Support to Job Creation and the Investment Climate -Regional Technical Assistance Facility, Africa

The Project at A Glance

At the 5th African Union –European Union Summit in 2017, a political declaration on the Africa-Europe Alliance for Sustainable Investment and Jobs was agreed. The declaration puts emphasis on the need to create inclusive and decent jobs and investment as core objectives of the EU’s economic partnership with African states.
The action ‘Support to Job Creation and the Investment Climate in the Eastern Africa, Southern Africa and Indian Ocean region’ (Africa RISE facility) contributes to that declarations, it puts an emphasis on engaging more closely with key institutions and the private sector in improving the business environment and investment climate.

What We Found

The objective of the Africa RISE (Reform for Investment and Sustainable Economies) facility is to deliver high-level technical assistance to strengthen access to finance, strengthen the implementation of dedicated financial instruments and improve the investment climate for inclusive and sustainable growth, job creation and decent work across Africa.
We work with technical experts, practitioners and business managers from Europe and Africa to provide research, advisory services, trainings, long-term technical assistance, short-term consultancies and expert missions which are mobilised at short notice. The aim is to support interventions falling into three different categories: the macro-level which aims at creating a fertile environment for the private sector to grow, the mid-level which targets interventions at market level, in order to address market failures, enhancing value chains and competitiveness, and the micro-level which works directly with businesses and individuals.

More details about the programme can be found here.

Our Strategy and Impact

Africa RISE can support organisations to initiate, strengthen or expand initiatives with the following goals:

Improving the Investment climate to be conducive to inclusive and green growth;
Strengthening access to finance and the use of dedicated financial instruments tailored to MSMEs’ green and inclusive growth;
Upgrading value chains of MSMEs with potential for green and inclusive growth.
Strengthening Public-private dialogue and policy dialogue mechanisms and capacities
Building public sector regulatory, administrative and institutional reform design & implementation capacity
Analysis and planning to respond to the Covid-19 pandemic

Our Team is actively involved in the implementation of some of the interventions, including development of the scoping study for the establishment of a single regional digital market in the EAC, Assessment of Namibia’s e-commerce readiness or Contributing to the development of a Strategy for Pharmaceutical and Biotechnology sectors in Mauritius.

Our Core Solutions

As businesses seek to expand operations into new markets, the need to explore global supply chains and understand the international regulatory framework becomes crucial. At International Economics Consulting, we build tailor-made strategies for both import and export-oriented business solutions.