SUDAN - Africa Disaster Risk Financing (ADRiFi) Programme (AFDB-P-SD-AA0-008)

Countries
  • Sudan
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
Jul 5, 2021
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 Sudan
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Law and Government
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)
$ 8.56 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 Oct 4, 2021

Disclosed by Bank Oct 3, 2021


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Project Description

According to bank provided information, the overall goal of ADRiFi in Sudan is to enhance the resilience and response to climate shocks in the country by improving the management of climate disaster risks. The Project's specific objectives are: (i) to strengthen the capacity of Sudan to evaluate climate-related risks and costs, and elaborate subsequent adaptation measures at both national and sub-national levels; and (ii) to promote initial financing for disaster risk transfer solutions.

This country-specific operation is under the framework of the multinational Africa Disaster Risk Finance (ADRiFi) Project, which aims at building the resilience of RMCs to climate disasters. The ADRiFi Programme (Sudan) will enhance the resilience and response to climate shocks in Sudan by improving the management of climate disaster risks. This will be done through an integrated approach to managing disasters that will cushion the government from the financial impacts of episodes of drought and foster sovereign risk transfer solution as a tool for enhancing disaster risk management in the country. The project spans over a period of 5 years (2022- 2026), with a total budget of UA 9.13 million co-financed from ADF 15 resources and in-kind contributions by ARC and the Government of Sudan as well as from the ADRiFi MDTF. It will be preceded by preparatory activities in 2021. The primary outcomes of the project will be enhanced government preparedness to respond to drought shocks when they occur and more resilient rural communities from drought. It is planned that in the very near future the project will also integrate flood insurance when the product is available from the African Risk Capacity (ARC).

Investment Description

Contact Information

Name NARTEY Cecil
Email c.nartey@afdb.org 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. 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 https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process 

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/