Tag Archives: Africa

From ‘Aid to Trade’ agenda in Kenya: an embassy perspective (in Dutch)

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This blog was published on the Ministry of Foreign Affairs website for entrepreneurs in developing countries (www.ondernemeninontwikkelingslanden.nl) on July 28, 2015 and written by First Secretary Robert van der Hum of the Netherlands embassy in Nairobi, Kenya.

Almost summer vacation, almost a year that I have lived – with family – and worked in Kenya. A beautiful country to live in, also exciting and adventurous. And certainly very dynamic to work in Kenya: the developments occur rapidly and there is so much to do! A good moment to look back on a first year of working on the ‘Aid to Trade’ agenda, at the economic department of the embassy in Nairobi. -Remainder of article in Dutch-

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World Bank Approves Largest Ever Guarantees for Ghana’s Energy Transformation

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Article originally posted on the World Bank website on July 30, 2015. The project website for the Ghana Sankofa Gas Project can be found here, which also features the detailed Project Appraisal Document.

The World Bank’s Board of Directors today approved a record investment of $700 million in guarantees for Ghana’s Sankofa Gas Project – a transformational project that will help address the country’s serious energy shortages by developing new sources of clean and affordable natural gas for domestic power generation.

The Board approved a unique combination of two guarantees for the Project – an IDA Payment guarantee of $500 million that supports timely payments for gas purchases by Ghana National Petroleum Corporation and an IBRD Enclave Loan guarantee of $200 million that enables the project to secure financing from its private sponsors. Together, the guarantees are expected to mobilize $7.9 billion in new private investment for offshore natural gas, representing the biggest foreign direct investment in Ghana’s history.

The exploration and commercialization of the gas will be carried out by two private investors, Eni of Italy and Vitol Group of the Netherlands

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Kenya and the World Bank Group: Taking stock 2015

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From the Kenya – World Bank Group Taking stock 2015 report.

In fiscal year 2015 alone, some $1.3 billion of Kenya - investmentsnew IDA resources – the Bank’s finance at concessional rates – were committed: the largest in Kenya’s history. The value of the overall portfolio of 27 projects of about $4.3 billion as of June 2015 is almost double what it was just five years ago. Investments are spread across many key sectors, ranging from hard infrastructure (roads and energy) to human development (health and community development) to managing climate risk (agriculture and coastal management) to strengthening institutions delivering public services (judicial reform). Continue reading →

DR Congo – Quality and Relevance of Secondary and Tertiary Education Project

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The World Bank Board of Directors has recently approved the Quality and Relevance of Secondary and Tertiary Education Project in the Democratic Republic of the Congo. The project, worth a total of $200 million, is partly financed by an IDA grant ($70m) and partly by an IDA loan ($130m).

The focus is on Secondary education (40%), Tertiary education (25%) and Vocational training (35%).

The project’s objectives are to: (i) improve the teaching and learning of mathematics
and science in general secondary education, and (ii) enhance the relevance of TVET in priority sectors at secondary and tertiary education levels.

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Senegal – Stormwater Management and Climate Change Adaptation Project (AF)

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The World Bank Board of Directors has approved additional financing for the Senegal Stormwater Management and Climate Change Adaptation Project. The additional financing amounts to a total of $38 million, of which $35 million is provided by the World Bank.

The proposed project will improve stormwater drainage and flood prevention in peri-urban Dakar for the benefit of local residents. The specific goal of the additional financing is to improve flood prevention management in peri-urban areas of Dakar and to promote city sustainability management practices, including climate resilience, in two selected urban areas.
This is to be achieved through the following components:

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Tunisia Road Transport Corridors – Update

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On June 29 we reported about the Tunisia Road Transport Corridors. This project, worth a total of $231 million, has now been approved by the World Bank Board of Directors.

The Project Development Objectives are (i) to reduce transportation cost and time and improve road safety on select road corridors between lagging regions in Tunisia and more developed areas and (ii) strengthen the Ministry of Equipment’s capacity in road asset management.
This is to be achieved through the following two components: Continue reading →

World Bank to spend up to $2.1 billion to rebuild Nigeria’s northeast

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Article published by Reuters on July 21, 2015.

(Updates with World Bank comment)

By Julia Payne

ABUJA, July 21 (Reuters) – Nigeria’s presidency said on Tuesday the World Bank had pledged to spend up to $2.1 billion to rebuild the northeast of the country that has been devastated by Boko Haram militants.

President Muhammadu Buhari met with representatives of the World Bank, the Bill and Melinda Gates Foundation, and the World Health Organization during a trip to Washington.

A World Bank spokeswoman said that during the meeting, the bank said the sum of $2.1 billion could be lent to Nigeria from its development agency and that support could also come from the International Bank for Reconstruction and Development. Continue reading →

eConsultant2: Market research on Solar Home Systems in Ethiopia

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The study should provide both qualitative and quantitative analysis of the market for solar home systems (SHS) of up to 100Wp in Ethiopia. This is expected to include detailed assessment of:

  • Market segmentation (e.g. by income level, size of home, region, domestic /commercial/institutional use) and size.
  • Consumer preferences including consideration of system size, features, product range, design, functionality, retail channels etc.
  • Consumer willingness to pay including consideration of both upfront and consumer finance / microfinance based approaches.

The intention is that this study will be used to inform the business activities of Lighting Africas private sector partners in the SHS space in Ethiopia. Continue reading →

eConsultant2: Nigeria – Monitoring and Learning, Programmatic Approach to Support Nigeria Pilot Projects

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The selected firm will provide World Bank task teams with a combination expertise and experience in beneficiary feedback collection and analysis, organizational performance management survey design and analysis and in coordinating new knowledge to inform learning internally and externally.

There are two interdependent objectives and tasks that will be fulfilled via the solicitation of the international firm(s). Continue reading →

East Africa Public Health Laboratory Networking Project – Additional financing

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The development objective of the East Africa Public Health Laboratory Networking Project for Africa is to establish a network of efficient, high quality, accessible public health laboratories for the diagnosis and surveillance of tuberculosis and other communicable diseases.

Laboratory

Picture courtesy of Business Daily Africa

The $50 million additional financing (AF) for Burundi, Kenya, Tanzania, and Uganda will assist to: (a) scale up successful activities to additional facilities in cross border areas, further expanding geographic coverage; and (b) broaden and deepen the range of interventions to be funded Continue reading →