Regional Trade Facilitation Project II

Abstract*

The development objective of the Adaptable Program Loan for the Second Regional Trade Facilitation Project is to facilitate private and public sector-led trade flows, investment and productive activities through the provision of insurance, coinsurance, reinsurance, financial instruments and related services. The project has only one component: to provide a financial facility that pools the capital contributed by African Member States (AMS) through... Show More

Development Objective

Project Development Objective (PDO) is to facilitate private and public sector-led trade flows, investment and productive activities through the provision of insurance, coinsurance, reinsurance, financial instruments and related services.

Key Details

Project Details

Project ID
P112456
Status
Closed
Team Leader
Arnaud D. Dornel
Borrower 2
N/A

Country
Eastern and Southern Africa
Disclosure Date
February 3, 2009
Approval Date
(as of board presentation)
June 14, 2011
Effective Date
October 8, 2012

Total Project Cost 1
US$ 27.50 million
Implementing Agency
African Trade Insurance Agency
Region
Eastern and Southern Africa
Fiscal Year 3
2011

Commitment Amount
US$ 27.50 million
Environmental Category
F
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2015

Last Stage Reached
BANK APPROVED
Last Update Date
July 15, 2022

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 - Economic Policy

FY17 - Trade62%
- FY17 - Trade Facilitation54%
- FY17 - Trade Logistics4%
- FY17 - Trade Policy4%

FY17 - Private Sector Development

FY17 - Regional Integration37%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	7.50
IDA Credit	20.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	27.50
IBRD + IDA Commitment	27.50

Lending Instrument
Grant Amount	N/A
Total Project Cost**	27.50

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$)
Jun 28, 2013	IDA-50070	Loan Cancel	19,100,292.00
Jun 14, 2011	IDA-50070	Loan Commitment	20,000,000.00
Jun 14, 2011	IDA-H7250	Loan Commitment	7,500,000.00
Jul 10, 2013	IDA-H7250	Loan Disb	1,286,038.10

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Financial Management	Satisfactory	2015-05-07
Procurement	Satisfactory	2015-05-07
Monitoring and Evaluation	Moderately Satisfactory	2015-05-07
Overall Implementation Progress (IP)	Moderately Satisfactory	2015-05-07
Progress towards achievement of PDO	Moderately Unsatisfactory	2015-05-07
Project Management	Moderately Satisfactory	2015-05-07

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-29-2016
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	Substantial
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Unsatisfactory
Government Performance	Moderately Unsatisfactory
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 07-07-2016	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome	Substantial	N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance	Moderately Unsatisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Volume (US$ million) of investment in participating countries insured by ATI policies (disaggregated by domestic, intra-regional, and international).	Value	361.00	2016.00	0.00
	Date	December 31, 2010	December 31, 2014	December 31, 2016
	Comment

Volume (US$ million) of trade in participating countries insured by ATI policies (disaggregated by domestic, intra-regional, and international)	Value	87.00	767.00	800.00
	Date	December 31, 2010	December 31, 2014	December 31, 2016
	Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Volume (US$ million) of policies issued in participating countries by ATI (disaggregated by country) - Net exposure excluding stand-alone PV&TS	Value	153.00	489.00	500.00
	Date	December 31, 2010	December 31, 2014	December 31, 2016
	Comment

Number of insurances policies issued in participating countries by ATI (disaggregated by country). Value 51.00 84.00 120.00
Date December 31, 2010 December 31, 2014 December 31, 2016
Comment

Increased private participation through reinsurance and co-insurance partnerships with private and public insurers, measured by thevolume of reinsurance obtained (leverage ratio) .	Value	2.34	2.87	4.00
	Date	December 31, 2010	December 31, 2014	December 31, 2016
	Comment

Increased number of private and public sector members in ATI. Value 15.00 18.00 17.00
Date December 31, 2010 December 31, 2014 December 31, 2016
Comment
Ratio of income (premium + commission) to cost (operation expenses + net provisions for claims). Value 149.00 87.00 89.00
Date December 31, 2010 December 31, 2014 December 31, 2016
Comment
Field offices opened. Value 3.00 4.00 4.00
Date December 31, 2010 December 31, 2016
Comment

Number of insurances policies issued in participating countries by ATI (disaggregated by country).	Value	51.00	84.00	120.00
	Date	December 31, 2010	December 31, 2014	December 31, 2016
	Comment

Increased number of private and public sector members in ATI.	Value	15.00	18.00	17.00
	Date	December 31, 2010	December 31, 2014	December 31, 2016
	Comment

Ratio of income (premium + commission) to cost (operation expenses + net provisions for claims).	Value	149.00	87.00	89.00
	Date	December 31, 2010	December 31, 2014	December 31, 2016
	Comment

Field offices opened.	Value	3.00	4.00	4.00
	Date	December 31, 2010		December 31, 2016
	Comment