| Financier | Commitments |
|---|---|
| IDA Grant | 100.00 |
Burundi Jobs and Economic Transformation Project
Abstract*
To change its development trajectory, Burundi needs a new private sector-driven growth model based on diversification, technology adoption and adaptation, creation and growth of formal firms and exit of underperforming businesses, access to longer term financing, and resilience to climate change. The project will support MSME recovery from the pandemic impact, increase their resilience, while also promoting climate sustainability and inclusion for... Show More
Development Objective
The project development objective (PDO) is to improve MSMEs’ access to finance and access to markets, especially for MSMEs owned by women and refugees, and increase job creation by MSMEs.
Key Details
Project Details
P177688
Active
Lorenzo Bertolini , Anzhela Prygozhyna, Nadia Nintunze
Republic of Burundi
January 5, 2022
(as of board presentation)
December 1, 2023
March 26, 2024
US$ 100.00 million
L'Agence de Développement du Burundi (ADB)
2024
US$ 100.00 million
N/A
July 17, 2023
December 29, 2028
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 100.00 |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 100.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 26, 2024 | IDA-E2650 | Loan Disb | 1,380,103.80 |
| Aug 29, 2024 | IDA-E2650 | Loan Disb | 153,835.00 |
| Dec 1, 2023 | IDA-E2650 | Loan Commitment | 100,000,000.00 |
| Aug 8, 2024 | IDA-E2650 | Loan Disb | 3,000,000.00 |
| Aug 23, 2024 | IDA-E2650 | Loan Disb | 184,748.60 |
| Aug 28, 2024 | IDA-E2650 | Loan Disb | 240,855.73 |
| Aug 27, 2024 | IDA-E2650 | Loan Disb | 58,825.39 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-09-21 |
| Project Management | Satisfactory | 2024-09-21 |
| Monitoring and Evaluation | Satisfactory | 2024-09-21 |
| Financial Management | Moderately Satisfactory | 2024-09-21 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-09-21 |
| Procurement | Moderately Unsatisfactory | 2024-09-21 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.