M Investment Climate Reform (IFC-600607)

Regions
  • Africa
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 25, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
(Not Provided at the time of disclosure)
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 2.12 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 4, 2018

Disclosed by Bank Jul 5, 2016


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Project Description
The project seeks to increase the country's competitiveness as an investment destination and support the Government to attract, support and retain investments in non-extractives sectors (agribusiness, tourism) where the country has proven comparative advantages. The Project has three mutually reinforcing components: one focused on delivering economy wide Investment climate reform, a second focusing on enhancing the enabling environment for investment entry and operation in priority sectors (agribusiness and tourism) and the third focused on removing selected barriers to trade.
People Affected By This Project
The project will seek to increase the country's competitiveness as an investment destination and support the Government to attract, support and retain investments in non-extractives sectors (agribusiness, tourism) where the country has proven comparative advantages. The project will support a) economy wide investment climate reforms, b) trade logistics reform as well as c) sector specific advisory to unlock binding constraints and catalyze domestic and international investment in agribusiness and tourism.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
Contact details not provided at the time of disclosure ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/