1. What We Do

Ethiopia Growth and Competitiveness

Abstract*

The development objective of the Growth and Competitiveness Programmatic Development Policy Financing (DPF) Project for Ethiopia is structured around three strategic pillars: (i) maximizing finance for development; (ii) boosting competitiveness through a better environment for the private sector; and (iii) enhancing public transparency and accountability to promote good governance. It supports the implementation of the government’s second growth and...

* 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 proposed operation is structured around three strategic pillars: (i) maximizing finance for development; (ii) boosting competitiveness through a better environment for the private sector; and (iii) enhancing public transparency and accountability to promote good governance.

Key Details

Project Details

  • P168566

  • Closed

  • Nataliya Mylenko , Jean-Pierre Christophe Chauffour

  • Federal Democratic Republic of Ethiopia - Ministry of Finance and Economic Cooperation

  • Ethiopia

  • September 10, 2018

  • (as of board presentation)

    October 30, 2018

  • December 5, 2018

  • US$ 0.00 million

  • Federal Democratic Republic of Ethiopia - Ministry of Finance and Economic Cooperation

  • Eastern and Southern Africa

  • 2019

  • US$ 1200.00 million

  • N/A

  • May 31, 2024

  • November 30, 2019

  • BANK APPROVED

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Other PublicAdministrationFY17 - Other Public AdministrationFY17 - ICT InfrastructureFY17 - Banking InstitutionsFY17 - Other Energy andExtractivesFY17 - Other Energy and ExtractivesFY17 - Other Industry, Trade andServicesFY17 - Other Industry, Trade and Services

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 600.00
IDA Credit 600.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 1200.00
IBRD + IDA Commitment 1200.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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$)
Oct 30, 2018 IDA-63360 Loan Commitment 600,000,000.00
Oct 15, 2020 IDA-63360 Int Charges 1,451.59
Oct 30, 2023 IDA-63360 Int Charges 15,510.56
Oct 30, 2023 IDA-63360 Int Charges 15,510.56
Oct 30, 2023 IDA-63360 Int Charges 2,115,608.20
Oct 30, 2023 IDA-63360 Int Charges 2,115,608.20
Apr 15, 2024 IDA-63360 Int Charges 2,089,590.20
Apr 15, 2024 IDA-63360 Int Charges 2,089,590.20
Apr 15, 2024 IDA-63360 Int Charges 33,550.05
Apr 15, 2024 IDA-63360 Int Charges 33,550.05
Oct 15, 2022 IDA-63360 Int Charges 2,003,287.50
Oct 15, 2022 IDA-63360 Int Charges 2,003,287.50
Oct 15, 2022 IDA-63360 Int Charges 55,547.42
Oct 15, 2022 IDA-63360 Int Charges 55,547.42
Apr 15, 2023 IDA-63360 Int Charges 70,789.09
Apr 15, 2023 IDA-63360 Int Charges 70,789.09
Apr 28, 2023 IDA-63360 Int Charges 2,086,237.80
Apr 28, 2023 IDA-63360 Int Charges 2,086,237.80
Apr 15, 2022 IDA-63360 Int Charges 2,190,171.20
Apr 15, 2022 IDA-63360 Int Charges 2,190,171.20
Apr 15, 2022 IDA-63360 Int Charges 13,661.05
Apr 15, 2022 IDA-63360 Int Charges 13,661.05
Apr 16, 2021 IDA-63360 Int Charges 10,079.18
Apr 16, 2021 IDA-63360 Int Charges 10,079.18
Apr 16, 2021 IDA-63360 Int Charges 2,306,492.00
Apr 16, 2021 IDA-63360 Int Charges 2,306,492.00
Oct 15, 2021 IDA-63360 Int Charges 2,259,852.80
Oct 15, 2021 IDA-63360 Int Charges 2,259,852.80
Oct 15, 2021 IDA-63360 Int Charges 17,333.18
Oct 15, 2021 IDA-63360 Int Charges 17,333.18
Apr 17, 2019 IDA-63360 Int Charges 1,060,079.00
Apr 17, 2019 IDA-63360 Int Charges 1,060,079.00
Mar 8, 2019 IDA-D3870 Loan Disb 198,861,376.00
Mar 8, 2019 IDA-63360 Loan Disb 198,861,376.00
Dec 7, 2018 IDA-63360 Loan Disb 397,240,064.00
Dec 7, 2018 IDA-D3870 Loan Disb 397,240,064.00
Oct 15, 2019 IDA-63360 Int Charges 154,418.83
Oct 15, 2019 IDA-63360 Int Charges 154,418.83
Oct 15, 2019 IDA-63360 Int Charges 2,210,816.20
Oct 15, 2019 IDA-63360 Int Charges 2,210,816.20
Apr 15, 2020 IDA-63360 Int Charges 6,315.45
Apr 15, 2020 IDA-63360 Int Charges 6,315.45
Apr 15, 2020 IDA-63360 Int Charges 2,197,855.80
Apr 15, 2020 IDA-63360 Int Charges 2,197,855.80
Oct 20, 2020 IDA-63360 Int Charges 2,272,186.00
Oct 20, 2020 IDA-63360 Int Charges 2,272,186.00
Oct 15, 2020 IDA-63360 Int Charges 1,451.59
Oct 30, 2018 IDA-D3870 Loan Commitment 600,000,000.00
Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 05-31-2024
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-15-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory 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 QualityN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Proportion of PPP contracts for which more than four bids are receivedValue0.00100.0080.00
    DateJuly 6, 2018July 6, 2021July 7, 2021
    Comment
  • Percentage of CSOs registered by the Ethiopian Charities and Societies Agency under the new proclamationValue0.00100.0080.00
    DateJune 29, 2018June 30, 2021June 30, 2021
    Comment
  • Share of business activities required to obtain certificates of competenceValue100.001.9010.00
    DateJune 29, 2018June 30, 2021June 30, 2021
    Comment
  • Power sector has achieved cost recoveryValue31.0040.0075.00
    DateJune 29, 2018June 30, 2022June 30, 2022
    Comment
  • Number of SoEs that have published on their website timely annual audited financial statements prepared using IFRSValue1.001.009.00
    DateJune 29, 2018June 30, 2023June 30, 2021
    Comment
  • Number of investment permits issued in sectors previously closed to foreign investorsValue0.0084.0020.00
    DateDecember 31, 2018December 30, 2022December 31, 2021
    Comment
  • Power sector losses (commercial and technical)Value23.007.0018.00
    DateJune 29, 2018June 30, 2022June 30, 2022
    Comment
  • Credit to the private sector as a share of total creditValue30.0049.0037.00
    DateJune 29, 2018June 30, 2023June 30, 2021
    Comment
  • number of days to clear import by customsValue13.506.0010.00
    DateJune 29, 2018June 30, 2021June 30, 2021
    Comment
  • Share of instrument at market rate in the total stock of government bondsValue0.0090.0010.00
    DateJune 29, 2018June 30, 2021June 30, 2021
    Comment
  • Power sector debt service coverage ratioValue-1.840.150.50
    DateJune 30, 2017June 30, 2022June 30, 2022
    Comment
  • Number of days to clear export by customsValue5.501.004.00
    DateJune 29, 2018June 30, 2021June 30, 2021
    Comment
  • FDI in logistics sector (cumulative)Value0.00276000000.00120000000.00
    DateJune 29, 2018June 30, 2023June 30, 2021
    Comment
  • Percentage of type of license, permit, certificate or other requirements that are automated under the Electronic Single WindowValue0.0066.6066.00
    DateJune 29, 2018June 30, 2021June 30, 2021
    Comment
  • Number of licensees operating in Ethiopian Telecom SectorValue1.002.003.00
    DateJune 29, 2018June 30, 2023June 30, 2021
    Comment
  • Price of 1GB of data per month as percent of GDP per capitaValue12.601.275.00
    DateDecember 28, 2018February 28, 2023December 21, 2021
    Comment
  • Usage of mobile money, share of age 15+ populationValue0.3225.405.00
    DateDecember 29, 2017March 30, 2023December 31, 2021
    Comment