IFC’s new study ‘Corridors for Shared Prosperity’ contributes to building a shared understanding of successful approaches and challenges in replication. It proposes a framework for systematic replication using examples of 11 Indian inclusive businesses that have been replicated across border. It analyzes the demand for inclusive business models in Africa in three high-impact focus sectors for transfer: agriculture, healthcare and renewable energy, and discusses key drivers of transfer of inclusive models from India to Africa. The study is a foundational effort to encourage systematic transfer of Indian inclusive business models, and to lay down a framework based on empirical evidence to guide such work.
Resources: Additional knowledge resources that use the framework as a foundation to create actionable insights have also been created. These include a deep-dive report, detailed case studies and a downloadable toolkit comprising of a self-diagnostic tool and checklists. The 11 case studies of successful business model transfers can be accessed here. Please find the technical notes here and the toolkit for entrepreneurs evaluating expansion into Africa here.
It is our hope that these resources encourage inclusive businesses, and their funders and supporters to explore the opportunity in cross-border transfer and expansion of successful models.