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Designed as a flexible and adaptive programme it will provide an immediate response to Covid19. It now has a stronger focus on remittances, supporting UK political leadership in this area, and, accelerated support to key Micro, Small and Medium Sized Enterprise (MSME) sectors including domestic food production and marketing. SIGS will deliver activities to 1.\tDevelop and diversify businesses in approx. 4 high-value sectors. 2.\tStimulate investment through developing the financial sector and related policy and or regulatory capacity. 3.\tDevelop the evidence base on inclusive, sustainable, economic development in Somalia. SIGS will provide an essential policy and influencing resource for UK leadership on HIPC debt relief and or the associated reforms, including on the financial sector and counter terrorist financing.\n \n ID: GB-GOV-1-300370-101\nTitle: Private Sector Development Programme \nDescription: The Supporting Inclusive Growth in Somalia (SIGS) programme (£38m, 2020-2027) is a flexible and adaptive programme. It aims to address the key constraints to inclusive, climate-resilient growth, trade and investment in Somalia. SIGS is set for an early closure due to His Majesty’s Government (HMG) reprioritisation of overseas development assistance (ODA) and the closure of USAID which has impacted on programme funding.\n \n ID: GB-GOV-1-300370-102\nTitle: Support to Somalia Growth, Enterprise, Employment & Livelihoods (GEEL/USAID) Project \nDescription: GEEL closed in 2021. USAID partnership with FCDO was continued in IRiS. However, USAID aid pause meant the closure of the partnership which necessitates an early closure.\n \n ID: GB-GOV-1-300370-103\nTitle: Inclusive Resilience in Somalia\nDescription: FCDO is partnering with USAID to support the Inclusive Resilience in Somalia (IRiS) programme. The UK is supporting MSMEs and internally displaced people (IDP) to increase production, facilitate links to market and value-add in high-productivity sectors, including fisheries, livestock and agriculture. This component is delivered by DT Global.\n \n ID: GB-GOV-1-300370-104\nTitle: Catalysing private sector investment Through Gargaara -WB\nDescription: Gargaara aims to support progress toward increased access to financial services for MSMEs. Gargaara is set up to leverage private capital to encourage entrepreneurship and support generation of jobs through high-growth MSMEs and improved access to finance.\n \n ID: GB-GOV-1-300370-105\nTitle: Financial Sector Development - Policy Regulatory Support -WB/IFC\nDescription: To nurture a conducive environment that stimulates international investment in Somalia e.g. Development Finance Institutions, FDI and Somali diaspora investment.\n \n ID: GB-GOV-1-300370-107\nTitle: Monitory and Evaluation Consultancy\nDescription: This component has closed early due to a reduction in UK ODA and therefore has had limited time to deliver planned results. It also reflects the progress and achievements of the programme that have been possible at the point of closure. Where objectives have not been completed this does not necessarily reflect on the quality of programme design or delivery.\n", "id":"d4337525-23d3-491c-8358-78cbb91cdb17", "_version_":1861588582713524224 }] } }