ICF

The Investment Climate Facility for Africa - Making Africa an even better place to do business

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Our Objectives

ICF aims to work with receptive African governments to make the continent an even better place to do business, systematically focusing on areas where practical steps can be taken to remove identified constraints and problems.

We have three primary objectives, namely to:

1 Build the environment for investment climate improvement by encouraging, developing and working with coalitions to drive through change, and by supporting dialogue between businesses and governments 2 Get the investment climate right by working in partnership with governments to create a legal, regulatory and administrative environment that enables businesses of all sizes and at all levels to grow, invest and create jobs 3 Encourage business to respond by improving Africa's image as an investment destination by publicising improvements in the investment climate

We recognise that improving Africa's investment climate is a huge undertaking and are concentrating our efforts on eight priority areas that we believe will have the maximum impact and are central to creating a healthy business environment, namely:

1. Property rights and contract enforcement

2. Business registration and licensing

3. Taxation and customs

4. Financial Markets

5. Infrastructure facilitation

6. Labour markets

7. Competition

8. Corruption & Crime