The International Finance Corporation partnered the Governments of Mozambique and Sierra Leone in facilitating tourism investments along the coastlines of these two developing countries. Following the completion of the programs we were asked to evaluate the outcomes of the programs and suggest improvements for IFC's future tourism investment initiatives
The progames resulted in varying levels of tangible investments, with the global financial crisis having a negative effct on both programs. We evaluated the programs in terms of relevance and rationale, efficiency and accountability, effectiveness and sustainability and results and impacts. Key successes and challenges were identified and five core lessons and eighteen sub-lessons were identifed and formulated for future reference. These included improved risk assessment, obtaining upfront client commitment, improved client and stakeholder communication and others.
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