Comoros - Road Network Rehabilitation Project - Rehabilitation of RN2 (Moroni – Foumbouni): Moroni - Ouroveni Section (AFDB-P-KM-DB0-004)

Countries
  • Comoros
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
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 10, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Comoros
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 63.71 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Sep 11, 2020


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

Project Description

According to bank documents, this additional funding aims to support the Road Network Rehabilitation Project. This Project is designed because of the poor quality of infrastructure, especially road infrastructure, and related services is one of the major constraints on economic diversification in the Comoros. Indeed, economic activities in the country focus mainly on agricultural and tertiary sectors. The improvement of the national road network and, to a lesser extent, its extension, should contribute to the development of the tourism and fisheries sectors which have been identified as another potential growth pole for the national economy. By helping to improve the quality of services and reduce the cost of transport, this project will facilitate equitable access by the project area population to reliable road transport and basic social infrastructure. The project will also improve their incomes by helping to increase and develop production that would stem from trade facilitation. Similarly, the structures were designed to address and prevent the effects of climate change. The project will be implemented from December 2016 to December 2020. The components of this project are: (A) road works, comprising: (i) the rehabilitation of 47 km of road; (ii) protection against sea erosion; and (iv) raising the population's awareness; (B) support measures for women's empowerment; (C) institution building, using procurement and institutional reform specialists; and (D) support for project management and monitoring.

The project's sector goal is to improve the quality of road infrastructure in order to boost trade. Specifically, the project aims to improve: (i) the movement of goods and people; (ii) the service level; and (iii) access to basic services and the living conditions of the population of the project impact area.

Investment Description
  • African Development Bank (AFDB)
Contact Information

*Contact information not provided at the time of disclosure*

ACCOUNTABILITY MECHANISM OF AfDB

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 crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/