Aid on Spreadsheets

Liberia Investing in Business Expansion (IBEX)

The Liberia Investing in Business Expansion (IBEX) Project is a three-year $1.6 million agreement through May 16, 2015 intended to improve DCA utilization rates. IBEX services are intended to cover the financial services provided by bank and non-bank financial intermediaries and the investee/borrower companies within the agricultural and renewable energy sectors or their related support industries. The IB EX activity offers particular emphasis to build capacity and provide deal support to Ecobank and IB Bank, the two partners in the DCA loan portfolio agreement.

Create and sustain career-enhancing education and training programs that are responsive to the current and future labor needs of local, regional, and international employers, both formal and nonformal, including through financial sustainability. Generally, these programs certify competence of male and female learners in accordance with industry standards and provide labor market and social support services. In contexts where the private sector is weak, technical/vocational training may be oriented towards self-employment. Improve policies, laws, regulations, and administrative practices affecting the private sector. Includes reducing barriers to competition and unwarranted distortions to market prices; reducing policy and regulatory barriers to establishing, operating, and closing businesses, including micro, small and medium enterprises (MSMEs); strengthening the legal framework surrounding property rights that is fair to men and women, the poor, and other disadvantaged groups so that they can protect and accumulate assets; contract enforcement and dispute resolution, along with the administration of those laws; reducing incentives for corruption and promoting transparent business practices; strengthening the legal framework surrounding intellectual property rights; and improving laws and regulations affecting the creation, dissemination, and use of technology. It also includes improving policies and regulations affecting technology choices and production behaviors with environmental impacts; and improving policies, laws, and regulations affecting hiring and firing of workers, wages, working conditions, and labor-management relations. Includes support for specific improvements and for related data collection and studies as well as efforts to strengthen the institutions that contribute to designing and implementing further improvements. Activities the primary focus of which is combating corruption should be recorded under DR.2.4 AntiCorruption Reforms.

Project ID

US-GOV-1-LR-AID-669-LA-12-00001

Activity status

3 - Completion

Aid type

C01 - Project-type interventions

% to Liberia

100.00

Organisations

Accountable

U.S. Agency for International Development

Extending

U.S. Agency for International Development

Funding

U.S. Agency for International Development

Implementing

Volunteers for Economic Growth Alliance

CRS code	%
Unknown (0)	44.76
Small and medium-sized enterprises (SME) development (32130)	55.24