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

Countries
  • Comoros
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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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
Dec 10, 2019
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.
Borrower
Government of Comoros
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 63.71 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.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Sep 11, 2020

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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 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
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.

*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/ 

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