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Burkina Faso Entrepreneurship, Skills and Technology Project

Abstract*

The development objective of the Entrepreneurship, Skills, and Technology Project for Burkina Faso is to increase micro, small, and medium-sized enterprises (MSMEs’) access to finance, technology, and a better trained workforce. The project comprises of four components. The first component, strengthening the enabling environment for MSME development will strengthen the enabling environment for MSME development. It consists of following sub-components:...

* 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

To increase MSMEs' access to finance, technology, and a better trained workforce.

Key Details

Project Details

  • P177005

  • Active

  • Michael Engman , Mahaman Sani, Zacharie Ngueng

  • Burkina Faso

  • Burkina Faso

  • October 27, 2021

  • (as of board presentation)

    May 8, 2023

  • November 27, 2023

  • US$ 160.00 million

  • Ministery of secondary education and vocational training,Ministry of Industry, Commerce and Handicrafts

  • Western and Central Africa

  • 2023

  • US$ 160.00 million

  • N/A

  • Substantial

  • June 30, 2029

  • TBD

  • BANK APPROVED

  • February 6, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 160.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 160.00
IBRD + IDA Commitment 160.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 160.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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

Detailed Financial Activity as of July 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Feb 5, 2024 IDA-73060 Loan Disb 14,756,303.00
May 8, 2023 IDA-73060 Loan Commitment 160,000,000.00
Apr 26, 2024 IDA-73060 Loan Disb 4,123,097.50
Nov 27, 2023 IDA-73060 Loan Disb 1,463,196.20

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Satisfactory 2025-05-20
Procurement Moderately Satisfactory 2025-05-20
Overall Implementation Progress (IP) Moderately Unsatisfactory 2025-05-20
Progress towards achievement of PDO Moderately Satisfactory 2025-05-20
Financial Management Moderately Satisfactory 2025-05-20
Monitoring and Evaluation Moderately Satisfactory 2025-05-20

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • 4. Number of trainees who complete a credentialed, industry-oriented program from TVET schools and centers (cumulative)Value0.000.007000.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • 1. New lending to businesses supported by the PPCGValue0.000.00131500000.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Of which womenValue0.000.002800.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • ...of which green financingValue0.000.0028600000.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • 2. Businesses adopting a more sophisticated technology or organizational practiceValue0.000.001700.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Of which non-formal TVET traineesValue0.000.004200.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • 5. Share of TVET graduates gainfully employed 6 months after obtaining a diplomaValue0.000.0045.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • ...of which women owned or managed businessesValue0.000.000.00
    Date
    Comment
  • 3. Businesses implementing new climate adaptation and/or mitigation measuresValue0.000.00300.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Of which womenValue0.000.000.00
    Date
    Comment
  • Of which non-formal studentsValue0.000.000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • 7. Dual training system designed and operational: (i) curricula available based on the selected fields; (ii) monitoring mechanisms established; (iii) beneficiary youth, schools and firms identifiedValueNONoYes
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • 1. Business enabling environment reforms implementedValue0.000.005.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • 8. Number of trainees/students engaged in improved training programs (disaggregated by gender)Value00T=17650, W=7060
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • of which related to administrative simplificationValue0.000.000.00
    Date
    Comment
  • Of which related to commercial justiceValue0.000.000.00
    Date
    Comment
  • 2. Entrepreneurs and businesses participating in the Capabilities ProgramValue0.000.001550.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Of which women-owned/ledValue0.000.0030.00
    Date
    Comment
  • Of which share of beneficiaries satisfied with the Capabilities Program (citizen engagement)Value0.000.0070.00
    Date
    Comment
  • 3. Entrepreneurs and businesses benefitting from the Partnership FundValue0.000.00750.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Teachers recruited or trainedValue0.000.00750.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Of which women-owned/ledValue0.000.0030.00
    Date
    Comment
  • Share of beneficiaries satisfied with the Partnership Fund (citizen engagement)Value0.000.0075.00
    Date
    Comment
  • Number of teachers recruitedValue0.000.000.00
    DateDecember 31, 2021January 31, 2024February 29, 2028
    Comment
  • 4. Amount of private co-investment leveraged by the Partnership FundValue0.000.0016000000.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Teachers recruited or trained - Female (RMS requirement)Value0.000.0050.00
    Date
    Comment
  • 5. Businesses that received a new loan from a PFIValue0.000.00800.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Number of teachers trainedValue0.000.00750.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment
  • Of which were for investments in green solutionsValue0.000.0025.00
    Date
    Comment
  • Of which were based or operating outside the metropolitan capitalValue23.000.0030.00
    Date
    Comment
  • 6. Annual energy consumption met from new sources of renewable energyValue0.000.0015000.00
    DateJune 30, 2023January 31, 2024June 30, 2029
    Comment