Private sector development and financial services

The private sector plays a key role in transition countries. © SDC/Suzanne Linder

Unemployment and underemployment are among the most serious development problems facing the SDC's partner countries. People must have access to productive, reasonably paid employment enabling them to earn a living if global poverty is to be reduced in the long term and the UN's Sustainable Development Goals (SDGs) are to be achieved.

Private sector development

As a driving economic force, the private sector is accorded a key role in sustainable development.

Youth employment

Vocational education and training (VET) for young people must be tailored to the job market.

Financial sector development

Providing low-income households, farmers and small and medium-sized enterprises (SMEs) with improved access to financial services can boost their inclusion in economic life and make them less vulnerable to crises.

Current projects

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Programme d’appui à la commercialisation du bétail en Afrique de l’Ouest Phase 2 (PACBAO-2)

01.11.2024 - 31.10.2028

La Suisse poursuit son appui à la Communauté Economique des Etats de l’Afrique de l’Ouest-CEDEAO et aux acteurs privés de la filière bétail-viande entamé en 2018, pour faciliter les échanges commerciaux dans trois corridors reliant pays sahéliens (Mali, Niger, Burkina Faso, Tchad) et pays côtiers (Nigeria, Bénin, Togo, Ghana, Côte d’Ivoire). L’objectif final est une augmentation de la sécurité alimentaire, des emplois et revenus des éleveurs et commerçants, au bénéfice d’un million de personnes.


Water Access Acceleration Fund (W2AF)

01.11.2024 - 31.10.2034

Innovative collaboration with the private sector is needed to achieve SDG 6. The Water Access Acceleration Fund (W2AF) is the first “impact first” private equity fund aiming at enhancing access to safe and affordable drinking water by investing in innovative water companies in developing countries primarily  in Asia and Sub-Saharan Africa. By providing an exchange rate currency risk absorption mechanism, Switzerland supports investments in least developed countries (LDCs) where the investment gap is the biggest and fosters its role as a provider of innovative finance in support of the SDGs. 


Phase 1, ADB Frontier, single phase

01.11.2024 - 31.10.2028

In Cambodia and Laos, young fast-growing SMEs are incremental to transform local economies. However, perceived as risky and operating in small frontier markets, the finance sector doesn’t invest in them the capital to further grow. This contribution aims to close this gap and demonstrate the viability of investments through adapted financial products and technical assistance, while creating employment, developing the market, and driving gender- and climate inclusive growth.


Ukraine, Contribution UNHCR 2024-26

01.10.2024 - 31.12.2026

Humanitarian needs in Ukraine remain high, particularly affecting the internally displaced and vulnerable populations. Switzerland is committed to support UNHCR's humanitarian efforts, which provide life-saving protection and assistance i nfrontline areas for 2.7 million people. Contribution to UNHCR's work in Ukraine is aligned with Switzerland's strategic interest of strengthening the resilience of the Ukrainian people and responding to emergency needs.


Increasing Market Employability (IME)

01.09.2024 - 31.12.2026

North Macedonia’s economy is characterised by persistently slow growth rates as a result of low productivity due to outdated practices and scarce labour force due to high emigration. To address this, Switzerland, through its Increasing Market Employability project, supports small and medium-sized enterprises in sustainable agribusiness and tourism to become more competitive and environmentally sustainable by improving their products and services, while creating decent employment. The duration of the project is extended until 31.12.2026.


Women’s Economic Empowerment in the South Caucasus (WEE)

01.09.2024 - 31.08.2026

Switzerland has been successfully supporting women and their businesses in Georgia, Armenia, and Azerbaijan since 2017. In this final phase of the project, Switzerland aims to institutionalize gender-related policies at national and local levels, build the capacities of the governmental and non-governmental partners to continue promoting women's empowerment and encourage the private sector to support more women in the formal economy.


Tajikistan UNDRR - Strengthening Resilience to Disasters and Climate Change in Tajikistan (SRDCT)

01.09.2024 - 28.02.2026

Tajikistan is highly vulnerable to natural hazards and climate impacts, thus strengthening resilience needed as fundament for sustainable development. The intervention will contribute to (i) sustainable and effective mechanisms and instruments to improve risk governance through the national DRR platform,  (ii) improved risk knowledge through robust loss data collection and recording, and (iii) preparedness measures through support to multi-hazard Early Warning Systems and risk information.   


Socio-Economic Integration of Refugees in Armenia - SEIRA

01.09.2024 - 31.08.2027

Switzerland will continue supporting Armenia in integrating refugees from Nagorno Karabakh into society while improving social cohesion and economic prospects in remote rural areas of the country. By contributing to activities of the UN World Food Programme and of a local NGO, it will support 1’500 refugee- and vulnerable local households towards sustainable development facilitating the transition from humanitarian aid to long-term development.


Partnership Fund for a Resilient Ukraine 2 (PFRU-2)

01.08.2024 - 31.12.2027

The Partnership Fund for a Resilient Ukraine (PFRU) unites eight development partners (UK, US, Canada, Sweden, Switzerland, Finland, Estonia and the Netherlands) and the Government of Ukraine to strengthen communities and government legitimacy through improved services, economic recovery and strengthened civil society. With its contribution, Switzerland can shape the development and deployment of an innovative multi-donor financing instrument in Ukraine to support its resilience and early recovery.


Programme de Protection et Promotion Sociale Réactive aux Chocs (PROMES)

01.08.2024 - 31.07.2027

PROMES vise à renforcer la résilience de la population vulnérable d’Haiti. Une contribution de la Suisse au Programme Alimentaire Mondial permet de déployer un filet de protection sociale déjà testé et développé conjointement avec les autorités locales dans un nouveau département. En appuyant une ONG locale, le programme va consolider les résultats de la phase 1 dans le Sud-Est. Au niveau local dans le Sud, PROMES permettra d’améliorer les capacités de relèvement financier rapide en cas de catastrophes.


Boosting collective action for improved water quality management

01.08.2024 - 31.07.2028

Using a water stewardship approach, the programme aims to improve the quality and management of water as a shared resource, while ensuring sustainable business development in the Greater Mekong Region. In this 2nd phase, Switzerland will continue to support the World Wide Fund for Nature’s engagement with small and medium enterprises as well as other stakeholders, to reduce water pollution and improve water governance at river basin level.


Single-phase project: Enhancing Peace and Economic Prosperity through Women's Leadership and Inclusion (Women for Peace & Prosperity)

01.07.2024 - 30.06.2028

In line with the priorities of the Governments of Moldova and Switzerland, the project aims to socially and economically empower women, including refugee women from Ukraine, increase their participation in decision-making and the workforce, promote their entrepreneurial activities, and finally contribute to a just, equal, inclusive and resilient society and economy in Moldova. The project will promote gender-responsive policies and initiatives to address key barriers to women's socio-economic inclusion.

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