CAR ICP (IFC-601345)

Countries
  • Central African Republic
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
May 17, 2017
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 the Central African Republic
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
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.
Investment Amount (USD)
$ 0.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.60 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 Jan 28, 2018

Disclosed by Bank Dec 15, 2017


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

Project Description

The project will limit the scope of engagement to two entry points: Adopting reforms/ policies to improve the regulatory/ investment climate related to business registration and construction permits. We will use the Public Private Dialogue as a tool for supporting the reforms initiative

The project plans to focus on one components:Strenghtening the public and private dialogue and improving the investement climate.

Component 1: Strengthening client capacity to sustain reforms. Activity 1 will leverage on the existing Public Private Dialogue platform and support open platform and support open governance practices, practices by encouraging greater private sector participation for more efficient, effectives and sustainable reforms process. Activity 2 will provide Technical Assistance to the government of CAR to design, coordinate and implement investment climate reforms.

People Affected By This Project

The proposed project is expected to increase public disclosure through improved transparency and dialogue between the public and private sector. PPD is an engagement mechanism which focuses on exchange and identification of reforms and policies in the business environment. If carried out successfully, PPD should enable businesses and entrepreneurs to demand improved services as well as promote greater inclusion and transparency of decision-making in government.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

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/