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First Additional Financing to the Cabo Verde Transport Sector Reform Project

Development Objective

The objective of the project is to support the Recipient's efforts to improve efficiency and management of its national road assetsand lay the groundwork for transport sector State Owned Enterprise reform.

Key Details

Project Details

  • P161248

  • Closed

  • Vincent Vesin , Shruti Vijayakumar

  • N/A

  • Cabo Verde

  • May 7, 2017

  • (as of board presentation)

    June 15, 2017

  • N/A

  • US$ 27.00 million

  • B

  • Not Applicable

  • September 30, 2022

  • Yes

  • BANK APPROVED

  • P126516

  • September 23, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 27.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 27.00
IBRD + IDA Commitment 27.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 27.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Roads in good and fair condition as a share of total classified roadsValue50.0062.0080.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Share of the national road network maintained through performance based contractsValue44.0074.0080.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Direct project beneficiariesValue0.0093803.00120000.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target and target date.
  • Legal framework for ports concession draftedValueNoYesYes
    DateApril 8, 2013August 1, 2016December 31, 2018
    Comment
  • Performance agreements signed between the SOE unit within the Treasury and transport sector SOEs (ENAPOR, ASA, and TACV)Value0.003.003.00
    DateApril 8, 2013August 1, 2016December 31, 2018
    Comment
  • Female beneficiariesValue50.0050.0050.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    Comment
  • Realistic plans or strategies defined, adopted, and implemented to reform the transport sector including SOEsValue0.000.003.00
    DateApril 29, 2017April 29, 2017December 31, 2020
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • IMP : Regulatory Agency model, training and business plan is defined.ValueNoNoYes
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Number of students benefiting from the training equipment to be acquired under the creditValue0.00320.00400.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Roads Rehabilitated and/or Maintained under project financed PBMCsValue0.00474.00524.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date. The change in target reflects PBMCs financed by the Bank and does not included government-financed PBMCs.
  • Annual reports on the condition of the national network and on priorities in terms of rehabilitation and maintenanceValueNoNoYes
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Percentage of national road network where axle load control is enforcedValue0.000.0077.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Annual reports on accidents issued every year from the improved database and monitoring systemValueNoNoYes
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • The highway code is revisedValueNoNoYes
    DateApril 8, 2013August 1, 2016December 20, 2020
    CommentRevised target date.
  • Timely publication of annual Financial Audits (ENAPOR, ASA, TACV)Value2.003.003.00
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Comprehensive Aggregate Annual Fiscal Risk Report on SOEsValueNoNoYes
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • ASA : Airport departure tax per international passenger is adjustedValue17.0018.5025.00
    DateApril 8, 2013August 1, 2016December 31, 2018
    Comment
  • ENAPOR : Port tariffs are adjustedValueNoNoYes
    DateApril 8, 2013August 1, 2016December 31, 2020
    CommentRevised target date.
  • Number of jobs created through the cobblestone road rehabilitation (person-days)Value0.000.0025000.00
    DateApril 1, 2017December 31, 2020
    Comment
  • Amount of labor and material costs paid for the cobblestone road rehabilitationValue0.000.001850000.00
    DateApril 1, 2017December 31, 2020
    CommentThis amount includes the wages paid to the cobblestone road workers and to the cobblestone producers
  • Grievances responded and/or resolved within one month under the performance-based road contractsValue90.000.00100.00
    DateApril 11, 2017December 31, 2020
    Comment
  • A realistic loss reduction strategy has been defined, adopted, and implemented for TACVValueNoNoYes
    DateApril 29, 2017April 29, 2017December 31, 2020
    Comment
  • Number of female jobs created through the cobblestone road rehabilitation (person-days)Value0.000.0010000.00
    DateApril 29, 2017December 31, 2020
    Comment
  • Roads rehablitatedValue0.000.0050.00
    DateMarch 21, 2017May 15, 2017December 31, 2020
    Comment
  • Roads rehabilitated - ruralValue0.000.0050.00
    DateMarch 21, 2017May 15, 2017December 31, 2020
    Comment
  • Roads rehabilitated - non-ruralValue0.000.000.00
    DateMarch 21, 2017May 15, 2017December 31, 2020
    Comment