IFC S CASA initiative Conflict Affected States in Africa Supporting private sector growth in Africa s fragile and conflict affected situations (FCS) The CASA geographic footprint SIERRA LEONE IFC's Conflict Affected States in Africa Initiative (CASA) is currently active in 13 countries: Burundi, the Central African Republic, Côte d Ivoire, the Democratic Republic of Congo, Guinea, Liberia, Madagascar, Mali, Malawi, Sierra Leone, Somalia, South Sudan, and Zimbabwe AFRICA S FRAGILE STATES A greater focus on investment, trade, and entrepreneurship is helping many African countries build strong, stable economies. Still, in FY16, IFC classified 22 of sub Saharan Africa's 48 countries as 'fragile or conflict affected sitations' (FCS). These FCS suffer from ongoing or the legacy of past violence, and face serious economic challenges, including damaged infrastructure, small private sectors, and weak regulatory environments and institutions. Entrepreneurs in FCS often struggle to access capital and training, while governments in these countries operate with a limited tax base. THE CASA INITIATIVE Recognizing the special challenges fragile countries face, IFC launched the Conflict Affected States in Africa Initiative (CASA) in 2008 to help Africa s FCS rebuild their private sectors, create jobs, and attract investment. Supported by donor partners Ireland, the Netherlands, and Norway (and by Denmark and Sweden in select countries) CASA: funds IFC advisory projects in FCS directly; provides market intelligence and advice; and helps governments strengthen their business environments. A flagship program of IFC FCS Africa Program, CASA positions coordinators in many of the countries where it operates, allowing them to work closely with public and private sector partners.
Achieving RESULTS * 33 Laws, regulations amendments enacted $12,6 million Savings to firms through better business environment 56,500 Deposit accounts opened 1,362 Companies, govt. agencies and other entities advised 1,100 Jobs created 20,000 Loans facilitated *Data as of December 31st 2015 cumulative since 2008. IFC S ADVISORY SERVICES PORTFOLIO IN FCS (FY15) * ALL FCS (GLOBALLY) 111 projects worth $158 million ALL FCS (SUB SAHARAN AFRICA ONLY) 45 projects (40% of global) worth $59 million (37% of global) CASA COUNTRIES ONLY 33 projects (73% of African) worth $41 million (69% of African) * IFC Advisory Services Operations Portal as of 30 June, 2015. Working with IFC's FCS Africa Program IFC's FCS Africa Program partners with governments, development and financial institutions, and other groups and individuals to maximize its impact in Africa. For more information, please contact the following: In Nairobi Jiyeon (Janice) Ryu (jryu@ifc.org) About IFC IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise and influence to create opportunity where it is needed most. In FY15, our long-term investments in developing countries rose to nearly $18 billion, helping the private sector play an essential role in the global effort to end extreme poverty and boost shared prosperity. For more information, visit www. ifc.org and www.ifc.org/africa www.ifc.org
IFC S FCS Africa Program Supporting private sector growth in Africa s FCS (Fragile and conflict affected situations) SIERRA LEONE FCS Supported by IFC s Conflict Affected States in Africa Initiative (CASA): Burundi, CAR, Cote d Ivoire, DRC, Guinea, Liberia, Madagascar, Malawi, Mali, Sierra Leone, Somalia, South Sudan, Zimbabwe Other African FCS on IFC s FY16 list Without developmental support and increased opportunity for their citizens, FCS can remain trapped in cycles of violence. AFRICA S FRAGILE STATES Key business challenges in FCS Sector feasibility under-researched High business development costs Long business development timelines Multiple due diligence issues Complex local stakeholder relationships IFC s FCS Africa Program provides support through a combination of: Funding Market intelligence Business development Coordinators on the ground in many FCS A focus on gender (a gender lens is helping ensure IFC projects support women in business) A focus on conflict issues (a conflict lens is helping ensure IFC projects do no harm in FCS) Knowledge management. A greater focus on investment, trade, and entrepreneurship is helping many African countries build strong, stable economies. Still, in FY16, IFC classified 22 of sub Saharan Africa s 48 countries as fragile or conflict affected situations (FCS). These FCS suffer from ongoing or the legacy of past violence, and face serious economic challenges, including damaged infrastructure, small private sectors, and weak regulatory environments and institutions. Entrepreneurs in FCS often struggle to access capital and training, while governments in these countries operate with a limited tax base. IFC S SUPPORT FOR AFRICA S FCS IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. IFC s FCS Africa Program supports private sector growth in all 22 FCS in sub Saharan Africa. FCS Africa s goal is to help fragile situations attract investment that will support infrastructure, improve services, and create jobs and opportunities.
A flagship program of FCS Africa is the Conflict Affected States in Africa Initiative (CASA). Launched in 2008, CASA is funded by Ireland, the Netherlands and Norway, and is active in 13 FCS in Africa. IFC S NEW COMMITMENTS IN FCS FY15. (FY15) * IFC S ADVISORY SERVICES PORTFOLIO IN FCS (FY15) ** ALL FCS (GLOBALLY) 111 projects worth $158 million ALL FCS (GLOBALLY) $454million ALL FCS (SUB SAHARAN AFRICA ONLY) $237 million (52% of global) ALL FCS (SUB SAHARAN AFRICA ONLY) 45 projects worth $59 million (37% of global) * IFC idesk for the period of 1 July 2014 to 30 June 2015. ** IFC Advisory Services Operations Portal as of 30 June, 2015. PROJECT EXAMPLE To help modernize Côte d Ivoire s Azito power plant, IFC invested $125 million of its own account and arranged a $345-million package funded by other lenders. The largest independent power generator in Sub-Saharan Africa, Azito will produce 50 percent more energy without using additional gas and serve more than 2 million people. Working with IFC's FCS Africa Program IFC's FCS Africa Program partners with governments, development and financial institutions, and other groups and individuals to maximize its impact in Africa. For more information, please contact the following: In Nairobi Jiyeon (Janice) Ryu (jryu@ifc.org) About IFC IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise and influence to create opportunity where it is needed most. In FY15, our long-term investments in developing countries rose to nearly $18 billion, helping the private sector play an essential role in the global effort to end extreme poverty and boost shared prosperity. For more information, visit www. ifc.org and www.ifc.org/africa www.ifc.org
IFC AFRICA S 'fragility lens' Supporting private sector growth in Africa s fragile and conflict affected situations (FCS) IFC, a member of the World Bank Group, is supporting development in all 22 of sub Saharan Africa s fragile and conflict affected situations (FCS), helping them strengthen their private sectors, create jobs, and reach lasting stability. Even the best-designed interventions in these countries can, however, produce unintended consequences. Complex political, economic, and social dynamics, and a climate of mistrust in some FCS means projects might even create more harm than good. For that reason, IFC s FCS Africa Program has developed a conflict-sensitive approach to working in countries recovering from conflict. IFC s fragility lens helps identify and navigate the complex workings of FCS, where risks and dangers are commonplace, but not always obvious. Only by understanding the past and present relationships among various, competing groups can a development organization like IFC effectively support private sector growth in FCS. Thanks to this innovation, IFC's FCS Africa Program and its Conflict Affected States in Africa Initiative (CASA) are fast becoming leaders in developing and promoting this conflict-sensitive approach. Applying the STEP 1 FRAGILITY LENS Collecting and screening existing country conflict analyses 1. A better understanding of the conflict context STEP 2 STEP 32 STEP 4 STEP 5 STEP 6 STEP 7 Identifying the key drivers of conflict Analyzing lessons from previous engagements Discussing the main findings among project manager(s), CASA coordinators, monitoring and evaluation officer and their impact on project components and environment Incorporating mitigation measures into the project design Monitoring the situation on the ground during project s implementation (and if required, adjusting the project) Evaluating the results of the project at its completion 2. An understanding of the twoway interaction between private sector intervention and the conflict 3. Minimizing negative impacts of the interventions on the conflict 4. Maximizing positive impacts of interventions on the conflict....producing 4 MAIN OUTCOMES
Country-level analysis is conducted with the Conflict Research Unit of the Clingendael Institute of the Netherlands. Project level analysis, which complements the work done at the country level, is implemented jointly by CASA experts and operational teams in respective countries. All CASA-funded projects are now required to incorporate the fragility lens. IFC s FCS Africa Program s goal is to help fragile situations attract investment that will support infrastructure, improve services, and create jobs and opportunities. Launched in 2008, The Conflict Affected States in Africa Initiative (CASA) is FCS Africa s Geography of the FRAGILITY LENS In order to show how IFC private sector development projects will help contribute to the reduction of fragility, IFC has applied its fragility lens in the following countries: Burundi Côte d Ivoire DRC Guinea Mali Somalia South Sudan Zimbabwe flagship program. CASA is supported by Ireland, the Netherlands, and Norway. Denmark and Sweden offer support in select countries. Working with IFC's FCS Africa Program IFC's FCS Africa Program partners with governments, development and financial institutions, and other groups and individuals to maximize its impact in Africa. For more information, please contact the following: In Nairobi Jiyeon (Janice) Ryu (jryu@ifc.org) In Johannesburg Luba Shara (lshara@ifc.org) About IFC IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise and influence to create opportunity where it is needed most. In FY15, our long-term investments in developing countries rose to nearly $18 billion, helping the private sector play an essential role in the global effort to end extreme poverty and boost shared prosperity. For more information, visit www. ifc.org and www.ifc.org/africa www.ifc.org