Commitment to Action

ReGrow West Africa: Post-Ebola Private Sector Recovery

Commitment by

Resolve

In 2015, RESOLVE and its partners in ReGrow West Africa committed to support post-crisis, sustainable economic development in the Ebola affected countries of West Africa. Through this commitment, ReGrow will launch the ReGrow Marketplace to profile investment projects and small and medium-sized enterprises (SME) and help engage them with international investors, donors, and other partners. In addition, ReGrow will capitalize the Resilience trust with a further $3.5 million, building on a $1 million funding commitment from Chevron, to provide direct investment in SMEs and certain high impact greenfield investment projects. ReGrow West Africa is a public-private partnership that that was launched in January and is a legacy initiative of the Ebola Private Sector Mobilization Group (EPSMG). By October 2017, ReGrow aims to support 90 SMEs with direct cash investment from ReGrow Trust and provide them with technical training and support under Cordaid’s Resilient Business Development Services model. In addition, ReGrow will help revive at least 15 investment projects of existing large scale enterprises that are now stalled and help execute at least 12 greenfield ventures.

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Overview
Summary

Commitment

ReGrow West Africa: Post-Ebola Private Sector Recovery

Launched

2015

Est. Duration

2 years

Estimated Total Value

$8,500,000

Region

Africa

Countries

GUINEA, LIBERIA, SIERRA LEONE

Commitment by

Resolve

Partner(s) of the Commitment Maker(s)

GIZ, Deutsche Gesellschaft für Internationale Zusammenarbeit, Dalan Consultants, Taia Peace Foundation, Chevron Corporation, Sierra Leone Investment and Export Promotion Agency, Cordaid, Ebola Private Sector Mobilization Group, Mano River Marketing Company