50 MILLION AFRICAN WOMEN SPEAK NETWORKING PLATFORM (COMESA) (AFDB-P-Z1-G00-014)

Regions
  • Africa
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
Active
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 15, 2016
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
COMESA Secretariat
The holder of the loan, grant, or other investment.
Sectors
  • Communications
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 5.33 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported UAC 3.82 million
Converted using 2016-07-15 exchange rate.
Project Cost (USD)
$ 5.33 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported UAC 3.82 million
Converted using 2016-07-15 exchange rate.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Nov 22, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
According to bank documents, the goal of this platform is to improve the ability of women entrepreneurs to access finance and find relevant financial and non-financial information that will assist them to grow and sustain their businesses. This project has the following components: Component 1: Support for hosting infrastructure platform * Provisioning of development, staging and production hosting server infrastructure; Interfacing with existing systems and networks; Hosting infrastructure monitoring and support services; Infrastructure R&D services; Continuous optimisation of infrastructure components; platform bandwidth consumption; and Data base infrastructure Component 2: Support for content and related data base platform development * Application and content development of the platform using open source technologies; Development of a mobile platform as the SME-user interface; Development of donor / funder / investor user interface and supporting statistical databases and analytics components; Development of a content platform, for hosting, managing and provision of educational, financial-inclusion and other SME-specific business content; Content syndication, curation, translation and original content development; and development of the statistical
Investment Description
  • African Development Bank (AFDB)
Contact Information
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/.