GUINEA BISSAU - Youth and Women Entrepreneurship and SME Development Lusophone Compact Facility Phase 1 (AFDB-P-GW-I00-008)

  • Guinea-Bissau
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
Jul 7, 2023
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 Guinea-Bissau
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Finance
  • Industry and Trade
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)
$ 7.93 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.
Project Cost (USD)
$ 12.71 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.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Aug 14, 2023

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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 the Bank’s website, The Youth and Women Entrepreneurship and SME Development Lusophone Compact Facility project is a phased investment operation designed to boost the private sector development in Guinea-Bissau through youth and women economic empowerment, economic diversification, and to foster job creation. Given the height of challenges the private sector faces across the country, the Government has adopted a phased approach for the project that follows the structure of the Sao Tome and Principe "Zuntamon Lusophone Compact Initiative" project approved by the Board in October 2021. The project will leverage the Lusophone Compact Initiative (LCI) to boost youth entrepreneurship in Guinea-Bissau. The project will target youth and women-owned/led SMEs with 4 to 25 people whose turnover over the previous year does not exceed XOF 150 million24. Those cut-offs are established to avoid that the project benefits only already existing and successful enterprises operating in Guinea-Bissau. However, those cut-offs do not apply to youth and women associations and cooperatives whose members could be included in training and for whom they apply for loans. Through decent jobs creation, the project's interventions will widen opportunities for youth and women, sustain development of the private sector and reduce poverty.

The goal of this Phase I is to enhance business enabling environment, build capacities of strategic institutions for enhanced delivery services to the private sector stakeholders, and improve access to finance for SMEs. For this Phase I, the project interventions focus on entrepreneurship skills development for youth and women, development of growth-oriented and economic viable SMEs, and establishment of a financing facility for SME's access to finance. In the event of Phase II, the fund manager who will be recruited at Phase I to manage the financing facility will have access to the Lusophone Compact Guarantee and the African Guarantee Fund to cover loans to SMEs and expand to scope of beneficiaries.

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

Contact Information
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André Marie TAPTUE


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