Original disclosure @ AFDB website
Updated in EWS Jun 5, 2025
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According to the Bank’s website, the overall purpose of the project is to strengthen the capacity of the Federal Ministry of Finance for effective coordination and oversight of Bank investment and policy-based operations to achieve greater development impact. Thus, the project will support three objectives as follows: (i) strengthen IERD's capacity through training, and establishment of digital based financing and project monitoring platforms to inform coordination across implementing States, Government Ministries, Departments, and Agencies (MDAs) and Development Partners (DPs) for lending operations; (ii) strengthen the coordination and oversight capacity of the IERD to eliminate start-up delays of newly approved projects, as well as implementation bottlenecks to enhance disbursement; and (iii) strengthen IERD capacity to mobilize donor resources and leverage partnerships between the Bank and other Development Partners (DPs). These objectives will enhance lending readiness; and the implementation of recommendations set out in the Country Portfolio Improvement Plan (CPIP), with a focus on improving the quality of the RDNG Portfolio.
The expected outputs are as follows (i) IERD capacity built; and (ii) IERD oversight for Bank projects and Development Partner coordination harmonization strengthened.
These outputs are expected to lead to the following outcomes (i) reduced proportion of operations flagged for implementation challenges; (ii) increased proportion of audit reports submitted within 6 months after end of the financial year; (iii) increased average disbursement ratio of ongoing public sector portfolio; (iv) increased proportion of projects in year-1 of the Indicative Operating Program (IOP) validated with financial requests; and increased proportion of projects in annual Lending Program with Environmental and Social Safeguards Disclosure requirements met by end previous year.
Environmental Category: [3] Low Risk
Finance Type: Standard grant
Commitments (UA): 282,609
Conversion Rate USD (2025-01-20): 1,32661
Rosemond OFFEI-AWUKU
Dev. Econ./Migration Officer JfYA, AHHD
African Development Bank
r.offei-awuku@afdb.org
www.afdb.org