PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

609268

Primary Business Area

Other

Disclosure Date

Aug 11, 2026

Country

Burundi

Region

Africa

IFC Approval Date

May 18, 2026

Status

Active

Estimated Total Budget

$329,500.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 11, 2026

Project Estimated Start Date

Mar 15, 2026

Project Estimated End Date

Mar 15, 2029

Project Description

The Local Champions Initiative is a transformative tool that enables IFC to engage with SMEs in fragile contexts, fostering their growth and expanding the pipeline of bankable projects. By providing a standardized package of technical assistance and tailored support, the initiative addresses critical capacity gaps, helping firms align with IFC’s investment requirements at scale. This approach not only strengthens the operational and financial resilience of SMEs but also catalyzes local economic growth, creates jobs, and enhances sustainable development in regions where support is most needed.

Development Results

E&S Risks / Impacts and Mitigation