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Increased responsible private sector participation in sustainable infrastructure in poorer developing countries through increased flows of private capital & expertise.This will benefit an additional 105.1 million people by the end of 2015.
To improve the performance and inclusiveness of key market systems that are important for poor people
To support access to finance for small and medium sized businesses, especially those owned and run by women, and to support productivity and growth in the horticulture, leather and textiles sectors in order to raise incomes and create jobs.
To increase trade, growth and poverty reduction through greater regional integration and trade competitiveness.
BICF 2 aims to reduce poverty in Bangladesh through sustained pro-poor economic growth. Towards this broader goal, the impact of this programme will be to contribute to the creation of 50,000 additional formal jobs for the poor, at least 40% of which will be for women. The programme will provide technical assistance to develop new policies, improve regulations, strengthen institutions and simplify processes of relevant bodies within the government of Bangladesh that work with businesses. In so doing, it will make Bangladesh an easier place to do business, facilitating growth and job creation. BICF 2 will have a specific mandate to support special economic zones and the agribusiness sector. Two other sectors with high job creation potential will be identified and supported.
The Skills and Employment Programme – Bangladesh (Sudokkho) aims to enhance the provision of private sector skills training in the Ready-made Garments and Construction sectors in Bangladesh, in particular training that effectively supports the poor, women and disadvantaged populations into decent employment. It seeks to do this by applying market development principles to stimulate private sector investments in training for poor and disadvantaged people that can achieve scale and sustainability.
“Msingi” the Swahili word for “Foundation” will contribute to poverty alleviation through the creation of additional jobs and incomes in East Africa by identifying and driving the growth of high potential industries. Its purpose is to develop competitive industries in East Africa to attract investment and drive job creation.. Through identification and demonstration of potential sectors it is expected to crowd in investors into sector that will become more competitive.
To work with global and British business to provide 300,000 women with improved access to better jobs in supply chains where they work in agriculture, manufacturing or other global sectors. The programme will work with business and their suppliers to address barriers to women such as discrimination, violence in the workplace and unpaid care, to help women move into higher paying roles in farms, factories and distribution networks. The programme will also demonstrate the UK's response to the UN High Level Panel (HLP) recommendations by improving results for women through our economic development programmes and participating in new partnerships with HLP members to implement the report.
The Invest Africa initiative will help drive the economic transformation needed to create jobs for the future and set countries on a trajectory out of poverty. Depending on the success of Invest Africa this will result in between £400 million to £1bn of new Foreign Direct Investment (FDI) in manufacturing (including agro-processing and high value services) sectors in Africa. It will do this by working with African Governments and international companies to build up a significant pipeline of investments to ‘kick-start’ manufacturing and create jobs in Africa whilst systemically addressing country specific barriers and capacity constraints around FDI which will open the door to increased longer term investment.
The UK will provide up to £16m from November 2012 to October 2017 to help build capacity to support key public sector institutions that shape the regulatory environment for business, help the oil seed sector reach its full potential through the establishment of sustainable market structures supported by government, and provide financial and technical support to business adopting pro-poor business models.