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Uganda: Investment for Industrial Transformation and Employment

Abstract*

The development objectives of the Investment for Industrial Transformation and Employment Project for Uganda are to mitigate the effect of Coronavirus disease 2019 (COVID-19) on private sector investment and employment and to support new economic opportunities including in refugee and hosting communities. The project comprises of four components. The first component, mitigating the impact of COVID-19 with a focus on the manufacturing and exporting...

* 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 objectives of the Project are to mitigate the effect of COVID-19 on private sector investment and employment and to support new economic opportunities including in refugee and hosting communities.

Key Details

Project Details

  • P171607

  • Active

  • Mohammad Akbari

  • Ministry of Finance, Planning and Economic Development

  • Uganda

  • November 3, 2020

  • (as of board presentation)

    December 20, 2021

  • April 27, 2022

  • US$ 218.00 million

  • Bank of Uganda,Private Sector Foundation Uganda

  • Eastern and Southern Africa

  • 2022

  • US$ 218.00 million

  • N/A

  • Substantial

  • January 31, 2027

  • Yes

  • BANK APPROVED

  • February 26, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 96.00
Partnership for Support to the Implementation of Uganda’s Na 18.00
IDA Grant 104.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 200.00
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount 18.00
Total Project Cost** 218.00

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

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 20, 2021 IDA-70250 Loan Commitment 96,000,000.00
Jun 21, 2024 IDA-D9590 Loan Disb 4,126,500.00
Dec 20, 2021 IDA-D9590 Loan Commitment 104,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Unsatisfactory 2024-12-23
Progress towards achievement of PDO Moderately Satisfactory 2024-12-23
Procurement Moderately Satisfactory 2024-12-23
Monitoring and Evaluation Moderately Satisfactory 2024-12-23
Overall Implementation Progress (IP) Moderately Unsatisfactory 2024-12-23
Financial Management Moderately Satisfactory 2024-12-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Firms benefiting from private sector initiativesValue0.000.00140000.00
    DateJuly 29, 2020March 16, 2022July 31, 2025
    Comment
  • Beneficiaries reached with financial servicesValue0.000.00200000.00
    DateJuly 31, 2020March 16, 2022July 31, 2025
    Comment
  • Number of formally employed in the manufacturing sector according to PAYE data collected by URA TIN numbers (# of jobs)Value60000.000.0090000.00
    DateJuly 31, 2019March 16, 2022July 31, 2025
    Comment
  • Number of SMEs with a loan or line of creditValue0.000.005300.00
    DateMay 6, 2020March 16, 2022July 31, 2023
    Comment
  • Value of investment in manufacturingValue325000000.000.00579000000.00
    DateJuly 31, 2019March 16, 2022July 31, 2025
    Comment
  • Income Generating Opportunities for RefugeesValue0.000.00120000.00
    DateFebruary 25, 2021March 16, 2022November 26, 2025
    Comment
  • Number of firms benefiting in RHDsValue0.000.0055000.00
    DateNovember 3, 2020March 16, 2022June 18, 2025
    Comment
  • The percentage of jobs saved, that would be lost due to COVID 19,Value50.000.0090.00
    DateMay 1, 2020March 16, 2022January 29, 2025
    Comment
  • The number of new loans issued to firms in the manufacturing sectorsValue0.000.001000.00
    DateNovember 18, 2020March 16, 2022May 20, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of Micro and HH enterprises loans receiving grace periodValue0.000.00160000.00
    DateJuly 31, 2020March 16, 2022July 31, 2024
    Comment
  • Number of Receivables PurchasedValue0.000.0042000.00
    DateJuly 30, 2021March 16, 2022July 31, 2024
    Comment
  • Credit Guarantee for MSME loansValue0.000.0092900000.00
    DateJuly 30, 2021March 16, 2022July 31, 2025
    Comment
  • Refugee Micro LoansValue0.000.0020000.00
    DateJanuary 12, 2022March 16, 2022March 24, 2027
    Comment
  • Women Supported MSMEsValue0.000.00700.00
    DateJanuary 31, 2020March 16, 2022January 29, 2027
    Comment
  • Citizen EngagementValue0.000.005.00
    DateJuly 31, 2020March 16, 2022January 29, 2027
    Comment
  • Number of SME loans at Tier I institutions amortization extensionValue0.000.005300.00
    DateJuly 29, 2020March 16, 2022July 31, 2023
    Comment
  • Firms reporting export sales or increase in exportsValue400.000.00900.00
    DateJune 30, 2020March 16, 2022July 31, 2025
    Comment
  • Refugee and host house community HSEs suppliersValue0.000.00900.00
    DateJuly 31, 2020March 16, 2022July 31, 2025
    Comment
  • Citizen EngagementValue0.000.005.00
    DateJuly 30, 2020March 16, 2022January 29, 2027
    Comment