ICF Shares Knowledge on Business and Asset Registration
October 30, 2013
|Participants from Cape Verde, Ivory Coast,Mauritius, Rwanda and Mozambique share their experiences in the area of company and asset registration in their countries.
On the 24th to 25th October 2013, the Investment Climate Facility for Africa (ICF) in collaboration with the Registrar of Companies and the Registrar General of Mauritius organized a knowledge sharing workshop on business, land and asset registration in Port Louis, Mauritius.
The workshop brought together project directors from ICF business and asset registration projects, registrars, heads of registration reform programs and the donor community from across 11 countries. Some of these countries included Burkina Faso, Cape Verde, Ivory Coast, Mozambique, Nigeria, Rwanda, Senegal, and Sierra Leone.
The workshop aimed to identify areas of collaboration in promoting business, asset and land registration as well as to institutionalize knowledge sharing through the ICF platform.
Speaking at the event, Mrs. D.P. Chinien, the Mauritius Registrar of Companies said:
“ICF must be commended on this laudable initiative on getting Registrars from across 11 African countries to come together to share the best practices and to improve own registries.”
During the workshop participants also made site visits to the two projects that are being funded by the ICF, namely Electronic Registry and the Modernization of the Registrar of Companies Projects. The two projects showcased the electronic systems ICF has helped to put in place in order to make business, land and asset registration more effective and efficient.
After the site visit, Louise Kanyonga, Rwanda Registrar General said:
“During the project site visits to the Office of Registrar General and the Registrar of Companies, there were a few technologies that we witnessed that we would like to incorporate back home. These include the scanning technologies, bar codes and a good reporting system.”
Unlike Rwanda, some participants are in the beginning of their reform process. The Corporate Affairs Commission in Sierra Leone recently completed the exercise of manually sorting company documents from the office of Registrar General, with a total of 12 292 records of companies.
Mrs. Michala Mackay, Chief Executive Officer at the Corporate Affairs Commission in Sierra Leone said:
“For the most part the information gathered and lessons learnt would go toward the design of our Commission's Strategic and organizational plan. Being a new Commission and now in the prime of its establishment, we are better placed to learn from the experiences of others and endeavor to implement simpler and more effective laws regulations processes and procedures going forward. I was particularly impressed with the Companies and Business Integrated Registration System (CBRIS) as a whole but more particularly with the manner in which manual and electronic transactions are synchronized.”
The workshop is part of ICF’s continuous efforts to enable the business African countries to share best practices, ideas and experiences in using ICT to improve business and asset reform programs.
Participants witnessing the electronic archiving of land transactions and retrieval of information
regarding title deeds at the Registrar General Department.The Electronic Registration Project
in Mauritius is being co-financed by the ICF.
At the Registrar of Companies, participants witnessed key processes encountered from
business registration all the way to insolvency. The Modernization of the Registrar of Companies
project in Mauritius is being co-funded by ICF.
Mr. Hubert Hourizene, ICF Project Director (L) and Mrs. D. P. Chinien, Registrar of Companies
the Registrar of Companies (R) hold the Mauritius Public Service Excellence Award received
by the Registrar of Companies Department.