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BF-Competitiveness & Enterprise Development Project

Abstract*

The Competitiveness and Enterprise Development Project for Burkina Faso will assist Burkina Faso to improve the competitiveness of its economy through privatization and utility reform, investment climate improvement and private sector institutional development, and mitigation of constrains to small and medium enterprise development. To achieve these objectives, the project will provide support to: a) rollback government involvement in the market's...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To contribute to private sector development in Burkina Faso by creating conditions for improved competitiveness, enterprise development, and investment promotion.

Key Details

Project Details

  • P071443

  • Closed

  • Adja Dahourou Simpore

  • N/A

  • Burkina Faso

  • February 5, 2001

  • (as of board presentation)

    March 4, 2003

  • December 8, 2003

  • US$ 30.70 million

  • B

  • Not Applicable

  • December 31, 2013

  • BANK APPROVED

  • April 25, 2016

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 3.60
IDA GRANT FOR DEBT VULNERABLE 5.50
IDA Credit 25.20

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 30.70
IBRD + IDA Commitment 30.70
Lending Instrument
Grant Amount N/A
Total Project Cost** 34.30

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$)
Nov 28, 2014 IDA-37330 Int Charges 88,291.67
Nov 28, 2014 IDA-37330 Int Charges 88,291.67
Jan 10, 2014 IDA-37330 Loan Disb 854,854.94
Jan 10, 2014 IDA-37330 Loan Disb 97,682.23
Jan 27, 2014 IDA-H6370 Loan Disb 1,469,010.20
Feb 18, 2014 IDA-H6370 Loan Disb 340,470.56
Nov 15, 2013 IDA-37330 Int Charges 1,861.83
Nov 15, 2013 IDA-37330 Int Charges 1,861.83
Nov 15, 2013 IDA-37330 Loan Repay 196,346.62
Nov 15, 2013 IDA-37330 Loan Repay 89,366.94
Nov 25, 2013 IDA-37330 Loan Disb 92,069.24
Nov 15, 2013 IDA-37330 Int Charges 89,677.80
Nov 15, 2013 IDA-37330 Int Charges 89,677.80
Nov 25, 2013 IDA-37330 Loan Disb 64,884.53
Sep 27, 2013 IDA-37330 Loan Disb 10,803.91
Sep 27, 2013 IDA-37330 Loan Disb 3,088.02
Sep 27, 2013 IDA-37330 Loan Disb 8,846.78
Oct 3, 2013 IDA-H6370 Loan Disb 1,373,534.90
Jan 30, 2014 IDA-H6370 Loan Disb 701,710.60
Oct 3, 2013 IDA-H6370 Loan Disb 73,235.24
Jan 9, 2014 IDA-H0220 Loan Cancel 1,523.42
Jun 5, 2014 IDA-H6370 Loan Disb -5,355.80
Jun 23, 2014 IDA-37330 Loan Disb -1,303.16
Jun 20, 2014 IDA-37330 Loan Disb -91,724.76
May 22, 2014 IDA-H6370 Loan Disb 230,647.23
May 14, 2014 IDA-H6370 Loan Disb 304,102.22
Apr 11, 2014 IDA-H6370 Loan Disb 312,710.56
Apr 24, 2014 IDA-H6370 Loan Disb 388,861.10
Dec 19, 2013 IDA-37330 Loan Cancel 1,566,384.50
May 15, 2014 IDA-37330 Loan Repay 1,993.84
May 15, 2014 IDA-37330 Loan Repay 176,081.52
May 15, 2014 IDA-37330 Loan Repay 110,344.10
May 15, 2014 IDA-37330 Int Charges 91,452.16
May 15, 2014 IDA-37330 Int Charges 91,452.16
Mar 18, 2014 IDA-H6370 Loan Disb 1,105,921.20
May 16, 2014 IDA-H6370 Loan Disb 89,607.37
Apr 16, 2014 IDA-37330 Loan Disb 430,267.94
May 16, 2014 IDA-H6370 Loan Disb 28,181.05
May 16, 2014 IDA-H6370 Loan Disb 14,743.07
May 16, 2014 IDA-H6370 Loan Disb 27,597.38
May 16, 2014 IDA-H6370 Loan Disb 16,722.20
May 16, 2014 IDA-H6370 Loan Disb 81,057.30
May 16, 2014 IDA-H6370 Loan Disb 183,681.94
May 16, 2014 IDA-H6370 Loan Disb 18,453.36
Mar 11, 2014 IDA-H6370 Loan Disb 582,735.60
May 15, 2015 IDA-37330 Int Charges 67.67
May 15, 2015 IDA-37330 Int Charges 67.67
May 15, 2015 IDA-37330 Int Charges 88,250.36
May 15, 2015 IDA-37330 Int Charges 88,250.36
May 15, 2015 IDA-37330 Int Charges 3,868.13
May 15, 2015 IDA-37330 Int Charges 3,868.13
Sep 8, 2014 IDA-37330 Loan Cancel 485,720.28
Jul 1, 2014 IDA-H6370 Loan Cancel 6,712.21
Nov 15, 2015 IDA-37330 Loan Repay 12,577.77
Nov 15, 2015 IDA-37330 Loan Repay 227,039.34
Nov 15, 2015 IDA-37330 Int Charges 76,479.18
Nov 15, 2015 IDA-37330 Int Charges 76,479.18
May 15, 2015 IDA-37330 Loan Repay 245,139.77
Nov 15, 2016 IDA-37330 Loan Repay 232,519.39
Nov 15, 2016 IDA-37330 Int Charges 77,135.01
Nov 15, 2016 IDA-37330 Int Charges 77,135.01
Nov 15, 2016 IDA-37330 Loan Repay 3,543.50
May 15, 2016 IDA-37330 Int Charges 9,057.00
May 15, 2016 IDA-37330 Int Charges 9,057.00
May 15, 2016 IDA-37330 Loan Repay 244,272.42
May 15, 2016 IDA-37330 Int Charges 86,106.02
May 15, 2016 IDA-37330 Int Charges 86,106.02
May 23, 2017 IDA-37330 Int Charges 5,267.52
May 23, 2017 IDA-37330 Int Charges 5,267.52
May 23, 2017 IDA-37330 Loan Repay 239,499.40
May 23, 2017 IDA-37330 Int Charges 82,627.33
May 23, 2017 IDA-37330 Int Charges 82,627.33
Nov 15, 2017 IDA-37330 Int Charges 40.76
Nov 15, 2017 IDA-37330 Int Charges 40.76
Nov 15, 2017 IDA-37330 Int Charges 10,768.88
Nov 15, 2017 IDA-37330 Int Charges 10,768.88
Nov 15, 2017 IDA-37330 Loan Repay 233,540.62
Nov 15, 2017 IDA-37330 Int Charges 72,352.38
Nov 15, 2017 IDA-37330 Int Charges 72,352.38
Nov 15, 2017 IDA-37330 Loan Repay 11,072.84
May 15, 2018 IDA-37330 Int Charges 356.88
May 15, 2018 IDA-37330 Int Charges 356.88
May 15, 2018 IDA-37330 Loan Repay 2,268.66
May 15, 2018 IDA-37330 Loan Repay 244,990.16
May 15, 2018 IDA-37330 Int Charges 77,148.56
May 15, 2018 IDA-37330 Int Charges 77,148.56
May 15, 2019 IDA-37330 Int Charges 77,763.03
May 15, 2019 IDA-37330 Loan Repay 239,314.16
May 15, 2019 IDA-37330 Int Charges 39.88
May 15, 2019 IDA-37330 Int Charges 39.88
May 15, 2019 IDA-37330 Int Charges 5,931.33
May 15, 2019 IDA-37330 Int Charges 5,931.33
May 15, 2019 IDA-37330 Int Charges 77,763.03
Nov 23, 2018 IDA-37330 Loan Repay 239,878.55
Nov 23, 2018 IDA-37330 Int Charges 74,114.13
Nov 23, 2018 IDA-37330 Int Charges 74,114.13
Nov 23, 2018 IDA-37330 Int Charges 6,113.20
Nov 23, 2018 IDA-37330 Int Charges 6,113.20
Nov 15, 2019 IDA-37330 Int Charges 75,642.17
Nov 15, 2019 IDA-37330 Int Charges 75,642.17
Nov 15, 2019 IDA-37330 Int Charges 1,203.82
Nov 15, 2019 IDA-37330 Int Charges 1,203.82
Nov 15, 2019 IDA-37330 Loan Repay 237,960.33
May 15, 2020 IDA-37330 Int Charges 1,970.46
May 15, 2020 IDA-37330 Int Charges 1,970.46
May 15, 2020 IDA-37330 Loan Repay 74,440.37
May 15, 2020 IDA-37330 Loan Repay 160,902.31
May 15, 2020 IDA-37330 Int Charges 70,277.49
May 15, 2020 IDA-37330 Int Charges 70,277.49
Jun 10, 2021 IDA-37330 Loan Repay 89,763.99
Jun 10, 2021 IDA-37330 Loan Repay 159,920.27
Jun 10, 2021 IDA-37330 Int Charges 78,650.57
Jun 10, 2021 IDA-37330 Int Charges 78,650.57
Jun 10, 2021 IDA-37330 Int Charges 3,041.72
Nov 15, 2020 IDA-37330 Loan Repay 8,100.67
Nov 15, 2020 IDA-37330 Int Charges 75,355.75
Nov 15, 2020 IDA-37330 Int Charges 75,355.75
Nov 15, 2020 IDA-37330 Int Charges 5,870.37
Nov 15, 2020 IDA-37330 Int Charges 5,870.37
Nov 15, 2020 IDA-37330 Loan Repay 237,703.89
May 18, 2022 IDA-37330 Int Charges 5,263.50
May 18, 2022 IDA-37330 Int Charges 5,263.50
May 18, 2022 IDA-37330 Loan Repay 2,285.55
May 20, 2022 IDA-37330 Loan Repay 230,457.48
May 20, 2022 IDA-37330 Int Charges 67,804.40
May 20, 2022 IDA-37330 Int Charges 67,804.40
Nov 15, 2021 IDA-37330 Int Charges 70,180.54
Nov 15, 2021 IDA-37330 Int Charges 70,180.54
Nov 15, 2021 IDA-37330 Int Charges 126.68
Nov 15, 2021 IDA-37330 Int Charges 126.68
Nov 15, 2021 IDA-37330 Loan Repay 3,201.29
Nov 15, 2021 IDA-37330 Loan Repay 240,025.45
Jun 10, 2021 IDA-37330 Int Charges 3,041.72
Nov 15, 2022 IDA-37330 Int Charges 69,202.05
Nov 15, 2022 IDA-37330 Int Charges 69,202.05
Nov 15, 2022 IDA-37330 Int Charges 3,687.31
Nov 15, 2022 IDA-37330 Int Charges 3,687.31
Nov 15, 2022 IDA-37330 Loan Repay 227,825.66
Nov 15, 2022 IDA-37330 Int Charges 23.63
Nov 15, 2022 IDA-37330 Int Charges 23.63
Jun 1, 2023 IDA-37330 Int Charges 69,075.33
Jun 1, 2023 IDA-37330 Int Charges 69,075.33
Jun 5, 2023 IDA-37330 Loan Repay 24,488.42
Jun 6, 2023 IDA-37330 Loan Repay 354,468.53
Jun 1, 2023 IDA-37330 Loan Repay -379,228.06
Jun 1, 2023 IDA-37330 Int Charges -69,075.33
Jun 1, 2023 IDA-37330 Int Charges -69,075.33
Jun 6, 2023 IDA-37330 Int Charges 69,029.11
Jun 6, 2023 IDA-37330 Int Charges 69,029.11
May 15, 2023 IDA-37330 Loan Repay 8,355.84
Jun 1, 2023 IDA-37330 Loan Repay 379,228.06
May 22, 2023 IDA-37330 Loan Repay 73,377.64
Nov 17, 2023 IDA-37330 Int Charges 60,336.72
Nov 17, 2023 IDA-37330 Int Charges 60,336.72
Nov 21, 2023 IDA-37330 Loan Repay 456,677.72
Nov 21, 2023 IDA-37330 Int Charges 176.48
Nov 21, 2023 IDA-37330 Int Charges 176.48
Nov 21, 2023 IDA-37330 Int Charges 6,891.48
Nov 21, 2023 IDA-37330 Int Charges 6,891.48
Nov 15, 2023 IDA-37330 Loan Repay 4,972.00
Mar 4, 2003 IDA-H0220 Loan Commitment 5,500,000.00
Dec 20, 2010 IDA-H6370 Loan Commitment 20,000,000.00
Mar 4, 2003 IDA-37330 Loan Commitment 25,200,000.00
May 17, 2024 IDA-37330 Loan Repay 65,441.53
May 20, 2024 IDA-37330 Int Charges 56.74
May 20, 2024 IDA-37330 Int Charges 56.74
May 20, 2024 IDA-37330 Int Charges 65,395.61
May 20, 2024 IDA-37330 Int Charges 65,395.61
May 15, 2024 IDA-37330 Loan Repay 7,905.59
May 20, 2024 IDA-37330 Loan Repay 385,476.80
Jan 7, 2014 IDA-H6370 Loan Disb 464,886.60
Dec 9, 2013 IDA-H6370 Loan Disb 1,278,004.60
Dec 9, 2013 IDA-H6370 Loan Disb 528,850.60
Nov 27, 2013 IDA-37330 Loan Disb 100,727.89
Oct 3, 2013 IDA-H6370 Loan Disb 163,850.20
Oct 3, 2013 IDA-H6370 Loan Disb 107,206.84
Oct 18, 2013 IDA-37330 Loan Disb 652,728.06
Jul 11, 2013 IDA-H6370 Loan Disb 358,640.03
Aug 28, 2013 IDA-37330 Loan Disb 191,509.73
Jul 11, 2013 IDA-H6370 Loan Disb 468,600.38
Jul 26, 2013 IDA-H6370 Loan Disb 1,388,285.00
Aug 28, 2013 IDA-37330 Loan Disb 116,920.52
Jul 25, 2013 IDA-37330 Loan Disb 97,739.29
Nov 28, 2014 IDA-37330 Int Charges 4,387.74
Nov 28, 2014 IDA-37330 Int Charges 4,387.74
Nov 28, 2014 IDA-37330 Loan Repay 174,933.50
Nov 28, 2014 IDA-37330 Loan Repay 83,495.12

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2013-12-26
Overall Low 2013-12-26
Overall Implementation Progress (IP) Moderately Satisfactory 2013-12-26
Progress towards achievement of PDO Moderately Satisfactory 2013-12-26
Financial Management Moderately Satisfactory 2013-12-26
Monitoring and Evaluation Moderately Satisfactory 2013-12-26
Counterpart Funding Satisfactory 2013-12-26
Procurement Moderately Satisfactory 2013-12-26

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 10-17-2014
OutcomesModerately Satisfactory
Risk to Development OutcomeModest
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 05-04-2015PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyModerately SatisfactoryN/a
Icr QualityUnsatisfactoryN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of jobs created by enterprises supported by the project per year.Value2292.0014994.0015792.00
    DateDecember 5, 2013December 31, 2013
    Commentjune 2010value for each period registerednumber increased from 14994 to 16438target reached
  • Number of enterprises created with assistance from the projectValue15000.0028516.0027000.00
    DateSeptember 30, 2013December 31, 2013
    Commentjune 2010target reachedtarget reached
  • Number of international firms attracted by the CPI and APIValue0.000.000.00
    DateDecember 31, 2013
    Commentjune 2010API Created ,functional and operational.Director recruited and receiving support from project.For CPI,four annual sessions wereorganized with project support (CPI members include 10 local investors, 10 international resident investors and 10 foreign nonresident investors). Last session held in November 7-8,2013. Investment law drafted by CPI with support from the project andapproved in May 2013. An Investments tracking system was created by CPI with the statistic institute and support from the project.

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increase in the number of clients and loan portfolio outstanding by registered microfinance institions not more than 15% of non-performing loans.ValueDROPPED
    DateDecember 31, 2010
    CommentINDICATOR DROPPED FROM THE Additional financing and the restructuringEnd of project target met and exceeded
  • Percentage of MEBF operating cost covered by its fee activities and member contributionValue70.0085.000.00
    DateSeptember 30, 2013
    CommentJUNE 2010end of year percentage will be know in early 2014 and will feed ICR.
  • Number of additional enterprises receiving support from MEBFValue569.001383.000.00
    DateSeptember 30, 2013
    CommentADDITIONAL NUMBER FROM YEAR TO YEARadditional number for 2012=1294, number for Q1-Q3 2013=89. Target reached, matching grants fully committed.
  • Increase in the number of enterprises that are computerized in the RCCMValue0.0083.000.00
    DateSeptember 30, 2013
    Commentno RCCM centralized system- RCCM transfer decree to MEBF signed by Ministry of Justice- Office space allocated and personel seconded56 582 RCCM data collected in 22 jurisdictions - computerization in the national RCCM started and reached 83% of data collected.
  • Improvement in SONABEL management ratiosValue91.1698.750.00
    DateSeptember 30, 2013
    Commenttarget reached
  • Investment promotion agency annual business plans implementedValueFeasibility study and business plan completedbusiness plan started to be implemented,
    DateSeptember 30, 2013
    CommentJUNE 2010API Created , creation act adopted , Director on board and receiving support from project (capacity building and equipment)
  • Number of mobile banking accounts openedValue0.0051200.000.00
    DateSeptember 30, 2013
    CommentJUNE 2010data from telecoms operators in burkina.
  • Decrease in MFI non performing loan rate.Value4.605.220.00
    DateSeptember 30, 2013
    CommentJUNE 2010slight increase in MFIs non performing loans from 4.09% in 2012 to 5.22%.