Private sector development

Private sector development - Inclusive Economic Growth and Trade

In recent years, donors have encouraged the implementation of private sector development (PSD) initiative to support economic growth especially among the developing countries. Private Sector Development (PSD) covers a range of strategies aiming to establish markets that function vibrantly and fairly, providing economic opportunities of quality to poor people at scale. In line with OCED’s approaches for PSD, Filatec expertise help implement inclusive economic models that will create jobs, fuel income growth, and improve the quality of life.

Market systems development (MSD)
This approach aims for large-scale, sustainable impact by understanding how poor people interact with market systems, and how these systems can be changed to improve their lives. Depending on the market failures identified, MSD may tackle these by using various PSD tools, e.g. linking value chain actors, BDS or regulatory reform..
Private sector engagement (PSE)
We help in implementing PSE by engaging domestic or international private sector as partners in achieving development objectives – based on the basic principles of shared costs, risks and benefits. These may include engaging the financial sector to leverage private finance for development; and engaging with companies around their core business activities.
Green Growth
Greater environmental sustainability requires new products, new markets and new production methods. We support our client in investement in greening economies which has been seen to be a business opportunity, including in the developing world.
Industrial Policy
Industrial policy is broadly defined as government intervention to promote productivity- based growth through support to  high-potential economic sectors including manufacturing, agricultural or services sectors. For example the adoption of the African union’s industrialization policies will enable member countries foster their productive sectors an area Filatec has supported in recent years.
Inclusive Business (IB)
Inclusive Business models integrate the poor, either as consumers or on the supply side as distributors, suppliers or employees. Various PSD approaches can be used to promote Inclusive Business models, e.g. IB-oriented business environment reform, value chain development, or partnerships to share the costs of risky investments.
Business Environment Reform (BER)
Inappropriate or excessive regulation and taxation, a lack of fair competition, and a lack of voice for the private sector can stifle business growth and increase poverty. Based on BE analyses to identify key constraints, we can partner with governments to design and implement reforms, or support the private sector in advocacy through Public-Private Dialogue.
Women’s Economic Empowerment
We support women economic empowerment initiatives across Africa the world through Gender-sensitive and WEE-focused PSD interventions which seeks to provide men and women with equal opportunities to contribute to, and benefit from growth.
Local Economic Development (LED) and Clusters
LED focuses on enhancing the economic prospects of a particular region or municipality. We support implementation of LED that combines business environment reform, value chain development, infrastructure development, innovation policy, planning and/or skills development. Additionally, our expertise assist in implementation of Cluster development which focuses on geographic agglomerations of inter- connected companies, services and institutions.
Green Growth
Climate change is real. We believe that the private sector is central to mitigating and adapting to climate change, reducing pollutants, and reversing the loss of biodiversity loss and water scarcity. Greater environmental sustainability requires new products, new markets and new production methods. We support our client in investement in greening economies which has been seen to be a business opportunity, including in the developing world..
Small Enterprise Development
Across Africa, MSEs and SMEs play acritical role in creating employment nd support economic growth. We support implementation of SME development.
Employment Creation
While employment creation in developing countries is high on the agenda of most donor agencies, there are different views on how to best to achieve it – ranging from strategies to support small business, large business, or high-growth enterprises; stimulating economic sectors that with great employment potential for the poor (e.g. agriculture, light manufacturing) or creating  an enabling business environment.
Promoting Access to Finance
Access to finance is vitally important to private enterprises in the developing world. We support implementation of several initiative to accelerate access to finance among individuals, nosiness and communities Increasing opportunities for refugees 25 million people are currently asylum-seekers or refugees. Fostering their self-reliance and harnessing refugees’ economic contributions are now widely seen as a more sustainable and desirable solution  than humanitarian assistance. Donors and host governments can facilitate this through a variety of PSD strategies.

Landmark Plaza, Upperhill, Nairobi, Kenya

+254 202033395/ +254 0735697259

info@filatec.co.ke

About Us Career
© Filatec, All Right Reserved.