CG Rep. Support to Economic Diversification Project

Abstract*

The objective of the Support to Economic Diversification Project is to promote private sector growth and investment in the non-oil sectors in the Republic of Congo. There are four components to the project, the first component being support to public private dialogue and investment climate reforms investments. This component will provide technical assistance to improve public private dialogue, improve the investment climate and strengthen the institutional... Show More

Development Objective

The objective of the project is to promote private investment in select non-oil value chains and to support Small and Medium Enterprises (SME) development.

Key Details

Project Details

Project ID
P118561
Status
Closed
Team Leader
Lorenzo Bertolini
Borrower 2
Ministry of Planning

Country
Congo, Republic of
Disclosure Date
November 18, 2010
Approval Date
(as of board presentation)
December 16, 2010
Effective Date
September 13, 2011

Total Project Cost 1
US$ 20.00 million
Implementing Agency
Ministry of Planning
Region
Western and Central Africa
Fiscal Year 3
2011

Commitment Amount
US$ 10.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2017

Last Stage Reached
BANK APPROVED
Last Update Date
August 4, 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 - Finance

FY17 - Financial Infrastructure and Access21%
- FY17 - MSME Finance21%

FY17 - Private Sector Development

FY17 - Business Enabling Environment40%
- FY17 - Investment and Business Climate32%
- FY17 - Regulation and Competition Policy8%
FY17 - Enterprise Development21%
- FY17 - MSME Development21%
FY17 - Jobs4%
- FY17 - Job Creation4%
FY17 - Public Private Partnerships10%

FY17 - Public Sector Management

FY17 - Public Administration6%
- FY17 - State-owned Enterprise Reform and Privatization6%

FY17 - Urban and Rural Development

FY17 - Rural Development4%
- FY17 - Rural Infrastructure and service delivery4%
FY17 - Urban Development4%
- FY17 - Urban Infrastructure and Service Delivery4%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	10.00
IDA Credit	10.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	10.00
IBRD + IDA Commitment	10.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	20.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Dec 16, 2010	IDA-48460	Loan Commitment	10,000,000.00
Oct 30, 2023	IDA-48460	Int Charges	4,653.65
Oct 30, 2023	IDA-48460	Int Charges	4,653.65
Oct 30, 2023	IDA-48460	Loan Repay	345,552.40
Oct 30, 2023	IDA-48460	Int Charges	19,437.32
Oct 30, 2023	IDA-48460	Int Charges	19,437.32
Oct 15, 2022	IDA-48460	Loan Repay	320,401.16
Oct 15, 2022	IDA-48460	Int Charges	97.65
Oct 15, 2022	IDA-48460	Int Charges	97.65
Oct 15, 2022	IDA-48460	Int Charges	21,437.80
Oct 15, 2022	IDA-48460	Int Charges	21,437.80
Oct 15, 2022	IDA-48460	Loan Repay	15,878.19
Apr 15, 2023	IDA-48460	Loan Repay	12,302.77
Apr 15, 2023	IDA-48460	Loan Repay	344,548.50
Apr 15, 2023	IDA-48460	Int Charges	16,605.30
Apr 15, 2023	IDA-48460	Int Charges	16,605.30
Apr 29, 2022	IDA-48460	Int Charges	23,904.45
Apr 15, 2022	IDA-48460	Loan Repay	1,571.93
Apr 29, 2022	IDA-48460	Loan Repay	352,594.00
Apr 29, 2022	IDA-48460	Int Charges	81.16
Apr 29, 2022	IDA-48460	Int Charges	81.16
Apr 29, 2022	IDA-48460	Int Charges	23,904.45
May 21, 2021	IDA-48460	Int Charges	152.01
May 21, 2021	IDA-48460	Int Charges	152.01
May 21, 2021	IDA-48460	Loan Repay	380,663.50
May 21, 2021	IDA-48460	Int Charges	27,351.41
May 21, 2021	IDA-48460	Int Charges	27,351.41
Oct 26, 2021	IDA-48460	Loan Repay	372,712.90
Oct 26, 2021	IDA-48460	Int Charges	279.54
Oct 26, 2021	IDA-48460	Int Charges	279.54
Oct 26, 2021	IDA-48460	Int Charges	26,555.77
Oct 26, 2021	IDA-48460	Int Charges	26,555.77
Oct 26, 2021	IDA-48460	Int Charges	1,173.34
Oct 26, 2021	IDA-48460	Int Charges	1,173.34
Oct 26, 2020	IDA-48460	Int Charges	27,834.51
Oct 26, 2020	IDA-48460	Int Charges	27,834.51
Oct 15, 2020	IDA-48460	Int Charges	17.81
Oct 15, 2020	IDA-48460	Int Charges	17.81
Apr 15, 2020	IDA-48460	Int Charges	34.85
Apr 15, 2020	IDA-48460	Int Charges	34.85
Apr 15, 2020	IDA-48460	Int Charges	27,001.34
Apr 15, 2020	IDA-48460	Int Charges	27,001.34
Oct 23, 2019	IDA-48460	Int Charges	27,136.26
Oct 23, 2019	IDA-48460	Int Charges	27,136.26
Oct 15, 2019	IDA-48460	Int Charges	18.81
Oct 15, 2019	IDA-48460	Int Charges	18.81
May 16, 2018	IDA-48460	Int Charges	149.41
May 16, 2018	IDA-48460	Int Charges	26,832.53
May 16, 2018	IDA-48460	Int Charges	26,832.53
Dec 5, 2018	IDA-48460	Int Charges	26,686.50
Dec 5, 2018	IDA-48460	Int Charges	26,686.50
Oct 15, 2018	IDA-48460	Int Charges	691.17
Oct 15, 2018	IDA-48460	Int Charges	691.17
May 6, 2019	IDA-48460	Int Charges	27,376.94
May 6, 2019	IDA-48460	Int Charges	27,376.94
May 6, 2019	IDA-48460	Int Charges	40.93
May 6, 2019	IDA-48460	Int Charges	40.93
Jan 3, 2018	IDA-48460	Loan Disb	107,880.37
Oct 5, 2015	IDA-48460	Loan Disb	96,647.36
Dec 3, 2015	IDA-48460	Loan Disb	113,197.13
Sep 17, 2015	IDA-48460	Loan Disb	153,346.66
Jul 30, 2014	IDA-48460	Loan Disb	81,975.76
Apr 15, 2015	IDA-48460	Int Charges	9,559.64
Apr 15, 2015	IDA-48460	Int Charges	9,559.64
May 8, 2015	IDA-48460	Loan Disb	79,401.41
Jun 17, 2015	IDA-48460	Loan Disb	14,953.14
Jun 17, 2015	IDA-48460	Loan Disb	4,238.87
Jun 22, 2015	IDA-48460	Loan Disb	45,013.58
Apr 15, 2015	IDA-48460	Int Charges	109.48
Apr 15, 2015	IDA-48460	Int Charges	109.48
Jun 3, 2015	IDA-48460	Loan Disb	71,520.53
Dec 6, 2013	IDA-48460	Loan Disb	38,401.03
Apr 7, 2014	IDA-48460	Loan Disb	27,770.79
Apr 15, 2014	IDA-48460	Int Charges	228.20
Apr 15, 2014	IDA-48460	Int Charges	228.20
Mar 20, 2014	IDA-48460	Loan Disb	46,143.60
Apr 15, 2014	IDA-48460	Int Charges	7,175.75
Apr 15, 2014	IDA-48460	Int Charges	7,175.75
Mar 20, 2014	IDA-48460	Loan Disb	53,964.63
Mar 20, 2014	IDA-48460	Loan Disb	34,597.85
Jun 18, 2014	IDA-48460	Loan Disb	66,120.14
Jun 18, 2014	IDA-48460	Loan Disb	62,608.94
Feb 23, 2015	IDA-48460	Loan Disb	58,788.17
Dec 18, 2014	IDA-48460	Loan Disb	175,317.98
Jul 9, 2014	IDA-48460	Loan Disb	59,741.35
Jan 27, 2015	IDA-48460	Loan Disb	63,349.41
Sep 22, 2014	IDA-48460	Loan Disb	69,577.05
Sep 3, 2014	IDA-48460	Loan Disb	122,493.17
Nov 17, 2014	IDA-48460	Loan Disb	100,835.82
Oct 15, 2014	IDA-48460	Int Charges	89.97
Oct 15, 2014	IDA-48460	Int Charges	89.97
Oct 15, 2014	IDA-48460	Int Charges	8,270.03
Oct 15, 2014	IDA-48460	Int Charges	8,270.03
Nov 24, 2014	IDA-48460	Loan Disb	84,530.13
Aug 20, 2013	IDA-48460	Loan Disb	3,064.82
Aug 22, 2013	IDA-48460	Loan Disb	106,024.13
Jul 17, 2013	IDA-48460	Loan Disb	36,337.25
Jul 17, 2013	IDA-48460	Loan Disb	56,668.22
Dec 30, 2016	IDA-48460	Loan Disb	40,138.52
Oct 26, 2016	IDA-48460	Loan Disb	130,059.77
Oct 15, 2016	IDA-48460	Int Charges	16,101.11
Jun 15, 2016	IDA-48460	Loan Disb	85,884.39
Oct 15, 2016	IDA-48460	Int Charges	16,101.11
Apr 27, 2015	IDA-48460	Loan Disb	83,118.28
Aug 7, 2015	IDA-48460	Loan Disb	71,235.51
Oct 15, 2015	IDA-48460	Int Charges	238.22
Oct 15, 2015	IDA-48460	Int Charges	238.22
Oct 15, 2015	IDA-48460	Int Charges	11,296.80
Oct 15, 2015	IDA-48460	Int Charges	11,296.80
Jan 5, 2016	IDA-48460	Loan Disb	108,646.41
Nov 16, 2015	IDA-48460	Loan Disb	56,215.78
Jul 17, 2013	IDA-48460	Loan Disb	47,215.41
Jul 19, 2013	IDA-48460	Loan Disb	44,350.31
Sep 6, 2013	IDA-48460	Loan Disb	63,000.22
Sep 6, 2013	IDA-48460	Loan Disb	5,364.67
Oct 7, 2013	IDA-48460	Loan Disb	46,987.45
Oct 15, 2013	IDA-48460	Int Charges	30.23
Oct 15, 2013	IDA-48460	Int Charges	30.23
Oct 15, 2013	IDA-48460	Int Charges	5,077.36
Oct 15, 2013	IDA-48460	Int Charges	5,077.36
Nov 14, 2013	IDA-48460	Loan Disb	113,994.45
Dec 29, 2017	IDA-48460	Loan Disb	84,154.18
Jan 2, 2018	IDA-48460	Loan Disb	108,610.27
Jun 19, 2018	IDA-48460	Loan Disb	-32,900.69
Jun 19, 2018	IDA-48460	Loan Cancel	1,592,317.00
Jun 19, 2018	IDA-48460	Loan Disb	-1,413.03
May 16, 2018	IDA-48460	Int Charges	149.41
Dec 1, 2017	IDA-48460	Loan Disb	199,818.34
Aug 4, 2017	IDA-48460	Loan Disb	53,542.89
Aug 4, 2017	IDA-48460	Loan Disb	46,849.62
Oct 19, 2017	IDA-48460	Loan Disb	28,401.86
Oct 19, 2017	IDA-48460	Loan Disb	158,176.84
Oct 19, 2017	IDA-48460	Loan Disb	30,660.10
Aug 4, 2017	IDA-48460	Loan Disb	87,875.57
Oct 24, 2017	IDA-48460	Loan Disb	88,246.59
Oct 30, 2017	IDA-48460	Loan Disb	29,864.52
Oct 24, 2017	IDA-48460	Loan Disb	75,484.24
Oct 23, 2017	IDA-48460	Loan Disb	101,662.50
Oct 27, 2017	IDA-48460	Loan Disb	77,135.36
Nov 29, 2017	IDA-48460	Loan Disb	42,856.23
Nov 21, 2017	IDA-48460	Loan Disb	32,473.53
Nov 22, 2017	IDA-48460	Loan Disb	102,897.97
Dec 11, 2017	IDA-48460	Loan Disb	97,675.82
Jan 3, 2018	IDA-48460	Loan Disb	179,045.55
Dec 22, 2016	IDA-48460	Loan Disb	31,095.33
May 19, 2017	IDA-48460	Loan Disb	33,991.99
Apr 15, 2017	IDA-48460	Int Charges	89.14
Apr 15, 2017	IDA-48460	Int Charges	89.14
Apr 15, 2017	IDA-48460	Int Charges	18,569.34
Apr 15, 2017	IDA-48460	Int Charges	18,569.34
Feb 24, 2017	IDA-48460	Loan Disb	40,943.54
May 19, 2017	IDA-48460	Loan Disb	30,391.44
May 19, 2017	IDA-48460	Loan Disb	42,713.57
Oct 19, 2017	IDA-48460	Loan Disb	33,363.26
Nov 9, 2017	IDA-48460	Loan Disb	37,332.30
Nov 9, 2017	IDA-48460	Loan Disb	107,793.62
Nov 28, 2017	IDA-48460	Int Charges	170.68
Nov 28, 2017	IDA-48460	Int Charges	170.68
Nov 28, 2017	IDA-48460	Int Charges	20,601.18
Nov 28, 2017	IDA-48460	Int Charges	20,601.18
Oct 19, 2017	IDA-48460	Loan Disb	44,840.01
Oct 19, 2017	IDA-48460	Loan Disb	26,399.40
Aug 4, 2017	IDA-48460	Loan Disb	59,586.89
Oct 26, 2016	IDA-48460	Loan Disb	92,653.13
Oct 15, 2016	IDA-48460	Int Charges	167.45
Oct 15, 2016	IDA-48460	Int Charges	167.45
Jul 19, 2016	IDA-48460	Loan Disb	74,395.51
Oct 13, 2016	IDA-48460	Loan Disb	75,693.06
Oct 13, 2016	IDA-48460	Loan Disb	37,255.28
Oct 13, 2016	IDA-48460	Loan Disb	55,797.16
May 25, 2016	IDA-48460	Loan Disb	107,289.07
Nov 28, 2016	IDA-48460	Loan Disb	35,090.08
Aug 10, 2016	IDA-48460	Loan Disb	44,143.25
Aug 24, 2016	IDA-48460	Loan Disb	62,881.52
Jun 3, 2016	IDA-48460	Loan Disb	180,110.66
Jan 26, 2017	IDA-48460	Loan Disb	44,552.97
Sep 9, 2016	IDA-48460	Loan Disb	49,782.22
Mar 8, 2016	IDA-48460	Loan Disb	148,686.55
Mar 16, 2016	IDA-48460	Loan Disb	93,718.82
Apr 15, 2016	IDA-48460	Int Charges	225.57
Apr 15, 2016	IDA-48460	Int Charges	225.57
Apr 15, 2016	IDA-48460	Int Charges	13,602.34
Apr 15, 2016	IDA-48460	Int Charges	13,602.34
Aug 1, 2016	IDA-48460	Loan Disb	36,706.96
Jul 20, 2016	IDA-48460	Loan Disb	95,738.95
May 23, 2024	IDA-48460	Int Charges	108.98
May 23, 2024	IDA-48460	Int Charges	108.98
May 23, 2024	IDA-48460	Int Charges	18,059.53
May 23, 2024	IDA-48460	Int Charges	18,059.53
Apr 15, 2024	IDA-48460	Loan Repay	5,819.26
May 23, 2024	IDA-48460	Loan Repay	342,898.25

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Satisfactory	2017-09-28
Monitoring and Evaluation	Moderately Satisfactory	2017-09-28
Progress towards achievement of PDO	Moderately Satisfactory	2017-09-28
Procurement	Moderately Satisfactory	2017-09-28
Financial Management	Moderately Satisfactory	2017-09-28
Counterpart Funding	Satisfactory	2017-09-28
Project Management	Satisfactory	2017-09-28

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 08-30-2018
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 01-23-2019	PROJECT PERFORMANCE ASSESSMENT REPORT: 01-19-2022
Outcome Rating	Moderately Satisfactory	Moderately Unsatisfactory
Risk To Development Outcome		High
Bank Performance	Moderately Satisfactory	Moderately Unsatisfactory
Borrower Performance		Not Rated
Government Performance	Not Rated	Not Rated
Implementing Agency		Not Rated
Icr Quality	Substantial	Not Rated
M&e Quality	Modest	Modest

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Aggregate private investment amount supported by project activities in select non-oil value chain. Value 0.00 50000000.00 143249409.00
Date October 11, 2013 December 31, 2017 October 31, 2017
Comment
Percentage of SMEs, out of all SMEs supported by the project, that achieved agreed upon target performance indicators Value 0.00 75.00 85.65
Date October 11, 2013 December 31, 2017 October 31, 2017
Comment
Number of Doing Business reforms adopted and implemented (Number, Custom) Value 0.00 10.00 14.00
Date July 13, 2016 December 31, 2017 October 31, 2017
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of Doing Business indicators that have been reformed to improve the country?s business environment Value 0.00 7.00 8.00
Date May 30, 2013 December 31, 2017 October 31, 2017
Comment

Number of overall procedures that have been reduced in the five Doing Business indicators where the country is ranked least.	Value	0.00	80.00	81.00
	Date	January 1, 2013	December 31, 2017	October 31, 2017
	Comment

Aggregate incremental sales for SMEs supported by the project Value 0.00 50000000.00 17205050.00
Date January 1, 2013 December 31, 2017 September 25, 2017
Comment
Number of SMEs benefiting from non financial services Value 0.00 300.00 481.00
Date December 4, 2013 December 31, 2017 October 31, 2017
Comment