South.AfCGP (IFC-600838)

Countries
  • South 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
Active
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
Jun 4, 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
Government of South Africa
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 0.35 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 24, 2017

Disclosed by Bank Oct 25, 2017


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Project Description
The South Africa Corporate Governance Program aims to build sustainable businesses and improve the business environment through targeted CG services. 1: Firm-level: Provide direct assistance to selected firms, such as: - CG Assessment and Development of Improvement Plan - Training on CG principles, practices and framework as well as benefits thereof 2: Market-level: Build capacity and strengthen CG intermediaries and market infrastructure through training-of-trainers events and other interventions to help training institutes, Local CG service providers and other market intermediaries (associations, investors, media, consultants) increase outreach to firms and other institutions across Sub-Sahara Africa 3: Macro-Level: Awareness raising activities to trigger interest and awareness of the effort of IFC and South African institutions to increase outreach to and potentially influence CG practices and adoption in other countries and firms across the region.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
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