Client: European Union
Duration: 2023-2026
Region: Sub-Saharan Africa
Country: Lesotho
Solutions: Economic Growth
This European Union project aims to operationalize the Multiannual Indicative Programme (MIP 2021-2027) and Team Europe Initiatives which foster sustainable socioeconomic development and strengthen partnership between Lesotho and the EU.
The project focuses on promoting financial inclusion and implementing high-priority areas of the MIP, including assisting in Lesotho’s transformation into a greener and more resilient economy, and fostering good governance for a peaceful and just society. Additionally, the project will develop water and sanitation sector policies, regulations, and strategies, while monitoring relevant projects and programs at national and transboundary/regional levels.
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Essor acted at meso (business associations) and macro (government) levels to improve the incomes of the poor through the development of micro, small, and medium-sized enterprises (MSMEs), including women- and youth-owned and ones in rural areas, through reforms to the country’s investment climate and policies.
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