The Investment Climate Facility for Africa is works to improve the investment conditions in Africa. The ICF aims to bring about more business-friendly policies, laws and regulations across Africa, and to strengthen the institutions that administer them. It provides a unique forum for the private sector to work in partnership with governments and donors to improve the investment climate in Africa.
The ICF focuses on areas where practical steps can be taken to remove constraints and problems. It supports government projects such as streamlining business registration and licensing systems, reforming customs administration and taxation, and removing barriers to competition.
Objectives
- Build the environment for investment climate improvement by encouraging, developing and working with coalitions to drive through change, and by supporting dialogue between businesses and governments.
- Get the investment climate right by working in partnership with governments to create a legal, regulatory and administrative environment that enables businesses of all sizes and at all levels to grow, invest and create jobs.
- Encourage business to respond by improving Africa’s image as an investment destination by publicising improvements in the investment climate.
Priorities
- Property rights and contract enforcement
- Business registration and licensing
- Taxation and customs
- Financial Markets
- Infrastructure facilitation
- Labour Markets
- Competition
- Corruption and Crime
Focus Countries: Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Liberia, Malawi, Mozambique, Nigeria, Rwanda, Sierra Leone, Somalia, South Africa, Sudan, South Sudan, Tanzania, Uganda, Zambia, and Zimbabwe
For more information, please visit https://www.gov.uk/international-development-funding/the-investment-climate-facility-for-africa.
