ICF’s investment climate projects come to a close

31 outubro 2016




Since 2007, ICF’s sole mandate was to boost Africa’s economic growth by working to eliminate barriers to doing business on the continent. By working with local businesses and governments ICF was able to identify and improve priority areas that drive the investment climate in African countries.

ICF’s overall objectives were to build effective coalitions between businesses and governments, working with these stakeholders to create conducive environments for businesses at all levels to invest, grow and create jobs, as well as improve Africa’s image as an investment destination.

ICF has successfully completed its mandate, having implemented 73 business reform projects in 21 African countries and across three regional blocks. In preparation for its complete closure in December, ICF is busy concluding the last projects

Cape Verde:

ICF’s final project in Cape Verde focussed on increasing private sector participation in strategic sectors of the country.

The Government of Cape Verde has a portfolio of 27 state owned enterprises (SOEs) that play an important role in key sectors of the economy. In order to improve asset management and increase private sector participation in these sectors, the Government decided to strengthen the capacity of the SOE Unit in the Ministry of Finance and Planning and establish a Privatisation and Public-Private Partnership Unit (P&PPP).

ICF supported the Government to establish the P&PPP Unit in an effort to increase investment opportunities for the private sector in Cape Verde. Not only is this expected to increase economic growth in the country, it will also help reduce the Government’s public debt burden. Already, three state-owned enterprises have been privatised as a result of the project. The project also contributes toward transferring knowledge, technology and management skills in the country through increased private sector participation.


In Seychelles, ICF’s final support focused on the diversification and deepening of the financial service sector, as well as strengthening the country’s oversight and regulatory regime for the financial services sector.

The objective of the Seychelles Government was to create an enabling environment for private sector investment through deepening and diversification of this sector, development of financial infrastructure, capital markets, financial inclusion and capacity building for the implementation of the requisite regulations.

ICF’s assistance laid the foundation for these changes by working with three different Government departments to support law reviews, research studies, policy papers, and capacity building missions. The project contributed to strengthening the country’s Financial Sector Development Implementation Plan and provide a foundation for the Government to move forward its diversification agenda.

Burkina Faso:

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.

ICF also facilitated a project to improve property rights in the country by establishing an electronic system that interconnects the Government’s business, land and construction permit systems for better intra-government sharing of information, which reduces delays and costs for business owners.

ICF has played a critical role in implementing reforms in these countries and we are honoured to have been involved in creating business benefits for so many people.

01 dezembro 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. Ler mais »
30 novembro 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. Ler mais »
30 novembro 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. Ler mais »
23 novembro 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). Ler mais »
23 novembro 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. Ler mais »
31 outubro 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. Ler mais »
31 outubro 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. Ler mais »
07 outubro 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. Ler mais »
03 outubro 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. Ler mais »
03 outubro 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. Ler mais »
09 setembro 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. Ler mais »
07 setembro 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. Ler mais »
06 setembro 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. Ler mais »
01 julho 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. Ler mais »
01 julho 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. Ler mais »
31 maio 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. Ler mais »
31 maio 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. Ler mais »
03 maio 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. Ler mais »
03 maio 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. Ler mais »
03 maio 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. Ler mais »
31 março 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. Ler mais »
31 março 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. Ler mais »
31 março 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. Ler mais »
29 fevereiro 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. Ler mais »
29 fevereiro 2016

A RGD - Registrar General's Department (Conservatória de Registo Geral) é responsável pelo registo e arquivo de todos os documentos relacionados com bens e propriedades nas Maurícias. Estes incluem os documentos relacionados com transacções de bens móveis e imóveis. Ler mais »
29 fevereiro 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. Ler mais »
02 fevereiro 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. Ler mais »
02 fevereiro 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. Ler mais »
26 janeiro 2016

William Asiko, presidente do Investment Climate Facility for Africa (ICF), discursará na 10ª Cimeira Comercial Bienal EUA-África em Adis Abeba, na Etiópia, que se realizará de 1 a 4 de Fevereiro de 2016. É a primeira vez que a cimeira tem lugar em Adis Abeba. Ler mais »
25 janeiro 2016

Segunda-feira, 25 de Janeiro de 2016, Lusaca — O Projecto 'Local Sourcing for Partnerships - LSP' do COMESA Business Council’s (CBC) (Conselho Empresarial COMESA), apoiado pelo Investment Climate Facility for Africa (ICF), USAID e pelo sector privado, proporcionará a primeira acção de formação do género na Zâmbia para 80 fornecedores de produtos alimentares sobre normas de qualidade e segurança nos alimentos. Esta acção de formação realizar-se-á de 25 a 28 de Janeiro de 2016 no Taj Pamodzi Hotel, em Lusaca, Zâmbia. Ler mais »
Contactos para a imprensa

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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