MCC Compact 2: The compact aims to facilitate equitably and sustain economic growth in partnership with the private sector by loosening key constraints to economic growth by reducing barriers to investment.
The compact was meant to focus on four key areas; Agriculture, Manufacturing, Tourism and creativity and Technology and innovation; however, prioritisation of the last two sectors has been subsequently put aside.
Thus far, the MCC compact has been responsible for improved processes which parties must follow when setting up businesses thus modifying the business environment in Lesotho. CCIs have indirectly benefited from this initiative hence the rise in registered businesses/traders that operate within the CCI sphere.
Communication consultations with various interest groups on CCIs.
Sectorial consultations with various interest groups on economic growth.
Currently conducting feasibility studies on economic growth through CCIs.
CIEP facilitated market access for visual artists and crafters.
|Name of partner||Type of entity|
LCN (Lesotho Council of NGOs)
Civil Society Organization (CSO)
Ministry of Small Business, Cooperatives and Marketing