Malawi - Multinational Nacala road corridor development project Phase V (AFDB-P-Z1-DB0-202)

Countries
  • Malawi
  • Mozambique
  • Zambia
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
U
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 19, 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.
Borrower
*Borrower information not provided at the time of disclosure*
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • Transport
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)
$ 36.86 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.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Sep 10, 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 proposed project is Phase V of the on-going Multinational Nacala Road Corridor Development Project in Zambia, Malawi, and Mozambique. This project will therefore complement the economic benefits of the on-going projects along the Nacala Road Corridor. The target area is the entire Nacala Road Corridor from Lusaka in Zambia through Malawi and Mozambique to the Nacala Port. The project falls within the overall vision of SADC and has been endorsed by SADC member states at the highest level of summit. It is in line with the regional integration and development program of SADC, which is guided by the SADC Regional Infrastructure Development Master Plan and the revised Regional Indicative Strategic Development Plan (2015-2020). The project involves rehabilitation of Nsipe-Liwonde Road and construction of an OSBP between Malawi and Mozambique at Chiponde/Mandimba border post. The total cost estimate is UA 45.289 million. The project shall be implemented over a period of 5 years starting in July 2019 and ending in June 2024.

The development objective of the project is to contribute to regional integration and trade facilitation for Malawi, Mozambique, and Zambia. Specifically, the project will contribute to the reduction of transportation costs along the Nacala Road Corridor, which is expected to enhance Malawi's trade competitiveness.

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.

MAKASA Davies Bwalya
d.makasa@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/ 

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