Senegal Tourism and Enterprise Development Project

Abstract*

The development objective of the Tourism and Enterprise Development Project for Senegal is to create conditions necessary to increase private investment in tourism in the ‘Saly’ area, and strengthen enterprise development in Senegal. The project is aligned with the Government of Senegal(GoS)’ goal of ‘making the country an emerging economy by 2035’ as expressed in the first pillar of the country’s strategic plan (PSE):‘Accelerating inclusive growth... Show More

Development Objective

The Project Development Objective (PDO) is to create conditions necessary to increase private investment in tourism in the â??Salyâ?? area, and strengthen enterprise development in Senegal.

Key Details

Project Details

Project ID
P146469
Status
Closed
Team Leader
Farah Dib , Isabelle Kane
Borrower 2
Ministere des Finances et du Budget

Country
Senegal
Disclosure Date
November 10, 2014
Approval Date
(as of board presentation)
April 26, 2017
Effective Date
August 31, 2017

Total Project Cost 1
US$ 74.00 million
Implementing Agency
Agence de Developpement et d'Encadrement des Petites et Moyennes Entreprises,Minsitere du Tourisme et des Transports Aeriens,Agence pour la Promotion des Investissements et des Grands Travaux (APIX)
Region
Western and Central Africa
Fiscal Year 3
2017

Commitment Amount
US$ 74.00 million
Environmental Category
A
Last Update Date
July 13, 2023
Closing Date
June 30, 2022

Consultant Services required
TBD
Last Stage Reached
BANK APPROVED

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 - Trade14%
- FY17 - Trade Facilitation14%

FY17 - Environment and Natural Resource Management

FY17 - Climate change62%
- FY17 - Adaptation62%
FY17 - Renewable Natural Resources Asset Management64%
- FY17 - Coastal Zone Management64%

FY17 - Human Development and Gender

FY17 - Gender20%

FY17 - Private Sector Development

FY17 - Business Enabling Environment92%
- FY17 - Investment and Business Climate24%
- FY17 - Regulation and Competition Policy74%
FY17 - Enterprise Development20%
- FY17 - Entrepreneurship20%
- FY17 - MSME Development14%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management62%
- FY17 - Disaster Risk Reduction62%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	74.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	74.00
IBRD + IDA Commitment	74.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	74.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Apr 15, 2018	IDA-60190	Int Charges	16,804.81
Apr 15, 2018	IDA-60190	Int Charges	16,804.81
Apr 15, 2018	IDA-60190	Int Charges	1,964.46
Apr 15, 2018	IDA-60190	Int Charges	1,964.46
Jun 29, 2018	IDA-60190	Loan Disb	54,299.95
Apr 15, 2021	IDA-60190	Int Charges	182,164.31
Apr 7, 2021	IDA-60190	Loan Disb	871,702.70
Jun 1, 2021	IDA-60190	Loan Disb	1,260,077.50
Sep 21, 2021	IDA-60190	Loan Disb	1,746,470.40
Oct 15, 2021	IDA-60190	Int Charges	4,927.15
Oct 15, 2021	IDA-60190	Int Charges	4,927.15
Oct 15, 2021	IDA-60190	Int Charges	214,590.81
Apr 16, 2020	IDA-60190	Loan Disb	2,244,444.00
Apr 15, 2020	IDA-60190	Int Charges	3,603.27
Apr 15, 2020	IDA-60190	Int Charges	3,603.27
Apr 15, 2020	IDA-60190	Int Charges	92,409.78
Apr 15, 2020	IDA-60190	Int Charges	92,409.78
Jun 22, 2020	IDA-60190	Loan Disb	1,086,953.50
Jun 24, 2020	IDA-60190	Loan Disb	706,432.00
Sep 29, 2020	IDA-60190	Loan Disb	947,158.44
Oct 16, 2020	IDA-60190	Int Charges	1,192.59
Oct 16, 2020	IDA-60190	Int Charges	1,192.59
Oct 16, 2020	IDA-60190	Int Charges	145,306.67
Oct 16, 2020	IDA-60190	Int Charges	145,306.67
Nov 6, 2020	IDA-60190	Loan Disb	777,616.56
Nov 6, 2020	IDA-60190	Loan Disb	1,367,337.50
Nov 10, 2020	IDA-60190	Loan Disb	3,325,732.50
Nov 10, 2020	IDA-60190	Loan Disb	1,425,314.00
Oct 30, 2019	IDA-60190	Loan Disb	966,497.30
Oct 30, 2019	IDA-60190	Loan Disb	1,846,439.00
Feb 18, 2020	IDA-60190	Loan Disb	927,746.60
Jan 8, 2020	IDA-60190	Loan Disb	887,567.75
Apr 17, 2020	IDA-60190	Loan Disb	936,138.30
Apr 15, 2020	IDA-60190	Loan Disb	1,841,258.50
Apr 15, 2020	IDA-60190	Loan Disb	1,510,792.90
Apr 21, 2020	IDA-60190	Loan Disb	1,790,253.20
Jan 23, 2020	IDA-60190	Loan Disb	723,777.25
Apr 18, 2019	IDA-60190	Loan Disb	393,439.00
Jun 12, 2019	IDA-60190	Loan Disb	904,984.44
Jun 28, 2022	IDA-60190	Loan Disb	116,121.25
Jul 29, 2022	IDA-60190	Loan Disb	124,376.28
Oct 15, 2022	IDA-60190	Int Charges	742.49
Oct 15, 2022	IDA-60190	Int Charges	742.49
Oct 15, 2022	IDA-60190	Int Charges	224,403.88
Oct 15, 2022	IDA-60190	Int Charges	224,403.88
Oct 15, 2021	IDA-60190	Int Charges	214,590.81
May 19, 2022	IDA-60190	Loan Disb	2,784,724.80
Mar 18, 2022	IDA-60190	Loan Disb	1,496,644.20
Jul 28, 2022	IDA-60190	Loan Disb	159,465.52
Jul 28, 2022	IDA-60190	Loan Disb	572,016.80
Apr 15, 2022	IDA-60190	Int Charges	804.30
Apr 15, 2022	IDA-60190	Int Charges	804.30
Apr 15, 2022	IDA-60190	Int Charges	213,165.60
Apr 15, 2022	IDA-60190	Int Charges	213,165.60
Jul 7, 2022	IDA-60190	Loan Disb	2,841,960.80
Jun 17, 2022	IDA-60190	Loan Disb	1,934,404.60
Jun 27, 2022	IDA-60190	Loan Disb	1,128,247.20
Jun 27, 2022	IDA-60190	Loan Disb	688,156.60
Jun 27, 2022	IDA-60190	Loan Disb	1,187,727.40
Feb 17, 2021	IDA-60190	Loan Disb	3,344,572.80
Feb 11, 2021	IDA-60190	Loan Disb	1,597,680.40
Jan 14, 2021	IDA-60190	Loan Disb	1,242,356.00
Mar 22, 2021	IDA-60190	Loan Disb	1,915,657.80
Jun 21, 2021	IDA-60190	Loan Disb	1,268,257.60
Apr 15, 2021	IDA-60190	Int Charges	322.95
Apr 15, 2021	IDA-60190	Int Charges	322.95
Apr 15, 2021	IDA-60190	Int Charges	182,164.31
Apr 26, 2024	IDA-60190	Loan Repay	1,116,502.20
Apr 26, 2024	IDA-60190	Int Charges	263,773.70
Apr 26, 2024	IDA-60190	Int Charges	263,773.70
Apr 26, 2017	IDA-60190	Loan Commitment	74,000,000.00
Nov 10, 2022	IDA-60190	Loan Disb	134,667.38
Nov 3, 2022	IDA-60190	Loan Disb	142,374.03
Nov 4, 2022	IDA-60190	Loan Disb	185,515.45
Nov 4, 2022	IDA-60190	Loan Disb	561,191.94
Apr 15, 2023	IDA-60190	Int Charges	275,743.28
Apr 15, 2023	IDA-60190	Int Charges	275,743.28
Apr 15, 2023	IDA-60190	Int Charges	110.59
Apr 15, 2023	IDA-60190	Int Charges	110.59
Jan 20, 2023	IDA-60190	Loan Cancel	3,456,265.80
Oct 15, 2023	IDA-60190	Int Charges	620.00
Oct 15, 2023	IDA-60190	Int Charges	620.00
Oct 15, 2023	IDA-60190	Int Charges	262,095.23
Oct 15, 2023	IDA-60190	Int Charges	262,095.23
Oct 15, 2023	IDA-60190	Int Charges	3,964.59
Oct 15, 2023	IDA-60190	Int Charges	-3,964.59
Oct 15, 2023	IDA-60190	Loan Repay	1,094,646.80
Dec 13, 2021	IDA-60190	Loan Disb	1,937,437.80
Aug 31, 2017	IDA-60190	Loan Disb	2,016,868.80
Sep 6, 2019	IDA-60190	Loan Disb	830,157.25
Apr 15, 2019	IDA-60190	Int Charges	27,038.70
Apr 15, 2019	IDA-60190	Int Charges	27,038.70
Sep 10, 2019	IDA-60190	Loan Disb	2,199,793.00
Sep 10, 2019	IDA-60190	Loan Disb	679,773.75
Oct 15, 2019	IDA-60190	Int Charges	110.16
Oct 15, 2019	IDA-60190	Int Charges	110.16
Oct 15, 2019	IDA-60190	Int Charges	45,116.89
Oct 15, 2019	IDA-60190	Int Charges	45,116.89
Aug 13, 2019	IDA-60190	Loan Disb	724,743.00
Oct 25, 2019	IDA-60190	Loan Disb	1,509,704.00
Oct 25, 2019	IDA-60190	Loan Disb	790,237.25
Aug 27, 2019	IDA-60190	Loan Disb	877,188.56
Jul 19, 2019	IDA-60190	Loan Disb	1,393,272.10
Jan 9, 2019	IDA-60190	Loan Disb	1,019,742.06
Jan 9, 2019	IDA-60190	Loan Disb	834,334.60
Nov 21, 2018	IDA-60190	Loan Disb	926,289.00
Jan 8, 2019	IDA-60190	Loan Disb	844,801.90
Oct 15, 2018	IDA-60190	Int Charges	19,449.73
Oct 15, 2018	IDA-60190	Int Charges	19,449.73
Jul 15, 2019	IDA-60190	Loan Disb	1,144,007.40
Jul 3, 2019	IDA-60190	Loan Disb	1,217,966.60
Jun 14, 2019	IDA-60190	Loan Disb	736,778.90
Dec 8, 2017	IDA-60190	Loan Disb	3,221,003.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Counterpart Funding	Moderately Satisfactory	2022-06-28
Overall Implementation Progress (IP)	Satisfactory	2022-06-28
Progress towards achievement of PDO	Moderately Satisfactory	2022-06-28
Financial Management	Moderately Satisfactory	2022-06-28
Monitoring and Evaluation	Moderately Satisfactory	2022-06-28
Procurement	Moderately Satisfactory	2022-06-28
Project Management	Satisfactory	2022-06-28

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-24-2023
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 08-11-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Net area of beaches gained due to protection and restoration investments under the project in the intervention areas (according to defined criteria: sand beach for swimming, fisherman village areas -	Value	0.00	25000.00	25000.00
	Date	January 4, 2017	June 30, 2022	December 31, 2021
	Comment

Share of enterprises supported under the SMAF with increase in annual volume of exports from time of provision of support (Percentage)	Value	0.00	25.00	20.00
	Date	January 4, 2017	June 30, 2022	December 31, 2021
	Comment

Average increase in annual firm revenue among BPC beneficiaries (Percentage) Value 0.00 2.00 2.00
Date January 4, 2017 June 30, 2022 December 31, 2021
Comment
Average reduction in time it takes to complete government-to-business services on investment platforms/OSSs Value 0.00 25.00 25.00
Date January 4, 2017 June 30, 2022 December 31, 2021
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Institutional and financial arrangements for exploiting and maintaining the infrastructures of the beaches have been defined and operationalized	Value	No	No	Yes
	Date	January 4, 2017	June 30, 2022	December 31, 2021
	Comment

Number of groins and breakwaters properly installed Value 0.00 21.00 19.00
Date January 4, 2017 June 30, 2022 June 30, 2022
Comment
Effective public-private dialogue mechanisms for destination access and management are established Value No Yes Yes
Date January 4, 2017 June 30, 2022 December 31, 2021
Comment
Tourism sector beneficiaries who consider that the project is responsive to their views (citizen engagement) Value 0.00 75.00 75.00
Date January 4, 2017 June 30, 2022 December 31, 2021
Comment
Number of operational regional investment platforms/OSSs established Value 0.00 3.00 3.00
Date January 4, 2017 June 30, 2022 December 31, 2021
Comment
Existence of a functional environmental and social management unit within the tourism development and planning company SAPCO Value No No Yes
Date April 30, 2017 June 30, 2022 December 31, 2021
Comment
Number of new workers employed by enterprises supported under the BPC/SMAF Value 0.00 200.00 200.00
Date January 4, 2017 June 30, 2022 December 31, 2021
Comment
Firms benefiting from private sector initiatives Value 1890.00 1200.00 3365.00
Date April 30, 2017 June 30, 2022 June 30, 2022
Comment
Share of women-led firms benefiting from private sector initiatives Value 0.00 35.00 20.00
Date
Comment

Firms benefiting from private sector initiatives	Value	1890.00	1200.00	3365.00
	Date	April 30, 2017	June 30, 2022	June 30, 2022
	Comment