A series of knowledge briefs, highlighting lessons learnt from the DFID-funded Afghanistan Business Innovation Fund (ABIF) project are now available for download.
ABIF, managed by Landell Mills, contributed to poverty reduction in Afghanistan through pro-poor market development, driven by private sector investment. It worked through a competitive grant mechanism, collaborating with entrepreneurs to develop commercially viable investments, and support their implementation.
Throughout the course of the project, grants of £3 million have incentivised private sector investment of £7.6 million and provided direct benefits to 250,000 workers, producers and consumers across Afghanistan. The results speak for themselves, proving that the private sector can drive development in Afghanistan.
We have produced three knowledge briefs on the project to help feed into the design of other private sector development projects in Afghanistan as well as other fragile and conflict affected states. The topics covered are ‘Challenge Funds in Fragile States’, ‘Women’s Economic Empowerment in Afghanistan’ and ‘Overcoming the Access to Finance Paradox in Afghanistan’. These highlight factors that have contributed to the project’s success as well as challenges faced. The reports are also available on the BEAM Exchange.