Investment Climate and Business Environment Research Fund

The United Nations Commission on the Private Sector and Development, the New Partnership for Africa's Development (NEPAD) and the G8 Commission for Africa have all recognized the need for sustainable private sector development in Africa. The Investment Climate and Business Environment Research Fund (ICBERF) came out of the "Unleashing Entrepreneurship" conference hosted by IDRC in April 2005 and attended by private sector development experts from 28 countries.

The Fund will use a competitive grants mechanism, training workshops and partnerships between business schools to build the capacity of the African private sector development research community to contribute to a business-enabling environment for sustainable enterprise in Africa. There will be an emphasis on research that directly involves the private sector, research on practical issues and research that takes the perspective of private enterprise. Especially welcome will be research on private sector development that is both sustainable and local, i.e. contributes to long-term livelihood creation without eroding social, human or ecological capital.

It is expected that proposals will come from African universities, business schools, professors, graduate students, investment agencies, small and medium enterprise (SME) promotion agencies, policy think tanks and private sector entities. The Fund will operate in English and French, and cover all regions of the African continent.

Project ID


Project status


Start Date

Wednesday, March 8, 2006

End Date

Monday, September 7, 2009


36 months

IDRC Officer

Schwartz, David

Total funding

CA$ 1,687,300


North of Sahara, South of Sahara


Foundations for Innovation

Project Leader

Kevin McKague

Project Leader

David Wheeler


Foundation for Sustainable Enterprise and Development

Institution Country


Institution Website

Project Leader

Akwasi Aidoo



Institution Country


Institution Website