TANZANIA - Economic Competitiveness and Social Inclusion Programme (ECSIP) - Phase I (AFDB-P-TZ-K00-018)

Countries
  • Tanzania
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
C
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
Jun 7, 2023
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 Tanzania
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 106.74 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.
Project Cost (USD)
$ 912.50 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 Jul 20, 2023


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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 the Bank’s website, the proposed operation is an ADB loan to the United Republic of Tanzania of US$107.8 million to finance the Economic Competitiveness and Social Inclusion Programme (ECSIP). ECSIP aims to support Tanzania's post-COVID-19 economic recovery, which is threatened by spillovers from the impacts of Russia's invasion of Ukraine on energy and food prices. It is the first in a 2-year programmatic series, for the fiscal years 2022/23 and 2023/24. The proposed ECSIP deepens reforms that were introduced through Tanzania's COVID-19 Crisis Response Budget Support Program (2020-2021), and previous Bank financed Good Governance and Private Sector Development Programme Phases I and II (2018-2020). The programme is organised under three components which are complementary and mutually reinforcing: (i) Attaining Fiscal Sustainability; (ii) Private Sector Competitiveness and Climate smart Industrial Development Strengthened; (iii) Enhancing Socio-economic Inclusion. Eventually, the reforms envisaged under this operation will lead to a more efficient and sustainable use of fiscal resources and will create a more conducive climate for entrepreneurs to operate job creating, and value-adding enterprises. This operation builds on the Bank's vast experience in supporting budget support operations in Tanzania in the areas of private sector development, and broader issues of economic competitiveness.

The overarching development objective of the programme is to promote green and resilient recovery by fostering improved economic governance, industrial competitiveness, and reinforcing social inclusion. ECSIP will support GoT to maintain macroeconomic stability to promote economic growth while pursuing reforms that will enhance domestic revenue mobilization, strengthen PFM systems, deepen industrial development (including green practices) and enhance business competitiveness. The programme is also conceived to benefit vulnerable youth and women through reforms that will reinforce the country's socio-economic frameworks.

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.

Eline OKUDZETO

e.okudzeto@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/

How it works

How it works