RW-Compet & Enterprise Dev (FY01)

Abstract*

The Competitiveness and Enterprise Development Project aims at establishing a growing private sector development, promoting competitiveness, by streamlining the business environment, reducing costs, while increasing the efficiency of infrastructure utilities, and industries, and, by improving access to financial, and support services to entrepreneurs. The components will: 1) facilitate private businesses entry, by supporting improvements to legal... Show More

Development Objective

The project overall objective is to establish an enabling environment for private sector-led economic growth and poverty reduction in Rwanda. The project will focus on promoting a competitive climate by (i) streamlining the business environment; (ii) reducing the costs and increasing the efficiency of telecommunications, water and electricity utilities, and the tea industry; and (iii) improving access to financial services and provide support services to local entrepreneurs.

Key Details

Project Details

Project ID
P057295
Status
Closed
Team Leader
Lucy M. Fye
Borrower 2
N/A

Country
Rwanda
Disclosure Date
October 18, 2000
Approval Date
(as of board presentation)
April 19, 2001
Effective Date
December 7, 2001

Total Project Cost 1
US$ 41.12 million
Implementing Agency
N/A
Region
Eastern and Southern Africa
Fiscal Year 3
2001

Commitment Amount
US$ 40.80 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
July 31, 2011

Last Stage Reached
BANK APPROVED
Last Update Date
May 10, 2016

Associated Projects
P106978

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Finance

FY17 - Financial Infrastructure and Access36%
- FY17 - Credit Infrastructure28%
- FY17 - MSME Finance7%

FY17 - Private Sector Development

FY17 - Business Enabling Environment28%
- FY17 - Regulation and Competition Policy28%
FY17 - Enterprise Development7%
- FY17 - MSME Development7%
FY17 - Jobs100%
FY17 - Public Private Partnerships10%

FY17 - Public Sector Management

FY17 - Public Administration14%
- FY17 - State-owned Enterprise Reform and Privatization14%
FY17 - Rule of Law14%
- FY17 - Legal Institutions for a Market Economy14%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	40.80
Borrower/Recipient	0.32

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	40.80
IBRD + IDA Commitment	40.80

Lending Instrument
Grant Amount	N/A
Total Project Cost**	41.12

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Apr 15, 2021	IDA-34990	Int Charges	101,355.88
Apr 15, 2021	IDA-34990	Loan Repay	0.01
Apr 15, 2020	IDA-34990	Loan Repay	1,127.38
Apr 17, 2020	IDA-34990	Loan Repay	317,145.06
Apr 17, 2020	IDA-34990	Int Charges	99,061.77
Apr 17, 2020	IDA-34990	Int Charges	99,061.77
Oct 15, 2020	IDA-34990	Loan Repay	328,196.44
Oct 15, 2020	IDA-34990	Int Charges	13.68
Oct 15, 2020	IDA-34990	Int Charges	13.68
Oct 15, 2020	IDA-34990	Int Charges	100,818.49
Oct 15, 2020	IDA-34990	Int Charges	100,818.49
Oct 15, 2020	IDA-34990	Loan Repay	1,494.36
Apr 15, 2019	IDA-34990	Int Charges	4,446.29
Apr 15, 2019	IDA-34990	Int Charges	4,446.29
Apr 15, 2019	IDA-34990	Loan Repay	324,783.44
Apr 15, 2019	IDA-34990	Int Charges	102,298.99
Apr 15, 2019	IDA-34990	Int Charges	102,298.99
Oct 15, 2019	IDA-34990	Int Charges	1,208.76
Oct 15, 2019	IDA-34990	Int Charges	1,208.76
Oct 15, 2019	IDA-34990	Loan Repay	320,163.40
Oct 15, 2019	IDA-34990	Int Charges	100,851.95
Oct 15, 2019	IDA-34990	Int Charges	100,851.95
Oct 15, 2018	IDA-34990	Loan Repay	1,298.62
Oct 15, 2018	IDA-34990	Loan Repay	325,199.25
Oct 15, 2018	IDA-34990	Int Charges	100,826.33
Oct 15, 2018	IDA-34990	Int Charges	100,826.33
Apr 15, 2018	IDA-34990	Int Charges	110,831.23
Apr 15, 2018	IDA-34990	Int Charges	2,392.42
Apr 15, 2018	IDA-34990	Int Charges	2,392.42
Apr 15, 2018	IDA-34990	Loan Repay	339,711.00
Apr 15, 2018	IDA-34990	Int Charges	110,831.23
Apr 19, 2017	IDA-34990	Loan Repay	313,476.66
Apr 19, 2017	IDA-34990	Int Charges	101,766.81
Apr 19, 2017	IDA-34990	Int Charges	101,766.81
Apr 15, 2017	IDA-34990	Loan Repay	5,288.96
Oct 15, 2017	IDA-34990	Loan Repay	330,449.88
Oct 15, 2017	IDA-34990	Int Charges	27.08
Oct 15, 2017	IDA-34990	Int Charges	27.08
Oct 15, 2017	IDA-34990	Int Charges	106,721.77
Oct 15, 2017	IDA-34990	Int Charges	106,721.77
Oct 15, 2017	IDA-34990	Int Charges	4,799.17
Oct 15, 2017	IDA-34990	Int Charges	4,799.17
Oct 15, 2016	IDA-34990	Loan Repay	72.78
Oct 15, 2016	IDA-34990	Loan Repay	321,938.20
Oct 15, 2016	IDA-34990	Int Charges	108,679.18
Oct 15, 2016	IDA-34990	Int Charges	108,679.18
Apr 15, 2016	IDA-34990	Int Charges	4,447.09
Apr 15, 2016	IDA-34990	Int Charges	4,447.09
Apr 15, 2016	IDA-34990	Loan Repay	328,305.72
Apr 15, 2016	IDA-34990	Int Charges	112,034.83
Apr 15, 2016	IDA-34990	Int Charges	112,034.83
Apr 15, 2015	IDA-34990	Loan Repay	308,551.47
Apr 15, 2015	IDA-34990	Int Charges	6.67
Apr 15, 2015	IDA-34990	Int Charges	6.67
Apr 15, 2015	IDA-34990	Int Charges	111,810.61
Apr 15, 2015	IDA-34990	Int Charges	111,810.61
Apr 15, 2015	IDA-34990	Loan Repay	12,051.05
Oct 15, 2015	IDA-34990	Loan Repay	13,511.86
Oct 15, 2015	IDA-34990	Int Charges	109,773.47
Oct 15, 2015	IDA-34990	Int Charges	109,773.47
Oct 15, 2015	IDA-34990	Loan Repay	317,673.78
Apr 15, 2014	IDA-34990	Loan Repay	361,577.97
Apr 15, 2014	IDA-34990	Int Charges	127,558.08
Apr 15, 2014	IDA-34990	Int Charges	127,558.08
Apr 15, 2014	IDA-34990	Int Charges	3,815.02
Apr 15, 2014	IDA-34990	Int Charges	3,815.02
Oct 15, 2013	IDA-34990	Loan Repay	6,260.86
Oct 15, 2013	IDA-34990	Loan Repay	351,108.16
Oct 15, 2013	IDA-34990	Int Charges	124,882.80
Oct 15, 2013	IDA-34990	Int Charges	124,882.80
Oct 16, 2014	IDA-34990	Int Charges	1,208.41
Oct 16, 2014	IDA-34990	Int Charges	1,208.41
Oct 16, 2014	IDA-34990	Loan Repay	348,255.06
Oct 16, 2014	IDA-34990	Int Charges	122,760.41
Oct 16, 2014	IDA-34990	Int Charges	122,760.41
Apr 19, 2001	IDA-34990	Loan Commitment	30,517,644.00
Apr 19, 2001	IDA-3499A	Loan Commitment	10,282,357.00
Apr 24, 2008	IDA-H3630	Loan Commitment	6,000,000.00
Apr 15, 2024	IDA-34990	Int Charges	80,710.41
Apr 15, 2024	IDA-34990	Int Charges	80,710.41
Apr 15, 2024	IDA-34990	Loan Repay	12,044.17
Oct 15, 2023	IDA-34990	Int Charges	8,853.15
Oct 15, 2023	IDA-34990	Int Charges	8,853.15
Oct 15, 2023	IDA-34990	Loan Repay	611,921.10
Oct 15, 2023	IDA-34990	Int Charges	82,609.63
Oct 15, 2023	IDA-34990	Int Charges	82,609.63
Apr 15, 2024	IDA-34990	Loan Repay	602,890.06
Apr 15, 2023	IDA-34990	Loan Repay	609,363.80
Apr 15, 2023	IDA-34990	Int Charges	78,644.65
Apr 15, 2023	IDA-34990	Int Charges	78,644.65
Apr 15, 2023	IDA-34990	Loan Repay	23,424.61
Oct 15, 2022	IDA-34990	Int Charges	84,974.33
Oct 15, 2022	IDA-34990	Int Charges	84,974.33
Oct 15, 2022	IDA-34990	Loan Repay	18,441.37
Oct 15, 2022	IDA-34990	Loan Repay	577,867.80
Apr 15, 2022	IDA-34990	Int Charges	93,352.48
Apr 15, 2022	IDA-34990	Int Charges	93,352.48
Apr 15, 2022	IDA-34990	Loan Repay	4,550.23
Apr 15, 2022	IDA-34990	Loan Repay	633,755.20
Apr 15, 2021	IDA-34990	Int Charges	568.75
Apr 15, 2021	IDA-34990	Int Charges	568.75
Apr 15, 2021	IDA-34990	Loan Repay	333,680.16
Apr 15, 2021	IDA-34990	Int Charges	-0.01
Apr 15, 2021	IDA-34990	Int Charges	-0.01
Apr 15, 2021	IDA-34990	Int Charges	101,355.88
Oct 15, 2021	IDA-34990	Loan Repay	3,704.76
Oct 15, 2021	IDA-34990	Loan Repay	655,846.40
Oct 15, 2021	IDA-34990	Int Charges	98,932.94
Oct 15, 2021	IDA-34990	Int Charges	98,932.94

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2011-04-09
Financial Management	Satisfactory	2011-04-09
Monitoring and Evaluation	Satisfactory	2011-04-09
Procurement	Satisfactory	2011-04-09
Project Management	Satisfactory	2011-04-09
Overall Safeguards Rating	Satisfactory	2011-04-09
Counterpart Funding	Satisfactory	2011-04-09
Overall	Low	2011-04-09
Overall Implementation Progress (IP)	Satisfactory	2011-04-09

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 03-01-2012
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Substantial
Government Performance	Substantial
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 01-14-2013	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Highly Satisfactory	N/a
Implementing Agency	Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Improved perception of investment climate by private investors	Value	Rwanda as a high risk country for investment	FDI Investment increased to $110 million in 2009,	Investment increased from 3.4% to 7% (surpassed)
	Date	June 30, 2000	July 31, 2011	July 31, 2011
	Comment		The drop in FDI in 2010 was due to global economic crisis.

Increased in exports volumes Value 87.30 226.00 170.00
Date June 30, 2000 July 31, 2011 July 31, 2011
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Commercial court established and fully operational Value No commercial courts Commercial courts established and operational. Jud achieved
Date June 30, 2000 July 31, 2011 July 31, 2008
Comment

All necessary adjustments to legal and regulatory framework enacted	Value	Outdated commercial laws		All commercial laws are adopted
	Date	June 30, 2000	June 20, 2009	July 29, 2011
	Comment		The project has supported the creation of a Doing Business Unit staff with three local consultants who are actively coordinatingthe Investment climate/Doing Business reform process. The DB unit has been set up in 2008 and the Government is likely to maintainit after the project closes. CEDP is also supporting a local long term consultant specialized in business law who is based in theMinistry of Justice and is facilitating the legislative process and building capacity.	GoR will continue support of unit after closure of project

Improved financial sector	Value	High level of non performing loans at UBPR. Most o	NPl reduced to 11% average with most banks less th	Banks are privatized. Capital adequacy ratios are
	Date	June 30, 2000	July 31, 2011	July 30, 2010
	Comment		there are now 8 commercial banks in Rwanda and the financial sector is seen by the bankers to be functioning well.

Privatization of Government owned telecom company, RWANDATEL, completed through a competitive and transparent bidding process	Value	The Telecom company, Rwandatel, is publicly owned	Penetration rate increased to 20.3% for telephone	Achieved
	Date	June 30, 2000	July 31, 2011	July 31, 2008
	Comment

Private Sector Federation (PSF) operates efficiently	Value	PSF does not operate efficiently	PSF is recognized as focual point for private sect	PSF is efficient (achieved)
	Date	June 30, 2000	July 31, 2011	July 31, 2009
	Comment

Multi-sector regulatory agency is fully operational	Value	There is no Regulatory agency	RURA is operational and has capacity to provide re	RURA is fully independent and has required capacit
	Date	June 30, 2000	March 8, 2011	March 8, 2011
	Comment

9 tea estates offered for sale by end of 2001	Value	Tea estate are public	9 tea estates privatized, remaining two will be pr	9 tea estates are privatized
	Date	June 30, 2000	December 10, 2009	June 30, 2010
	Comment		CEDP built capacity in Government and now privatization is financed and done by Government officials.

Banque Nationale du Rwanda's Supervisory staff able to undertake on-site and off-site supervision of Non Bank Financial Institutions	Value	0	5	7
	Date	April 30, 2008	July 31, 2011	July 30, 2011
	Comment		Some trained staff were recruited by commercial banks.

Regulated MFIs are supervised regularly by BNR (once a year forlarge MFIs) and BNR is able to maintain reliable indicators Value 0 10
Date April 30, 2008 March 8, 2011 July 30, 2011
Comment
International Financial and Reporting Standards (IFRS) implemented by all financial institutions Value 0 15 15
Date April 30, 2008 July 31, 2011 July 30, 2011
Comment
Automated clearing house (ACH) and Real Time Gross Settlement(RTGS) implemented Value 0 RTGS and ACS completed and operational RTGS and ACS operational
Date April 30, 2008 July 31, 2011 July 30, 2011
Comment
Volume of Bank Support: Institutional Development - Microfinance Value 0.00 175000.00 800000.00
Date January 31, 2005 June 30, 2010 June 30, 2010
Comment Data gathered from retrofit exercise

Increased in exports volumes	Value	87.30	226.00	170.00
	Date	June 30, 2000	July 31, 2011	July 31, 2011
	Comment

Commercial court established and fully operational	Value	No commercial courts	Commercial courts established and operational. Jud	achieved
	Date	June 30, 2000	July 31, 2011	July 31, 2008
	Comment

Automated clearing house (ACH) and Real Time Gross Settlement(RTGS) implemented	Value	0	RTGS and ACS completed and operational	RTGS and ACS operational
	Date	April 30, 2008	July 31, 2011	July 30, 2011
	Comment

Volume of Bank Support: Institutional Development - Microfinance	Value	0.00	175000.00	800000.00
	Date	January 31, 2005	June 30, 2010	June 30, 2010
	Comment		Data gathered from retrofit exercise