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Driven by the realization that the private sector is better placed to lead economic growth, developing countries are committed to private sector development through promoting supportive regulatory frameworks, policies, infrastructure and institutions to attract private investments.
These measures are also supported by development partners through budgetary and technical assistance support.
ALMACO works with developing countries to promote private sector growth by providing technical assistance in the following areas:
Botswana strategy Project
Development of the Botswana private sector strategy: This was a short term assignment to provide technical assistance to the Government of Botswana and the Botswana Confederation of Commerce, Industry and Manpower (BOCCIM) to develop a Private Sector Development Strategy (PSDS). The assignment brought together all public and private sector organisations and other stakeholders involved in private sector development. One of our consultants was involved in the development of private sector development strategy in Zanzibar and Tonga
Reviewing the Kenya Diagnostic Trade Integration Study (DTIS): The assignment involved
a) Assessment of past performance, identification and analysis of key constraints to greater integration of Kenya into the world trading system, specifying opportunities for improving trade performance, and a proposal for policy reforms including priority public investment needs to deepen integration and
b) Support the implementation of Kenya's trade and export development strategy by helping the government to coordinate, harmonize and increase the efficiency of donors' technical assistance and project support in the area of trade.
Management of Challenge fund
One of our Team leaders was a consultant for the US$26million Trade Mark East Africa Challenge Fund for 3 years (2012-2015) where he was responsible for the award of grants on innovative trade projects covering all the East African countries of Burundi, Kenya, Rwanda, Tanzania, and Uganda
Private sector development projects
During the last 10 years,we have worked with Governments and Private sector organisations in formulating private sector strategies that are underpinned by knowledge, assumptions, beliefs and hunches about how and why particular actions trigger particular changes.We have supported these organisations in enhancing their focus,providing a framework for the stakeholders to participate in the Strategy and planning process as well as enhancing their understanding of complex development processes.Our consultants have worked on the following projects:
• Private sector development strategy for Botswana which was adjudged by the EU as one of the best elaborated Strategy in the region
• Improving Trade flows from East African countries project covering Kenya,Uganda,Tanzania,Rwanda and Burundi
• Private sector development strategy for Kenya
• Private sector development strategy for Tonga
Private Sector Development (PSD) is a term in the international development industry to refer to a range of strategies for promoting economic growth and reducing poverty in developing countries by building private enterprises.