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This report focuses on how African, Caribbean and Pacific (ACP) countries can benefit from the resources of the diaspora to achieve the UN’s Sustainable Development Goals. It is written as part of the series of reports on “Innovative approaches to support entrepreneurs”.   The report finds that, in addition to innovative tools such as crowdfunding […]
Côte d’Ivoire has been an African success story for much of the last decade. The World Bank estimates that its GDP growth rate was on average 8.2% in the seven years between 2012 and 2019, one of the most dynamic in the world. Much of its growth comes from small and medium-sized enterprises (SMEs), which […]

Annual Report 2021-2022

Annual Report
Business Regulation and Policy
This Progress Report reflects the progress on the activities of the ICR Facility achieved until August 2022, with a particular focus on the period 1 September 2021–31 August 2022. The ICR Facility is implemented through three Output Areas. In Output Area 1  Implementation of demand-based interventions was in full swing throughout the year. High numbers […]
The honour loans mechanism is a multidimensional one combining financing free of interest or requirement for securities or guarantees, with support to entrepreneurs. It has several benefits for entrepreneurs: Firstly, it finances their development, serving as seed funds and strengthening their project’s equity. It can therefore create financial leverage with microcredit or banking loans. Secondly, it can help […]
The ICR Facility provided technical assistance to the Tanzania Agriculture Development Bank (TADB) in response to a proposal submitted by the bank for support in increasing its outreach to women and youth. TADB is a state-owned development finance institution (DFI) which was launched in 2015. The bank aims to catalyse access to finance to smallholder […]
Supporting Investment In Inclusive Business And Social Enterprises: Best Practice For Policymakers And Investors In ACP Countries Executive Summary Mobilising private capital to deliver social and environmental benefits in African, Caribbean and Pacific countries is vital if the Sustainable Development Goals are to be met. ‘Impact investment’, an approach to investing whereby positive social and/or […]
Executive Summary Access to finance is amongst the main challenges faced by micro, small and medium-sized enterprises (MSMEs) in creating and growing their business in African, Caribbean and Pacific (ACP) countries. Meanwhile, crowdfunding is disrupting the financial services industry by democratising access to capital for individuals and businesses and revolutionising the way they interact with […]
Executive Summary:   Startup Acts are emerging and comprehensive legal instruments aimed at fostering the creation and development of startups, taking into account their particular needs. They are often designed through a participatory process involving the collaboration of different stakeholders in the entrepreneurship ecosystem. Although Startup Acts are still relatively new, if well designed, they […]

Inclusive Strategies: A Path to Sustainable Growth in Nigeria

ICR Story
Small and Medium Enterprises and Start-Ups
Kaduna State is leading the design and implementation of an innovative policy strategy that can contribute to the Nigeria Agenda 2050 objectives of reducing poverty and inequality and enabling a diversified private sector led economy. This policy will enable a conducive business environment to foster the development of Inclusive Business models. Inclusive Businesses (IBs) are […]

Building a better business ecosystem for entrepreneurs in Côte d’Ivoire

ICR Story
Small and Medium Enterprises and Start-Ups
Côte d’Ivoire has been an African success story for much of the last decade. The World Bank estimates that its GDP growth rate was on average 8.2% in the seven years between 2012 and 2019, one of the most dynamic in the world. Much of its growth comes from small and medium-sized enterprises (SMEs), which account for […]
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