Source:Â Presidential Investors' Advisory Councils in Africa: Impact Assessment Study, WB, 2005
The World Bank and IMF have assisted the African presidents of Ghana, Mali, Senegal, Tanzania, and Uganda in establishing small, high-level Investor Councils to assist in improving the investment climate for business in their countries, with the objective of achieving sustained economic growth and reduction of poverty. The councils are comprised of prominent business leaders and are chaired by each country’s President. They were established in response to requests from government leaders to provide a direct channel of dialogue between investors and political leaders at the highest level, to bring to bear the perspective of international investors together with the knowledge of local business and government leaders.
The councils were structured to prioritize and focus on a limited number of issues, identify investment obstacles, and generate concrete recommendations for action and further analysis, in order to best ensure that tangible policy reforms are enacted to benefit all investors. By virtue of such specific initiatives, it was expected that the councils would also strengthen existing structures and capacities with respect to public-private consultations mechanisms and provide increased international visibility for the country’s progress.
For more information, please refer to the Presidential Investors' Advisory Councils in Africa: Impact Assessment Study (pdf).
Related Links
--Â Tanzania National Business Council
--Â Ghana's Investors Advisory Council
-- Senegal Investor Council
--Â Uganda Investment Authority
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