AfSME West & C (IFC-600726)

  • Ghana
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jan 30, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Government of Ghana
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 2.49 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 14, 2017

Disclosed by Bank Jun 13, 2017

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The project will directly engage with FIs, Real sector corporates, SMEs, Trainers, Intermediaries and Key Stakeholders to create an Ecosystem that qualifies and sustains the growth of SMEs to access markets/value chains and suitable finance. Through the following components the West and Central Africa SME program will: 1. Engage Financial Institutions to expand their Non-Financial Services ("NFS") activity for SMEs. 2. Engage IFC's Real sector corporate clients directly or Corporates on the portfolio of FIs (as in component 1) to increase SMEs in their value chains. Most corporates are looking to the SME sector to extend their reach and market share beyond their current segments. 3. Engage intermediaries and stakeholders in FCS/other to improve the SME Ecosystem to access markets/value chains and suitable finance. In FCS and other non FCS countries like Cape Verde, where there may be no FI or Real Sector clients, stakeholder intermediaries like ADEI and Growth Pole Initiatives of the World Bank that have a network of FIs and Multinational companies ("MNCs") targeting SMEs are potential clients/partners in discussion to support SMEs access viable markets and suitable finance. 4) Support the development of a platform of business development services and services providers, a platform of information and e-learning services. This includes the strengthening of the capacity of Local Business Edge and SME Toolkit partners by providing capacity building to certified and potential trainers, develop new content and link them to FIs, Corporates and Intermediaries/stakeholders IFC's Business Edge (Face to Face training) includes manuals and workbooks for 6 areas: Financial Management and Accounting, Human Resource Management, General and Operations Management, Personal Productivity Skills, Tourism and Hospitality and the latest content produced in SSA region, called Governance while the SME Toolkit (on line platform) provides an information dissemination structure and quality assurance to SME training and also provides standardized templates to encourage SMEs to formalize records of their operations etc.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
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 You can learn more about the CAO and how to file a complaint at

How it works

How it works