feb 10, 2023

Status

Completed

Estimated Total Budget

$940,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Dec 17, 2025

Project Estimated Start Date

Feb 10, 2023

Project Estimated End Date

Dec 31, 2024

Project Description

This project aims to assist the Ministry of Justice, Constitutional and Religious Affairs (MJCR) in enhancing the implementation of Mozambique's new legal framework for businesses, specifically in relation to the application of the Commercial Code. The project will provide technical assistance in two key areas: 1. Regulatory review and reform implementation. This involves supporting the government in drafting additional laws, regulations, amendments, and other complementary measures necessary for the effective implementation of the Commercial Code. 2. Capacity building and reform communication. This includes various activities such as: a) training government officials responsible for implementing the reforms, b) assisting the MJCR in developing explanatory materials to support adequate implementation of the Commercial Code, c) raising awareness among Mozambique’s private sector about the benefits of the reforms aimed at simplifying business creation and operations, and d) supporting the preparation of communication material and mechanisms to disseminate the reforms.

Development Results

E&S Risks / Impacts and Mitigation