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Support to Enterprise Development and Competitiveness Project

Abstract*

The objective of the Support to Enterprise Development and Competitiveness Project is to foster MSME competitiveness in the targeted sectors and targeted geographic areas of the Republic of Congo's territory. There are three components to the project, the first component being regulatory and institutional support to strengthen the enabling environment for private sector development. The objective of this component is to promote investments particularly...

* 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

The objective of the Project is to foster MSME competitiveness in the targeted sectors and targeted geographic areas of the Republic of Congo's territory.

Key Details

Project Details

  • P161590

  • Closed

  • Benjamin Herzberg

  • Republic of Congo

  • Congo, Republic of

  • July 19, 2017

  • (as of board presentation)

    May 30, 2018

  • May 20, 2019

  • US$ 25.00 million

  • Ministry of Plan, Statistics and Regional Integration

  • Western and Central Africa

  • 2018

  • US$ 25.00 million

  • B

  • May 15, 2024

  • May 30, 2023

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 25.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 25.00
IDA Commitment N/A
IBRD + IDA Commitment 25.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 25.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 6, 2020 IBRD-88710 Loan Disb 141,178.92
Jan 7, 2020 IBRD-88710 Loan Disb -66,888.72
May 15, 2020 IBRD-88710 Loan Disb 53,945.58
Jun 18, 2020 IBRD-88710 Loan Disb 154,912.44
Aug 28, 2020 IBRD-88710 Loan Disb 53,142.56
Jun 25, 2020 IBRD-88710 Loan Disb 67,713.04
Sep 3, 2020 IBRD-88710 Loan Disb 277,345.88
Aug 19, 2020 IBRD-88710 Loan Disb 53,287.64
Oct 23, 2020 IBRD-88710 Int Charges 378.18
Oct 23, 2020 IBRD-88710 Int Charges 22,463.41
Oct 23, 2020 IBRD-88710 Int Charges 26,459.90
Nov 10, 2020 IBRD-88710 Loan Disb 630,561.06
Oct 15, 2020 IBRD-88710 Int Charges 204.37
Nov 3, 2020 IBRD-88710 Loan Disb 133,568.56
Aug 4, 2020 IBRD-88710 Loan Disb 250,567.88
Oct 1, 2020 IBRD-88710 Loan Disb 148,018.25
Mar 4, 2021 IBRD-88710 Loan Disb 117,093.41
Dec 29, 2020 IBRD-88710 Loan Disb 268,510.84
Jan 4, 2021 IBRD-88710 Loan Disb 175,488.53
Feb 19, 2021 IBRD-88710 Loan Disb 383,663.47
Mar 18, 2021 IBRD-88710 Loan Disb 310,484.72
Dec 1, 2020 IBRD-88710 Loan Disb 191,417.44
Jul 29, 2021 IBRD-88710 Loan Disb 273,084.90
May 20, 2019 IBRD-88710 Loan Disb 2,685,325.80
Dec 3, 2019 IBRD-88710 Loan Disb 27,635.28
Aug 2, 2019 IBRD-88710 Loan Disb 230,496.81
May 20, 2019 IBRD-88710 Loan Disb 56,606.55
May 20, 2019 IBRD-88710 Fee Charges 56,606.55
Oct 29, 2019 IBRD-88710 Loan Disb 30,218.05
Oct 22, 2019 IBRD-88710 Int Charges 9,197.74
Nov 20, 2019 IBRD-88710 Int Charges 52,721.88
Nov 20, 2019 IBRD-88710 Int Charges 9,548.02
Oct 21, 2019 IBRD-88710 Loan Disb 302,656.53
Nov 4, 2019 IBRD-88710 Loan Disb 427,708.28
Dec 12, 2019 IBRD-88710 Loan Disb 76,458.48
Mar 6, 2020 IBRD-88710 Loan Disb 215,658.34
Dec 5, 2019 IBRD-88710 Loan Disb 31,465.34
Nov 27, 2019 IBRD-88710 Loan Disb 168,168.42
Dec 30, 2019 IBRD-88710 Loan Disb 29,495.81
Dec 30, 2019 IBRD-88710 Loan Disb 67,102.58
Dec 30, 2019 IBRD-88710 Loan Disb 36,773.02
Mar 25, 2020 IBRD-88710 Loan Disb 48,238.78
Mar 12, 2020 IBRD-88710 Loan Disb 81,960.41
Dec 23, 2019 IBRD-88710 Loan Disb 95,196.00
Dec 23, 2019 IBRD-88710 Loan Disb 202,203.83
Apr 8, 2020 IBRD-88710 Loan Disb 190,962.72
Mar 2, 2020 IBRD-88710 Loan Disb 41,610.13
Feb 25, 2020 IBRD-88710 Loan Disb 256,756.31
Apr 29, 2020 IBRD-88710 Int Charges 1.63
Apr 29, 2020 IBRD-88710 Int Charges 22,305.64
Mar 28, 2023 IBRD-88710 Loan Disb 230,367.44
Mar 13, 2023 IBRD-88710 Loan Disb 767,287.80
Feb 9, 2023 IBRD-88710 Loan Disb 217,097.56
Jan 26, 2023 IBRD-88710 Loan Disb 215,802.27
Mar 11, 2022 IBRD-88710 Loan Disb 670,548.50
May 31, 2022 IBRD-88710 Loan Disb 431,040.12
Apr 15, 2022 IBRD-88710 Int Charges 222.85
Jun 3, 2022 IBRD-88710 Loan Disb 136,925.62
Jun 3, 2022 IBRD-88710 Loan Disb 112,247.59
Mar 28, 2022 IBRD-88710 Loan Disb 161,947.60
Dec 9, 2021 IBRD-88710 Loan Disb 527,163.40
Apr 26, 2022 IBRD-88710 Int Charges 279.76
Apr 26, 2022 IBRD-88710 Int Charges 12,245.49
Apr 26, 2022 IBRD-88710 Int Charges 31,316.27
Dec 15, 2021 IBRD-88710 Loan Disb 181,410.28
Feb 23, 2022 IBRD-88710 Loan Disb 185,577.20
Jun 28, 2022 IBRD-88710 Loan Disb 290,263.34
Aug 16, 2022 IBRD-88710 Loan Disb 306,997.78
Dec 27, 2021 IBRD-88710 Loan Disb 270,092.80
Aug 31, 2022 IBRD-88710 Loan Disb 231,912.23
Jul 29, 2022 IBRD-88710 Loan Disb 222,103.98
May 17, 2021 IBRD-88710 Int Charges 345.89
May 17, 2021 IBRD-88710 Int Charges 20,458.33
May 17, 2021 IBRD-88710 Int Charges 23,267.02
Jul 1, 2021 IBRD-88710 Loan Disb 229,008.69
Apr 15, 2021 IBRD-88710 Int Charges 131.53
May 28, 2021 IBRD-88710 Loan Disb 234,485.20
May 6, 2021 IBRD-88710 Loan Disb 175,647.14
Jun 9, 2021 IBRD-88710 Loan Disb 154,471.12
Oct 15, 2021 IBRD-88710 Int Charges 226.92
Nov 5, 2021 IBRD-88710 Loan Disb 311,732.38
Oct 19, 2021 IBRD-88710 Int Charges 302.93
Oct 19, 2021 IBRD-88710 Int Charges 17,476.89
Oct 19, 2021 IBRD-88710 Int Charges 25,659.18
Nov 30, 2021 IBRD-88710 Loan Disb 375,021.90
Oct 14, 2021 IBRD-88710 Loan Disb 587,807.80
Sep 1, 2021 IBRD-88710 Loan Disb 167,311.10
Aug 20, 2021 IBRD-88710 Loan Disb 522,450.80
Apr 29, 2020 IBRD-88710 Int Charges 14,211.59
May 30, 2018 IBRD-88710 Loan Commitment 25,000,000.00
May 20, 2024 IBRD-88710 Int Charges 1,465.86
May 20, 2024 IBRD-88710 Int Charges 7.61
May 20, 2024 IBRD-88710 Int Charges 549,185.94
Jun 16, 2023 IBRD-88710 Loan Disb 595,219.00
Oct 13, 2023 IBRD-88710 Loan Disb -12,774.15
Nov 1, 2023 IBRD-88710 Int Charges 2,271.20
Nov 1, 2023 IBRD-88710 Int Charges 1,713.90
Nov 1, 2023 IBRD-88710 Int Charges 462,599.22
Oct 15, 2023 IBRD-88710 Int Charges 198.49
Jan 27, 2022 IBRD-88710 Loan Disb 770,354.40
Oct 15, 2022 IBRD-88710 Int Charges 47,674.09
Oct 15, 2022 IBRD-88710 Int Charges 208.66
Nov 17, 2022 IBRD-88710 Loan Disb 120,952.52
Dec 1, 2022 IBRD-88710 Loan Disb 330,308.25
Oct 15, 2022 IBRD-88710 Int Charges 254.46
Oct 15, 2022 IBRD-88710 Int Charges 8,149.71
Sep 15, 2022 IBRD-88710 Loan Disb 512,899.97
Oct 25, 2022 IBRD-88710 Loan Disb 705,677.40
Dec 9, 2022 IBRD-88710 Loan Disb 479,069.72
Feb 14, 2023 IBRD-88710 Loan Disb 90,458.23
Feb 1, 2023 IBRD-88710 Loan Disb 309,112.70
Apr 21, 2023 IBRD-88710 Loan Disb 328,238.16
Apr 15, 2023 IBRD-88710 Int Charges 648.43
Apr 15, 2023 IBRD-88710 Int Charges 5,096.51
Apr 15, 2023 IBRD-88710 Int Charges 281,445.16
Apr 15, 2023 IBRD-88710 Int Charges 325.96
May 11, 2023 IBRD-88710 Loan Disb 285,057.28

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Financial Management Moderately Unsatisfactory 2022-12-21
Overall Safeguards Rating Moderately Unsatisfactory 2022-12-21
Progress towards achievement of PDO Satisfactory 2022-12-21
Project Management Moderately Satisfactory 2022-12-21
Monitoring and Evaluation Satisfactory 2022-12-21
Procurement Satisfactory 2022-12-21
Overall Implementation Progress (IP) Moderately Satisfactory 2022-12-21
Overall Safeguards Rating Moderately Unsatisfactory 2022-12-21

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-21-2023
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-03-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of Investment Climate reforms implemented (cumulative)Value0.0012.003.00
    DateMay 30, 2018May 31, 2023
    Comment
  • Share of beneficiary firms under the Support to Enterprise Development grants demonstrating a sustained increase in annual turnover.Value0.0036.600.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Share of new firms supported under the Business Plan Competition (BPC) that are still operating 24 months after receiving assistance (financial and non-financial)Value0.0057.400.00
    DateMay 30, 2018May 30, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of procedures under 6 investment climate (DB) indicators streamlinedValue0.0030.0012.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Business plans successfully launchedValue0.00100.0050.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Number of measures/recommendations proposed by PPD process endorsed for implementationValue0.00175.006.00
    DateMay 30, 2018May 30, 2023
    Comment
  • % of Business plans with actual fundingValue0.000.0010.00
    DateMay 30, 2018
    Comment
  • Out of which number of measures/recommendations that led to reformsValue0.000.004.00
    DateMay 30, 2018
    Comment
  • Number of MSME receiving technical supportValue0.00464.00125.00
    DateMay 30, 2018May 30, 2023
    Comment
  • API Investment Promotion Strategy and Business Plan developmentValueNot Approved by API BoardYesNo
    DateMay 30, 2018May 30, 2023
    Comment
  • of which female ownedValue0.00109.0080.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Firms benefiting from private sector initiativesValue0.00632.00200.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Including promotion, facilitation and aftercare activitiesValueNoNo
    DateMay 30, 2018
    Comment
  • GUOT (The One Stop Shop for trans-border trade) strengthened operationallyValueNoYesNo
    DateJune 23, 2020May 30, 2023
    Comment
  • of which female ownedValue0.00264.00100.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Number of private sector cooperative (GIE) established (cumulative)Value0.0011.005.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Institutional quality of the GUOT (index)Value0.000.000.00
    DateMay 30, 2018
    Comment
  • Direct Compliance Cost SavingsValue0.001693908.000.00
    DateMay 30, 2018May 30, 2023
    Comment
  • of which secured a market access with a buyerValue0.002.000.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Satisfaction rating by project beneficiaries administered through a survey questionnaire (%) (Citizen Engagement)Value0.0034.0075.00
    DateMay 30, 2018May 30, 2023
    Comment
  • Starting a Business - ProceduresValue10.000.000.00
    DateMay 30, 2018
    Comment
  • Starting business - TimeValue49.000.000.00
    DateMay 30, 2018
    Comment
  • Out of which female beneficiariesValue0.000.0075.00
    DateMay 30, 2018
    Comment
  • Starting a Business - Cost (% of income per capita)Value77.700.000.00
    DateMay 30, 2018
    Comment
  • Out of which youth beneficiariesValue0.000.0075.00
    DateMay 30, 2018
    Comment
  • Out of which MSMEs beneficiariesValue0.000.0075.00
    DateMay 30, 2018
    Comment
  • Out of which Investment Climate activitiesValue0.000.0075.00
    DateMay 30, 2018
    Comment