1、CAPACITY BUILDING FOR FRANCOPHONE LDCsON INVESTMENT PROMOTIONIMPACT REPORTPREFACEIn 2022/2023,a successful collaboration between the World Association of Investment Promotion Agencies(WAIPA),the Enhanced Integrated Framework(EIF),and the Islamic Development Bank(IsDB)resulted in the“Capacity Buildin

2、g For Francophone LDCs on investment Promotion”project.This initiative has extended its impact to 17 Least Developed Countries(LDCs).This report provides an overview of the projects outcomes and gives selected case studies of the impact it had on organizations.Promoting investment and FDI has always

3、 been an important pillar for economic development.The promotion of investment goes hand in hand with fostering economic growth,creating employment opportunities,transferring knowledge,and advancing technological capabilities,among other benefits.For LDCs,unlocking investment opportunities and attra

4、cting investments remains unevenly open compared to the rest of the word,and requires more than raw potential and resources.For these nations,efective investment promotion can prove particularly crucial,given their unique challenges and potential for economic transformation.LDCs have vast lands,natu

5、ral resources,and especially human capital eager to help grow the economy.These nations have Investment Promotion Agencies or departments stafed with individuals who are already working on investment opportunities.Yet,there is potential for more efcient and streamlined initiatives and eforts.What is

6、 needed is proper direction,orientation,and training to ensure that these people are working in the most efcient and efective way possible.Considering the importance of these initiatives,the World Association of Investment Promotion Agencies(WAIPA)embarked on a project aiming at enhancing the capaci