An improved investment climate in Africa is a top priority for developing the private sector and attracting substantial foreign and domestic investment to the continent. The Investment Climate Advisory Services team of the World Bank Group offers practical advice to African governments on how to improve their business and investment climates.
Most investment climate programs begin with a request from a high-level government entity for the World Bank Group to conduct a diagnosis and propose solutions.
The emphasis of proposed solutions is placed on leverage points that will result in rapid and effective change, provided the client government has the capacity and willingness to reform. IFC and the World Bank contribute some funding to implement solutions, while the balance is usually funded by governments and donors.
