ICF – The end of the journey

décembre 01, 2016

For the past nine years, ICF had one goal – to work with African governments and the private sector to improve the investment climate in Africa. Now, nine years later, we have successfully completed this mandate and will therefore close at the end of December 2016.

Since our establishment in 2007, ICF’s sole mandate was to boost Africa’s economic growth by removing barriers to doing business in the continent.

We had three overarching objectives driving this mandate:

  1. Build effective coalitions with businesses and governments in order to identify and implement priority projects that drive Africa’s investment climate
  2. Work with governments to create a conducive legal, regulatory and administrative environment for businesses at all levels to invest, grow and create jobs
  3. Improve Africa’s image as an investment destination by effectively telling the story of rapid improvements in the investment climate

In collaboration with key stakeholders, ICF identified eight priority areas that could bring immediate and medium term improvement to Africa’s investment climate. We worked with our partners in these areas to achieve results in a short period of time, and with little resources. Our work in these eight priority areas was as follows:

- Improving access to commercial justice by modernising judicial systems, establishing commercial courts and creating alternative methods for dispute resolution;

- Establishing simple, transparent, efficient and cost effective ways for businesses to formalise their enterprises through faster registration and licensing;

- Modernizing cargo clearance systems at ports to significantly reduce dwell times and increase overall port capacity;

- Creating online systems for paying taxes to make it easier for businesses to meet their tax obligations;

- Assisted governments in creating the space for private sector participation in the provision of public infrastructure in order to bridge infrastructure deficits;

- Modernised land administration systems to enable individuals and commercial property owners to register their land and secure their property rights in simple and transparent ways;

- Strengthened the capacities of African financial markets to deepen access to financial services and provide alternate forms of financing to the private sector, especially smaller enterprises; and

- Built the capacities of small and medium enterprises to enable them to participate more effectively in the available markets and take advantage of other economic opportunities.

ICF has had a tremendous impact on the development of African economies. With quick initiatives, clear targets and tangible results, we have made it easier to do business in Africa. We have worked with 21 countries and three regional blocks, creating an impact for a total of 36 countries on the African continent.

Throughout our journey we have delivered over 70 projects and witnessed an extraordinary shift in the investment climate across Africa. We are honoured to have been part of this shift through the reforms we have implemented, and are happy that we could have played a critical role in facilitating the improvement of the investment climate in Africa.

01 décembre 2016

For the past nine years, ICF had one goal – to work with African governments and the private sector to improve the investment climate in Africa. Now, nine years later, we have successfully completed this mandate and will therefore close at the end of December 2016. Lire la suite »
30 novembre 2016

When ICF was started in 2007, business faced real challenges when trying to operate in Africa. Despite the increased awareness among international business communities of the investment potential that African countries had to offer, much cynicism remained about whether things will ever really change in Africa. It was therefore fundamental to further enable business, as a means of creating wealth, employment and opportunities, ultimately resulting in better livelihoods and the increased well-being of communities across the continent. Lire la suite »
30 novembre 2016

Our journey to deliver over 70 projects over the past nine years of operations has yielded a rich vein of learning experiences for ICF and our partners and we feel strongly that we have a responsibility not just to report on what we’ve delivered but also to reflect on how we have delivered it. Lire la suite »
23 novembre 2016

The South African Municipal Capacity Development Project has successfully come to an end. Funded by ICF, Anglo American South Africa and the Government of South Africa, the project aimed to improve the service delivery performance of five municipalities to make them more attractive for doing business. The project was implemented by the Development Bank of Southern Africa (DBSA). Lire la suite »
23 novembre 2016

The Tanzania Investment Centre (TIC) has launched its upgraded One Stop Centre for investment promotion. Funded by ICF and TIC, the upgraded Centre will boost TIC’s role of encouraging, promoting and facilitating investment in Tanzania. Lire la suite »
31 octobre 2016

Since its establishment, ICF has been able to build a diverse project portfolio by working with multiple African governments and various regional organizations. In just nine years, ICF’s unique approach has attracted an unprecedented number of projects that have delivered real results for African businesses. Lire la suite »
31 octobre 2016

In Burkina Faso ICF assisted in establishing an electronic single window to speed up the clearance of goods at customs. As a result, pre-clearance processing has been reduced from 15 days to three days. This trade facilitation project integrated seven government agencies, five private sector agencies, 10 commercial banks and five insurance firms. The number of documents required for imports has been reduced now to only seven compared to the former 10, and only three documents are needed for exports. Lire la suite »
07 octobre 2016

The ICF-funded Seychelles Financial and Regulatory Capacity Support project has come to an end. Implemented since August 2015, the project sought to increase the ability of the Seychelles Government to diversify the financial services sector in the country and provide better regulation and oversight within the sector. Lire la suite »
03 octobre 2016

When the Government of Burkina Faso decided to reform and improve its business environment in the latter half of the 2000s, it embarked on a comprehensive and transformational mission. Three decades of sometimes overreaching and rigid government had left the country with an opaque, confusing and arbitrary bureaucratic system wholly unfavorable to both business and Burkinabés. Lire la suite »
03 octobre 2016

Africa has always been a continent with significant investment potential. When ICF was conceived in 2005 at the G8 Summit in Gleneagles, businesses faced real challenges when it came to operating in Africa, primarily as a result of weak infrastructure and a discouraging investment climate. Since 2007 ICF has been involved in various projects with an aim to improve and change the investment climate in Africa. Our 2016 Completion Report gives an overview of the challenges that were addressed and the successes that were achieved in the past nine years of ICF operations. Lire la suite »
09 septembre 2016

Implemented between 2007 and 2016, these initiatives are making it possible for businesses to register, pay their taxes, solve commercial disputes, clear goods through customs, and so much more, in a quick, simple and transparent manner. This simplification and efficiency is helping to speed up economic growth, ultimately changing the lives of millions of Africans. Lire la suite »
07 septembre 2016

On 31st August 2016, ICF held its Completion event in Dar es Salaam, Tanzania, to mark the end of its activities and celebrate the achievements it has attained since 2007. With over 73 projects implemented in 9 years, ICF’s work has made it easier for businesses to operate in 36 African countries. Lire la suite »
06 septembre 2016

Damte Tariku has been trading coffee at the Ethiopia Commodities Exchange since 2012. He works for S. Sara Coffee Export Enterprise, a family-ran business, which exports more than 40 containers of coffee each month to Asia, Europe and America. Although S. Sara owns four coffee farms, it still needs to buy coffee from other suppliers to supplement its export volumes. Lire la suite »
01 juillet 2016

Starting a business can be a cumbersome, lengthy and often expensive process. Many countries’ business registration processes involve bureaucratic systems which often rely on manual procedures. These lengthy processes can gradually hinder and discourage entrepreneurs from opening a business. Lire la suite »
01 juillet 2016

According to the 2016 World Bank Doing Business Report, when a country’s business registration and licencing processes are not simple, business owners might choose to run their business without the appropriate licensing. The establishment of online registration platforms, including digital forms of identification such as electronic signatures, is a good way to modernise business registration and licensing processes. Such platforms provide greater access to businesses and help to reduce time and costs associated with registering and licencing a business. Lire la suite »
31 mai 2016

Most small business owners in Africa are competing for business in an increasingly competitive global environment and entering into agreements with third parties is a business norm for those wanting to succeed. However, when one party or the other fails to keep the promises that were agreed on, disputes arise and it is vital for business continuity that all disputes are resolved in an effective and timely matter. This is why Alternative Dispute Resolution plays a critical role in promoting business activities in Africa. Lire la suite »
31 mai 2016

Contract enforcement refers to the systems and processes involved in being able to get a contract enforced through legal action. Proper contract enforcement practices enhance the predictability of commercial relationships and reduce uncertainty by assuring businesses and individuals that their contractual rights will be upheld by local courts. Lire la suite »
03 mai 2016

It is evident that successful integration into the world economy increasingly depends on the realization of a series of complex measures that fall under the heading of trade facilitation. During a World Trade Organisation Roundtable in Kenya last year, Anabel Gonzales, Senior Director of the World Bank Group Global Practice on Trade and Competitiveness, said that these measures include anything from institutional and regulatory reform to customs and port efficiency and are inherently far more intricate and costly to implement. Lire la suite »
03 mai 2016

Cargo delays at African ports are one of the major obstacles to trade in Africa and in turn hinders economic development on the continent. When cargo spends too much time at ports while waiting for clearance for export or import, it increases the costs for traders, businesses, and ultimately the consumer. Lire la suite »
03 mai 2016

On 29th April 2016, ICF and the Government of Rwanda celebrated the successful completion of four projects aimed at improving the business environment in Rwanda. Lire la suite »
31 mars 2016

The Seychelles Government has launched a national Public Private Partnership (PPP) policy with the aim of increasing private sector participation in the provision of public infrastructure and services in the country. The policy provides a framework for Government and the private sector to interact in partnership arrangements that are mutually beneficial to both sides. Lire la suite »
31 mars 2016

During the past few years the topic of land registration in Africa has been addressed numerous times. Recently, the Ethiopian Urban Development and Construction Affairs Standing Committee pressed for sound land registration systems in the country, to maximise efforts to upgrade the documentation of land registration systems. Lire la suite »
31 mars 2016

In 2008 it used to take about 235 days to register land property in Sierra Leone due to laborious manual processes of recording land titles. Information about land was submitted by members of the public and stored as hardcopy paper archives resulting in long delays and high costs which in turn caused reluctance among commercial banks to accept property as a form of collateral for credit. Lire la suite »
29 février 2016

The economic foundations of the West African country of Senegal include industries encompassing agriculture, natural resources and commodities, while tourism and the hospitality industry are also growing in importance. Against this relatively diverse economic background, ICF, together with the Government of Senegal, has been particularly involved in projects in the areas of customs modernisation to facilitate trade across borders, tax reform and construction permits. Lire la suite »
29 février 2016

Le Service du registre général (RGD, Registrar General’s Department) est responsable de l’enregistrement et de l’archivage de tous les documents liés aux entreprises à l’île Maurice. Cela comprend les documents liés aux transactions de biens meubles et immeubles. Lire la suite »
29 février 2016

Around the world, governments and multinational corporations are increasingly setting their sights on Africa as a new frontier for doing business. Potential investors want to understand where and how to invest in the most rewarding and efficient manner. Lire la suite »
02 février 2016

A business goes through several stages of its life cycle, from inception to registration, expansion and finally closure. In each of these stages, businesses have to interact with various government institutions, like business registration bureaus and licensing bodies. The Rwanda Business Lifecycle Project set out to improve the services that the Government of Rwanda provides to businesses at each stage. Lire la suite »
02 février 2016

In 2016 we enter our ninth year of helping to foster a positive business environment across the African continent. At ICF we believe that the private sector plays a key role in boosting economic growth, through the production of goods and services, and distributing wealth through wage earning jobs – both of which are crucial in helping countries to develop and fight poverty. Lire la suite »
26 janvier 2016

William Asiko, le PDG du Fonds pour le climat d’investissement en Afrique (ICF, Investment Climate Facility for Africa), s’exprimera lors du dixième Sommet commercial biennal États-Unis/Afrique, à Addis-Abeba, en Éthiopie, qui se tiendra du 1er au 4 février 2016. C’est la première fois que le sommet se tient à Addis-Abeba Lire la suite »
25 janvier 2016

Lundi 25 janvier 2016, Lusaka — Le projet Ressources locales pour Partenariats (LSP, Local Sourcing for Partnerships) du Conseil des Affaires du COMESA (CBC, COMESA Business Council) soutenu par le Fonds pour le climat d’investissement en Afrique (ICF, Investment Climate Facility for Africa), l’USAID et le secteur privé tiendra sa première formation en Zambie destinée à 80 fournisseurs alimentaires et portant sur les normes de qualité et la sécurité alimentaire. La formation aura lieu du 25 au 28 janvier 2016 à l’hôtel Taj Pamodzi, à Lusaka, en Zambie. Lire la suite »
Contacts presse

Eunice Urio

Communications Manager
+255 222 129 211
Send an email

Elizabeth Mwambulukutu

Communications Officer
+255 222 129 211
Send an email

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