Public Sector Advisory Operations in Fragile African Markets

July 18, 2021

The report, Public Sector Advisory Operations in Fragile African Markets, presents lessons learned and recommendations for improving project delivery of public sector advisory projects aimed at supporting governments' finance, private sector, and entrepreneurship agenda in fragile and conflict-affected states (FCS) in sub-Saharan Africa. The study analyzed 234 distinct advisory projects that were completed between 2002 and 2020 and delivered through IFC’s Equitable Growth, Finance, and Institutions Practice Group, as well as its predecessors, across FCS in sub-Saharan Africa. These projects represent approximately $324 million in funding that sought to help governments develop a conducive environment for investment, with a focus on financial and private sector development. The project portfolio analysis is complemented by in-depth analysis of the portfolio in four case study countries: Cote d'Ivoire, the Democratic Republic of the Congo (DRC), Mali, and Somalia.