Multinational - Accelerating sustainable and inclusive industrialization in the EAC (AFDB-P-Z1-KC0-001)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Burundi
  • Congo, Democratic Republic of
  • Kenya
  • Rwanda
  • South Sudan
  • Tanzania
  • Uganda
Geographic location where the impacts of the investment may be experienced.
Specific Location
East African Community (EAC)
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Jan 13, 2025
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
East African Business Council (EABC)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.01 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)
$ 1.01 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 Jun 6, 2025


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

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 goal of this project is to support and facilitate sustainable and inclusive private sector led industrialization in the East African Community (EAC). This will be achieved by supporting improvements of the business and investment climate necessary for the development of priority value chains. The project will strengthen the private sector in the EAC region by addressing competitiveness and production challenges that hinder access to the African Continental Free Trade Area (AfCFTA) which is the target market for the EAC Partner States. The project’s general objective is cluster development for edible oils, leather and textiles value chains through technical assistance and capacity support to raise regional competitiveness while increasing their respective contribution to the sustainable and inclusive industrialization of the EAC region.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environmental Category: [3] Low Risk

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

Finance Type: Standard grant
Commitments (UA): 763,097
Conversion Rate USD (2025-01-13): 1,32661

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

The East African Business Council (EABC) is a regional organization found in 1997 by the private sector associations and corporates from the 7 East African Community (EAC) Partner States (Kenya, Democratic Republic of Congo, Tanzania, Rwanda, Burundi, Uganda and South Sudan), to advocate for a conducive business environment for trade and investment in the region. It is based in Arusha, Tanzania.


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.

Gerald Cornells Ochieng AJUMBO
Trade Facilitation Officer, PITD1
African Development Bank
g.ajumbo@afdb.org
www.afdb.org

How it works

How it works