This capital map report provides an analysis of the investment ecosystem of the Democratic Republic of the Congo (DRC) with a focus on the current and potential investors in the DRC that could be relevant to USAID’s DRC Investment Facilitation Activity (USAID Invest, or the Activity). As USAID Invest seeks to catalyze investment for businesses…
The DCEO activity mitigates instability by promoting inclusive community development, generating employment opportunities, and promoting business entrepreneurship. 1. Please tell us a little bit about the work you do as a grant officer for the Chemonics-implemented DCEO project in Iraq. In my role as a grant officer, I am strongly involved in all phases of…
The goal of this partnership with the Agency for the Development and Modernization of Agriculture, supported by Moldova’s Ministry of Agriculture, was to spur digital transformation, increased energy resilience, and the sustainability of the agricultural sector, as detailed in this success story.
Elizabeth Fustos has extensive expertise in the design and implementation of economic growth programs in Europe and Eurasia, Asia, and Africa, with a particular focus on partnership development with the private and public sectors, donors, academia, and industry organizations. She currently serves as senior advisor for strategy and partnerships for the Europe and Eurasia division,…
Growth prospects for the Philippines’ digital economy are promising; the internet economy grew by 32% from 2015 to 2019 and 93% from 2020 to 2021. However, the Philippines is falling behind regional peers in digital adoption. Longstanding distrust in digital transactions and limited digital infrastructure contributing to unequal access to services delivered via the internet…
Moldova, a landlocked country bordered by Romania and Ukraine, faces a challenging development path. The country needs to sustain macroeconomic stability and revive private sector growth, but the COVID-19 pandemic, an economic recession, and the regional crisis caused by Russia’s invasion of Ukraine have all caused economic uncertainty. Structural factors, like an overall declining population,…
This fact sheet details Chemonics’ work in fostering business enabling environments. Our approach focuses on reducing risk, lowering the costs of doing business, and building pro-investment climates. We help broker partnerships between government counterparts and the private sector to advocate for streamlined business procedures, greater competition, and more efficient tax and customs processes.
Libya’s remote and historically underserved Fezzan region has endured a decade of ethnic conflict. Moreover, the area has also been the hardest hit by a country-wide liquidity crisis. The vacuum created by instability has been filled by the underground economy. Smuggling has become the economic lifeblood of the region as tribes have exploited the country’s…
Climate change is a global crisis that threatens every aspect of economic growth. Since enterprises are drivers of economic growth, applying market-based approaches that use business models and market forces to address development and humanitarian challenges more sustainably and at scale is essential for building climate-resilient and sustainable economies. Market-based approaches will need strong collaboration across technical sectors and market actors,…
Juan Baltasar Mejía Delgado is the deputy chief of party for the Alliance for Root Causes and Opportunities Activity (ARCO). He has 19 years of experience promoting sustainable economic development by applying demand/market-driven solutions in supporting agricultural producers, fishermen, and micro, small, and medium enterprises; working in higher education and workforce development; and consulting in…
There is increasing pressure on International Finance Institutions (IFI) and Development Finance Institutions (DFI) to drive market additionality and creation in lower-income countries and emerging market economies. These institutions regard market creation as key to closing the Sustainable Development Goals (SDGs) financing gap. Market creation requires development finance actors to invest in small- and early-stage…
Over more than the past decade, Jordan has faced several external shocks that affected its economic growth. The global financial crisis in 2009 slowed economic activity, and regional conflicts disrupted trade routes with key partners, including Turkey and the European Union. Additionally, in 2011, Egypt’s natural gas supplies were interrupted and, most recently, the COVID-19…