SME V - OAF (IFC-601647)

Countries
  • Ghana
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
Jul 27, 2016
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
OAF
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)
$ 1.87 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 Mar 5, 2018

Disclosed by Bank Mar 1, 2018


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Can you contribute information about this project?
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Project Description

SME V OAF will provide support to Oasis by supporting portfolio value creation and exits of the remaining deals under EVF. For OAF, Advisory will provide resources to support networking in the new Cote d'Ivoire market, ensure better deal generation and structuring for OAF, and focus on investment strategy, team capacity, and pipeline development. The technical assistance for OAF will also support Oasis' portfolio value creation which, based on learnings from the first fund, will target upgrades to SMEs financial and management systems and enhancing SMEs technical expertise for competitiveness. WBG advisory support through the Financial Markets GP will study and provide recommendations on the regulatory environment as needed in Ghana and Cote d'Ivoire.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

No project contacts available 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/