Multinational - Post Cyclone Idai and Kenneth Emergency Recovery and Resilience Programme (PCIREP) – Mozambique (AFDB-P-Z1-AZ0-014)

Countries
  • Malawi
  • Mozambique
  • Zimbabwe
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
Jun 5, 2019
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
*Borrower information not provided at the time of disclosure*
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
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)
$ 44.34 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 Sep 10, 2020


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Project Description

According to bank documents, the Post Cyclone Idai and Kenneth Emergency Recovery and Resilience Programme (PCIREP) is designed in response to the devastation and destruction caused by these phenomena in Mozambique, Zimbabwe and Malawi. It aims to restore livelihoods, wellbeing and build resilience of the communities in the three affected countries with the emphasis of reaching the furthest behind first. The program proposes solutions to tackle recovery and resilience processes in a medium to long-term perspective through a multi-sectoral and build-back-better approach to infrastructure reconstruction/rehabilitation, restoration of agricultural livelihoods and promotion of resilience to climate shocks, disasters, and extreme weather events. The programme is expected to restore livelihoods and wellbeing of the affected communities and increase access to productive resources through agriculture productivity and resilience and rehabilitation of socioeconomic infrastructure to facilitate integration, connectivity and economic activities in the region. The programme has three components, namely: (i) Enhanced agricultural productivity and resilience, (ii) Sustainable socioeconomic infrastructure and (iii) Institutional strengthening and programme management.

The goal of the programme is to restore and improve sustainable livelihoods of the affected vulnerable groups of the population, enhance disaster risk reduction, early warning preparedness, support inclusive social and economic recovery empowerment, and enhance post recovery adaptive capacity.

Investment Description
  • African Development Bank (AFDB)
Contact Information

TIQUE Cesar Augusto
c.tique@afdb.org 

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/