| Financier | Commitments |
|---|---|
| PROBLUE MDTF | 5.00 |
| IDA Grant | 50.00 |
Somali Sustainable Fisheries Development Project - Badmaal
Abstract*
The development objective of the Sustainable Fisheries Development Badmaal Project for Somali is to improve the capacity of targeted communities and authorities to benefit from and effectively manage selected fisheries. The project comprises of three components. The first component, increasing the capacity of dependent communities to benefit from sustainable marine fisheries aims to establish or improve small-scale fisheries sustainable infrastructure... Show More
Development Objective
The Project Development Objective is to improve the sustainable management of selected fisheries and enhance the capacity of targeted coastal communities to benefit from fisheries production.
Key Details
Project Details
P178032
Active
Julien Million , Stephen Ling
Federal Republic of Somalia
January 19, 2022
(as of board presentation)
June 12, 2024
September 17, 2024
US$ 50.00 million
Ministry of Fisheries and Blue Economy of the Federal Republic of Somalia
2024
US$ 55.00 million
N/A
November 11, 2024
June 30, 2030
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 50.00 |
| IBRD + IDA Commitment | 50.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 5.00 |
| Total Project Cost** | 50.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 12, 2024 | IDA-E3100 | Loan Commitment | 50,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Moderately Satisfactory | 2024-09-19 |
| Progress towards achievement of PDO | Satisfactory | 2024-09-19 |
| Monitoring and Evaluation | Satisfactory | 2024-09-19 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-09-19 |
| Procurement | Satisfactory | 2024-09-19 |
| Project Management | Satisfactory | 2024-09-19 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.