The World Association of Investment Promotion Agencies (WAIPA), Enhanced Integrated Framework (EIF), and Islamic Development Bank (IsDB) – (WAIPA – EIF – IsDB) joined efforts to create and launch the first program to enhance investment promotion capacities and capabilities of francophone least developed countries (LDCs), which started its operations with a kick-off meeting virtually on 1 June, 2022. This new program, being offered first time in French, follows the success of a similar training program by EIF and WAIPA on capacity building for EIF Countries on investment promotion.
The program will focus on what IPAs can improve to attract and facilitate sustainable investments as well as improve the business climate and leverage additional resource to meet the sustainable development goals (SDGs) targets. It will also encourage and facilitate dialogue and cooperation with the relevant ministries and other local stakeholders as well as with relevant international organizations for investment promotion in the francophone countries and regions.
The training will cover the entire cycle of investment with 4 key priorities:
Organization & Governance
Business Intelligence & Research
Marketing & Communication
Monitoring of the FDI performance
The program will involve training workshops and roundtable discussions, case studies and also testimonials from foreign investors and how they see the role of IPAs to better address their needs. Focus on sustainability and digitalization will be addressed in each module and investor views brought into content.