ASSISTANCE TO THE COMESA TO CONDUCT A MARKET ANALYSIS ON A REGIONAL CLOUD ECOSYSTEM # PHASE 1 (AFDB-P-Z1-GB0-037)

Regions
  • Africa
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
Mar 14, 2022
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
COMESA
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Communications
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.56 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 4, 2022

Disclosed by Bank Apr 15, 2022

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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 provided information, the objectives of the project are (1) to undertake market demands analyses in relation with eGov development and digital platforms emergence (for e-commerce purposes, for instance) across the region, (2) to conduct a market study (financial and economic) (with a cost-benefit analysis – ROI/EVA) assessment as well as detailed business plan including some relevant ratios (FNPV, ENPV, FIRR and EIRR) and (3) to assess the digital ecosystem (governance, data protection, regional dispute settlements, PPP environment, etc.) in order to promote cross-border data and financial flows.

This intervention concerns the first phase of the assistance to the COMESA to conduct a market analysis on a regional cloud ecosystem. It will demonstrate the bankability of a regional cloud ecosystem implementation and give rise to a more detailed feasibility study for the underlying investment project. This project will be a multipurpose multinational high-tech facility geared to improve the security and performance of IT tools and services in the North and Southern corridor. It will boost business opportunities in the region through information exchange, development of common e-government and other e -services and indirect job creation helping communities transition into the digital mainstream. Further, it will reduce the cost of doing business and enhance competitiveness through fostering regional connectivity and deepening integration on the continent. The project will aid the continent to achieve UN Sustainable Development Goals by enabling access to 24/7 e services for key sectors such as Trade, Education, Health, economy, Government, Agriculture etc.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

U.A 397,858.8


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.

OMAR ELMI Samatar
s.omarelmi@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/ 

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