Published by
SHARPE

This Value for Money (VfM) Assessment was conducted during the final months of the Strengthening Host and Refugee Population, Ethiopia (SHARPE) programme and considers whether SHARPE has achieved sustainable and scalable impact for the money spent on implementation.

The report presents both qualitative and quantitative evidence against SHARPE’s agreed VfM indicators.

It's conclusions include:

  • SHARPE delivered strong VfM by aligning investment with high-impact sectors (agri-business, finance, renewable energy).
  • Despite higher costs, supporting refugee businesses proved worthwhile: 85 per cent remained active six months after support ended.
  • Evidence shows refugees are becoming less dependent on aid, validating MSD’s potential in humanitarian settings.
  • Donors are advised to commit to longer-term (5–10 year) MSD programmes, support inclusive sector targeting, fund both micro and larger businesses, and adapt MEL systems to fragile contexts.
  • SHARPE exceeded impact targets, reaching 134,229 individuals, and nearly achieved its £10M income change goal. Its models show sustainability and replication potential.