Somalia - Strengthening Institution for Economic Policy Management and Infrastructure Development Project (SIEPMID) (AFDB-P-SO-K00-002)

  • Somalia
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
Mar 25, 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.
Government of Somalia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Finance
  • Law and Government
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)
$ 4.19 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 Sep 8, 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, the overall objective of the project is to enhance institutional capabilities in economic planning to anchor government's formulation, implementation and coordination of macro-economic and fiscal policies; data quality and reporting; and technical skills development that is critical for the reconstruction and development phases of the Somali economy.

The Strengthening Institution for Economic Policy Management and Infrastructure Development Project (SIEPMID) aims to improve financial and economic governance in Somalia. The project also supports infrastructure rehabilitation by ensuring that all civil works are underpinned by technical feasibility studies and sound analysis. It includes the following three components: (i) Institutional Capacity Strengthening for Improved Economic Policy Analysis, Implementation and Coordination. This component focuses on establishing, staffing and equipping the Economic Strategy Unit (ESU) under the Minister of Finance. Six (6) subject matter experts (economists, financial analyst, fiscal analyst, expenditure management and intergovernmental affairs) will be recruited under the project. The proposed ESU's main activities will be to provide expert advice to the Minister of Finance, enhance coordination between finance and planning functions, and coordinate implementation of the various actions across government ministries and agencies required for meeting the benchmarks under the Staff Monitored Programs. (ii) Enhancing Skills for Infrastructure Development. The component focuses on building Somalia's expertise in upstream studies needed for the implementation of infrastructure projects, including the corridors program. This work will draw from and build on the findings of the Transport Sector Needs Assessments (TSNA) for Somalia, which was commissioned and sponsored by the Bank. These upstream studies will focus on targeted rehabilitation works for: Belet Weyne-Galkayo-Garowe road (including the link between Belet Weyn and Ferfer (Somalia/Ethiopia border)); Luuq, Ganane-Dolow road, and; Galkayo-Hobyo road. (iii) Project Management: This component entails monitoring and evaluation activities, external audit and Project management activities.

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*


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,,, and/or You can learn more about the IRM and how to file a complaint at

How it works

How it works