Somalia Capacity Advancement, Livelihoods and Entrepreneurship, through Digital Uplift Project (SCALED-UP)

Abstract*

The development objective of Capacity Advancement, Livelihoods and Entrepreneurship through Digital Uplift Project for Somalia is to support progress towards increased access to basic digital financial and government services targeting entrepreneurship and employment, particularly for women. This project has three components. 1) The first component, Strengthening Institutions, is focused on stabilizing core government functions enabling access to... Show More

Development Objective

The Project Development Objective (PDO) is to support progress towards increased access to basic digital financial and government services targeting entrepreneurship and employment, particularly for women.

Key Details

Project Details

Project ID
P168115
Status
Active
Team Leader
Asta Bareisaite , Sameer Goyal, Naomi Halewood
Borrower 2
Ministry of Finance, Federal Republic of Somalia

Country
Somalia
Disclosure Date
January 27, 2019
Approval Date
(as of board presentation)
March 7, 2019
Effective Date
August 8, 2019

Total Project Cost 1
US$ 101.00 million
Implementing Agency
Ministry of Finance, Federal Republic of Somalia
Region
Eastern and Southern Africa
Fiscal Year 3
2019

Commitment Amount
US$ 101.00 million
Environmental Category
B
Last Update Date
January 11, 2024
Closing Date
December 31, 2025

Consultant Services required
TBD
Last Stage Reached
BANK APPROVED

Associated Projects
P174769

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 - Environment and Natural Resource Management

FY17 - Climate change2%
- FY17 - Mitigation2%

FY17 - Finance

FY17 - Financial Infrastructure and Access77%
- FY17 - MSME Finance61%
- FY17 - Payment & markets infrastructure16%
FY17 - Financial Stability22%
- FY17 - Financial Sector Integrity18%
- FY17 - Financial Sector oversight and policy/banking regulation & restructuring18%

FY17 - Human Development and Gender

FY17 - Gender66%

FY17 - Private Sector Development

FY17 - ICT32%
- FY17 - ICT Solutions32%
FY17 - Jobs61%
- FY17 - Job Creation61%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Somalia Multi-Partner Fund	33.00
IDA Grant	68.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	68.00
IBRD + IDA Commitment	68.00

Lending Instrument
Grant Amount	33.00
Total Project Cost**	101.00

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

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Dec 29, 2021	IDA-D4330	Loan Disb	50,787.26
Dec 29, 2021	IDA-D4330	Loan Disb	58,116.72
Dec 29, 2021	IDA-D4330	Loan Disb	74,641.23
May 31, 2022	IDA-D4330	Loan Disb	17,370.00
Jul 22, 2022	IDA-D4330	Loan Disb	16,587.75
Mar 7, 2022	IDA-D4330	Loan Disb	117,156.46
Mar 11, 2022	IDA-D4330	Loan Disb	17,619.99
Sep 28, 2021	IDA-D4330	Loan Disb	47,287.50
Aug 21, 2024	IDA-D4330	Loan Disb	24,296.54
Apr 15, 2024	IDA-D4330	Loan Disb	13,625.11
Aug 21, 2024	IDA-D4330	Loan Disb	45,339.15
Dec 26, 2023	IDA-D4330	Loan Disb	34,564.01
Dec 29, 2023	IDA-D4330	Loan Disb	28,396.49
Aug 31, 2023	IDA-D4330	Loan Disb	34,564.01
Jul 13, 2023	IDA-D4330	Loan Disb	1,820,283.80
Aug 18, 2023	IDA-D4330	Loan Disb	20,014.49
May 16, 2023	IDA-D4330	Loan Disb	-1,820,283.80
May 15, 2023	IDA-D4330	Loan Disb	1,820,283.80
May 15, 2023	IDA-D4330	Loan Disb	355,384.47
Dec 15, 2022	IDA-D4330	Loan Disb	137,730.34
Feb 6, 2024	IDA-D4330	Loan Disb	135,470.16
Jun 17, 2024	IDA-D4330	Loan Disb	1,829,354.80
Mar 7, 2024	IDA-D4330	Loan Disb	13,625.11
Nov 8, 2019	IDA-D4330	Loan Disb	500,000.00
Oct 6, 2021	IDA-D4330	Loan Disb	17,259.44
Aug 23, 2021	IDA-D4330	Loan Disb	58,199.99
Aug 23, 2021	IDA-D4330	Loan Disb	12,450.00
Nov 9, 2021	IDA-D4330	Loan Disb	62,767.37
Nov 9, 2021	IDA-D4330	Loan Disb	944,990.44
Aug 16, 2021	IDA-D4330	Loan Disb	248,885.36
Aug 5, 2021	IDA-D4330	Loan Disb	12,450.00
Jun 25, 2021	IDA-D4330	Loan Disb	106,603.85
Sep 3, 2021	IDA-D4330	Loan Disb	137,164.38
Jun 7, 2021	IDA-D4330	Loan Disb	61,110.00
May 26, 2021	IDA-D4330	Loan Disb	224,791.55
Apr 8, 2021	IDA-D4330	Loan Disb	51,861.48
Jul 23, 2021	IDA-D4330	Loan Disb	22,479.75
Mar 5, 2021	IDA-D4330	Loan Disb	331,302.62
Mar 5, 2021	IDA-D4330	Loan Disb	670,542.90
Feb 16, 2021	IDA-D4330	Loan Disb	16,767.31
Dec 9, 2020	IDA-D4330	Loan Disb	283,717.12
Dec 29, 2020	IDA-D4330	Loan Disb	59,006.84
Aug 18, 2020	IDA-D4330	Loan Disb	374,043.30
Jul 6, 2020	IDA-D4330	Loan Disb	28,089.45
Sep 11, 2020	IDA-D4330	Loan Disb	12,130.34
Nov 12, 2020	IDA-D4330	Loan Disb	15,396.87
Nov 5, 2020	IDA-D4330	Loan Disb	1,482,437.80
Apr 24, 2020	IDA-D4330	Loan Disb	403,692.75
Mar 19, 2020	IDA-D4330	Loan Disb	23,432.88
Mar 2, 2020	IDA-D4330	Loan Disb	9,884.30
Mar 2, 2020	IDA-D4330	Loan Disb	2,000,000.00
Nov 28, 2022	IDA-D4330	Loan Disb	1,512,899.90
Dec 23, 2022	IDA-D4330	Loan Disb	132,085.31
Dec 23, 2022	IDA-D4330	Loan Disb	46,458.15
Dec 27, 2022	IDA-D4330	Loan Disb	58,624.73
Dec 27, 2022	IDA-D4330	Loan Disb	17,370.00
Dec 27, 2022	IDA-D4330	Loan Disb	29,100.00
Dec 23, 2022	IDA-D4330	Loan Disb	1,238,996.40
Dec 30, 2021	IDA-D4330	Loan Disb	38,799.99
Aug 2, 2022	IDA-D4330	Loan Disb	302,473.97
Aug 16, 2022	IDA-D4330	Loan Disb	894,347.56
Dec 29, 2021	IDA-D4330	Loan Disb	19,391.00
Mar 7, 2019	IDA-D4330	Loan Commitment	18,000,000.00
Jun 9, 2021	IDA-D8430	Loan Commitment	50,000,000.00
Feb 16, 2024	IDA-D8430	Loan Disb	-598,657.80
Mar 7, 2024	IDA-D8430	Loan Disb	598,707.80
Apr 7, 2022	IDA-D8430	Loan Disb	600,000.00
Aug 29, 2023	IDA-D8430	Loan Disb	3,000,000.00
May 15, 2023	IDA-D8430	Loan Disb	975,000.00
Feb 12, 2024	IDA-D8430	Loan Disb	598,707.80
Sep 3, 2024	IDA-D8430	Loan Disb	132,824.06
Aug 21, 2024	IDA-D8430	Loan Disb	1,067,591.00
Jun 10, 2024	IDA-D8430	Loan Disb	169,941.12

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Safeguards Rating	Moderately Satisfactory	2024-09-18
Progress towards achievement of PDO	Moderately Satisfactory	2024-09-18
Financial Management	Moderately Satisfactory	2024-09-18
Monitoring and Evaluation	Moderately Satisfactory	2024-09-18
Overall Implementation Progress (IP)	Moderately Satisfactory	2024-09-18
Procurement	Moderately Satisfactory	2024-09-18
Project Management	Moderately Satisfactory	2024-09-18

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of unique transactional accounts opened using a digital Customer Verification System (CVS) to enable electronic KYC (eKYC) protocols	Value	0.00	0.00	1000000.00
	Date	June 30, 2019	December 11, 2023	December 31, 2025
	Comment

Number of people who have received their unique ID number Value 0.00 6700.00 3000000.00
Date June 30, 2019 December 11, 2023 December 31, 2026
Comment
Number of firms that benefit from reformed business registration requirements Value 0.00 3134.00 5000.00
Date October 31, 2018 December 31, 2023 December 31, 2025
Comment
Cumulative number of MSME loans disbursed from the Retail PFIs Value 0.00 276.00 5500.00
Date November 20, 2019 September 30, 2023 December 31, 2025
Comment
of which % are female owned transaction accounts Value 0.00 0.00 0.00
Date
Comment
Of which (%) are female Value 0.00 0.00 0.00
Date
Comment
Of which % are women owned firms Value 0.00 0.00 30.00
Date
Comment
Of which (%) are loans to women owned and managed businesses Value 0.00 0.00 40.00
Date
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Digital ID Authority established & operational Value No Yes Yes
Date January 30, 2019 December 11, 2023 December 31, 2025
Comment
Cumulative Value of MSME loans from the Retail PFIs (Million USD) Value 0.00 12.50 30.00
Date June 30, 2019 September 30, 2023 December 31, 2025
Comment

CBS legal and institutional framework strengthened to enable CBS’ capitalization	Value	N.A	IVA verified achievement of the following PBCs: PB	The CBS Board, FGS MoF, and the recipient’s Cabine
	Date	January 30, 2019	December 11, 2023	December 31, 2025
	Comment

Of which % are disbursed to female owned businesses Value 0.00 0.00 30.00
Date
Comment

Activation of critical institutional systems within CBS to enable corresponding banking arrangements	Value	N.A	Completed PBC 2.1 and PBC 2.2 (not yet verified by	The CBS Governor has (i) established 2 additional
	Date	January 30, 2019	December 11, 2023	December 31, 2025
	Comment

Number of firms that receive BDS as part of the COVID-19 response support Value 0.00 0.00 300.00
Date January 31, 2019 December 11, 2023 December 31, 2025
Comment
Shared legal, strategic, policy and governance frameworks and standards adopted by key institutions supported Value 0.00 2.00 9.00
Date June 30, 2019 December 11, 2023 December 31, 2025
Comment

Improved CBS supervisory oversight, capacity building and staff reorganization into a more effective structure to tackle financial integrity and de-risking.	Value	NA	IVA verified achievement of the following PBCs: PB	PFI customers with transaction accounts verified u
	Date	June 30, 2020	December 11, 2023	December 31, 2025
	Comment

Volume of additional private capital mobilized (including through the risk-sharing facility, lines of credit and additional DFI capital mobilized) (Million USD)	Value	0.00	19.08	20.00
	Date	June 30, 2019	December 11, 2023	December 31, 2025
	Comment

Digital ID system operational Value N.A. In progress, specifications for core system compon ID system able to capture and securely transmit an
Date June 30, 2019 December 11, 2023 December 31, 2025
Comment
Shared digital platforms introduced to enable remote and secure e-service expansion Value 0.00 3.00 4.00
Date June 30, 2019 December 11, 2023 December 31, 2025
Comment

Prepared reports on feedback from beneficiary consultations regarding perspectives on identification and if/ how this feedback has been integrated into the ID system’s design and implementation	Value	No	No	Yes
	Date	June 30, 2019	December 11, 2023	December 31, 2025
	Comment

PFIs receiving training/TA to develop new savings and lending product for women – cumulative Value 0.00 7.00 6.00
Date June 30, 2019 September 30, 2023 December 31, 2025
Comment

Of which % are women owned firms	Value	0.00	0.00	30.00
	Date
	Comment

Digital ID system operational	Value	N.A.	In progress, specifications for core system compon	ID system able to capture and securely transmit an
	Date	June 30, 2019	December 11, 2023	December 31, 2025
	Comment

Cumulative number of MSME loans disbursed from the Retail PFIs	Value	0.00	276.00	5500.00
	Date	November 20, 2019	September 30, 2023	December 31, 2025
	Comment

Somalia Capacity Advancement, Livelihoods and Entrepreneurship, through Digital Uplift Project (SCALED-UP)

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of February 28, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS