Skip to Main Navigation

Extractive Industries Technical Assistance Project Phase 2

Abstract*

The objective of the Second phase of Extractive Industries Technical Assistance Project for Sierra Leone is to strengthen governance, knowledge, and sustainability of the extractives sector in Sierra Leone. There are five components to the project, the first component being improve mineral sector governance. This component is comprised of the following subcomponents: strengthening extractive sector governance, transparency, accountability, and administration;...

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

Show More

Development Objective

The proposed project development objective is to strengthen governance, knowledge, and sustainability of the extractives sector in Sierra Leone.

Key Details

Project Details

  • P160719

  • Closed

  • Morten Larsen

  • Ministry of Finance and Economic Development

  • Sierra Leone

  • September 7, 2017

  • (as of board presentation)

    November 22, 2017

  • March 1, 2018

  • US$ 20.00 million

  • Ministry of Mines and Mineral Resources

  • Western and Central Africa

  • 2018

  • US$ 20.00 million

  • B

  • Not Applicable

  • December 31, 2022

  • Yes

  • BANK APPROVED

  • October 16, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 20.00
IBRD + IDA Commitment 20.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 20.00

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

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Feb 14, 2019 IDA-D2680 Loan Disb 1,255,800.00
May 14, 2019 IDA-D2680 Loan Disb 217,525.89
Jan 22, 2019 IDA-D2680 Loan Disb 183,454.34
May 14, 2019 IDA-D2680 Loan Disb 1,004,640.00
Nov 22, 2017 IDA-D2680 Loan Commitment 20,000,000.00
Dec 14, 2022 IDA-D2680 Loan Cancel 4,411,455.00
Jul 20, 2023 IDA-D2680 Loan Cancel 14,175.64
Jul 10, 2023 IDA-D2680 Loan Disb -840.01
Jul 10, 2023 IDA-D2680 Loan Disb -13,191.99
Aug 8, 2022 IDA-D2680 Loan Disb 156,563.70
Mar 2, 2022 IDA-D2680 Loan Disb 178,270.66
Feb 7, 2022 IDA-D2680 Loan Disb 265,360.40
Jan 3, 2023 IDA-D2680 Loan Disb 229,350.60
Nov 29, 2022 IDA-D2680 Loan Disb 125,253.19
Sep 20, 2022 IDA-D2680 Loan Disb 238,530.81
Oct 21, 2022 IDA-D2680 Loan Disb 212,486.38
Oct 27, 2021 IDA-D2680 Loan Disb 206,577.86
Jul 22, 2022 IDA-D2680 Loan Disb 138,839.94
May 27, 2022 IDA-D2680 Loan Disb 183,958.66
Apr 21, 2022 IDA-D2680 Loan Disb 149,073.83
Dec 14, 2020 IDA-D2680 Loan Disb 159,890.40
Nov 20, 2020 IDA-D2680 Loan Disb 114,202.58
Feb 8, 2021 IDA-D2680 Loan Disb 106,698.91
Apr 12, 2021 IDA-D2680 Loan Disb 119,241.03
Jun 1, 2021 IDA-D2680 Loan Disb 263,718.72
Aug 5, 2021 IDA-D2680 Loan Disb 145,546.88
Jan 17, 2020 IDA-D2680 Loan Disb 753,480.00
Apr 9, 2020 IDA-D2680 Loan Disb 627,900.00
Apr 3, 2020 IDA-D2680 Loan Disb 235,092.44
Dec 16, 2019 IDA-D2680 Loan Disb 144,271.20
Feb 24, 2020 IDA-D2680 Loan Disb 85,733.41
Jun 1, 2020 IDA-D2680 Loan Disb 79,083.77
Sep 25, 2020 IDA-D2680 Loan Disb 179,015.72
Sep 8, 2020 IDA-D2680 Loan Disb 162,121.45
Aug 10, 2020 IDA-D2680 Loan Disb 149,539.16
Jul 15, 2019 IDA-D2680 Loan Disb 230,962.16
Oct 16, 2020 IDA-D2680 Loan Disb 627,900.00
Jul 22, 2020 IDA-D2680 Loan Disb 157,838.66
Apr 19, 2019 IDA-D2680 Loan Disb 224,552.66
Jun 13, 2019 IDA-D2680 Loan Disb 87,058.02
Jun 25, 2019 IDA-D2680 Loan Disb 184,569.30
Jun 25, 2019 IDA-D2680 Loan Disb 1,004,640.00
Apr 3, 2019 IDA-D2680 Loan Disb 1,004,640.00
Oct 1, 2019 IDA-D2680 Loan Disb 257,434.11
Mar 13, 2019 IDA-D2680 Loan Disb 221,708.45
Nov 13, 2019 IDA-D2680 Loan Disb 141,873.83
Aug 23, 2019 IDA-D2680 Loan Disb 128,213.82
Feb 3, 2020 IDA-D2680 Loan Disb 234,422.69
Sep 18, 2018 IDA-D2680 Loan Disb 73,665.61
May 24, 2018 IDA-D2680 Loan Disb 1,730,209.90
Jul 16, 2018 IDA-D2680 Loan Disb 237,758.64
Aug 20, 2018 IDA-D2680 Loan Disb 183,635.81
Nov 26, 2018 IDA-D2680 Loan Disb 162,584.14
Nov 2, 2018 IDA-D2680 Loan Disb 137,693.88

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2022-12-22
Procurement Satisfactory 2022-12-22
Financial Management Satisfactory 2022-12-22
Project Management Satisfactory 2022-12-22
Monitoring and Evaluation Satisfactory 2022-12-22
Overall Implementation Progress (IP) Moderately Satisfactory 2022-12-22

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-23-2023
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-15-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityModestN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Complete a nationwide airborne geophysical studyValue25.00100.000.00
    DateOctober 29, 2019December 30, 2022
    Comment
  • Issue new mining licensesValue1030.001133.000.00
    DateMarch 8, 2018December 30, 2022
    Comment
  • Implement the Policy Actions Matrix of the Minerals PolicyValue10.0030.000.00
    DateOctober 29, 2019December 31, 2022
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Citizen engagement - Components A and C - Nationwide consultations on new policiesValueNoYesYes
    DateAugust 31, 2017December 30, 2022October 29, 2021
    Comment
  • Citizen engagement Sensitization ahead of fly-oversValueNoYesYes
    DateAugust 31, 2017December 30, 2022March 20, 2019
    Comment
  • Implement the Green Gold Pilot - Complete study on green gold value chainValueNoNo
    DateAugust 31, 2017November 7, 2022
    Comment
  • Number of audit reports preparedValue0.004.000.00
    DateMarch 8, 2018December 1, 2022
    Comment
  • Contingency usedValueNoYes
    DateMarch 8, 2018December 30, 2022
    Comment
  • Revise Mines and Minerals ActValueNoNoNo
    DateAugust 31, 2017December 30, 2022
    Comment
  • Complete new and/or revised maps at 1:100.000 scaleValue0.0015.000.00
    DateMarch 8, 2018December 30, 2022
    Comment
  • Implement the Green Gold Pilot - Gold miners trained on cleaner technologiesValue0.0020.0020.00
    DateAugust 31, 2017December 30, 2022December 31, 2021
    Comment
  • Revise licensing proceduresValueNoNoNo
    DateAugust 31, 2017November 7, 2022
    Comment
  • Revise legislation on artisanal miningValueNoYesNo
    DateAugust 31, 2017December 30, 2022
    Comment
  • Implement the Green Gold Pilot - Develop and implement the Green Gold branding campaignValue0.001.000.00
    DateAugust 31, 2017December 30, 2022
    Comment
  • Strengthen MMMR in policy making (number of people attending policy training per year).Value0.0015.004.00
    DateAugust 31, 2017December 30, 2022September 30, 2021
    Comment
  • Complete baseline study of artisanal miningValueNoYes
    DateAugust 31, 2017August 24, 2022
    Comment
  • Formalize artisanal miners - Establish cooperativesValue0.005.000.00
    DateAugust 31, 2017December 30, 2022
    Comment
  • Attract private sector investment - Issue exploration licensesValue146.00175.0029.00
    DateAugust 31, 2017December 30, 2022September 30, 2021
    Comment
  • Attract private sector investment - Conduct investment promotion at international conferencesValue0.008.002.00
    DateAugust 31, 2017December 30, 2022November 30, 2021
    Comment