Date of effectiveness: 10.2005
The Fund for African Private Sector Assistance (FAPA) is a multi-donor thematic trust fund that provides grant funding for technical assistance and capacity building to support implementation of the Bank’s Private Sector Development Strategy. The Government of Japan, African Development Bank, the Austrian Development Bank and the Government of Austria are the contributors to the fund.
The FAPA portfolio includes regional and national projects in sectors such as Business Enabling Environment, Financial Institutions Support, Infrastructure, Trade and Micro-, Small- and Medium- Enterprises. FAPA provides untied grants for technical assistance and capacity building to African governments, regional economic communities and similar intergovernmental organizations, to non-governmental organizations such as business associations, market regulatory institutions, business development services providers, business training and research institutions, and to public and private enterprises.
Grants under FAPA enhance the Bank’s ability to be more active in the upstream phases of the project preparation cycle in order to reinforce the quality of its pipeline of bankable private sector transactions. The resources may also be used to promote innovative programs that specifically support small- and medium-sized enterprises.