BOTSWANA - Economic Recovery Support Program – Phase II (ERSP II (AFDB-P-BW-K00-005)

  • Botswana
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 30, 2022
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Government of Botswana
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 183.25 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 8, 2023

Disclosed by Bank Dec 9, 2022

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, remaining consistent with the original program approved by the Board of Directors on 8 September 2021, the goal of ERSP II is to support resilience and post-COVID 19 pandemic inclusive economic recovery through improved governance and real sector structural reforms. The three components continue to be: Component 1: Improving Fiscal Efficiency and Sustainability; Component 2: Supporting Private sector-led Agriculture, and Industrial Sector Transformation; and Component 3: Enhancing Resilience and Social Inclusion.

The key outputs of the Program are (i) Efficiency of public spending improved (PFM Bill approved; Public Procurement Regulatory Authority established); (ii) Domestic resource mobilization enhanced (Tax Administration Bill approved); Income Tax (Amendment) Bill approved; cost recovery measures adopted);(iii) Climate-smart agriculture sector productivity and value addition, and job creation enhanced (Revised National Policy on Agriculture Development and Transformation approved); Meat Industry Regulatory Authority Bill approved; Industrialization framework strengthened (Cabinet approval to establish a research fund); Enabling environment for private investment improved Secured Transactions on Movable Property Bill approved; PPP Regulations approved; Revised electricity grid code and licensing framework approved); MSME development framework and capacity strengthened (Technical Vocational Education and Training Policy approved; National Productivity Blueprint approved by Cabinet); Social protection and gender mainstreaming enhanced (Retirement Fund Bill approved; single social registry fully rolled out; Gender Equity Bill approved).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Name: KOMA Baboucarr



You can submit an information request for project information at: Under the AfDBÕs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at 


The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing,,, and/or You can learn more about the IRM and how to file a complaint at: 

How it works

How it works