SUSTAINABLE ENTERPRISE DEVELOPMENT FOR WOMEN AND YOUTH (AFDB-P-ZW-I00-002)

Countries
  • Zimbabwe
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
Oct 27, 2021
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
Government of Zimbabwe
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 3.57 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)
$ 3.93 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 May 6, 2022

Disclosed by Bank Dec 17, 2021

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 bank provided information, the Sustainable Enterprise Development for Women and Youth (SEDWY) is Technical Assistance operation designed to provide specific support to Zimbabwean Women and Youth through the development of infrastructure and technology for the production, processing, storage, transport and marketing of fruits and vegetables, dairy production and processing capacitation of small scale and artisanal miners. Estimated at UA 2.75 million for a 4-year period, the project, will cover selected districts in Zimbabwe will be financed by the ADF (UA2.5 million grant) and Republic of Zimbabwe (UA 0.25 million) in kind. The project will also support the implementation of training, advisory and coaching activities for women and youth cooperatives and SMEs. The project targets women and youth in situations of economic vulnerability defined incomes below the total Consumption Poverty Line for Zimbabwe, which stands at about USD 100 per month.

 


The Project Development Objective is to improve incomes and creation of decent jobs for women and youth in the horticulture, dairy and small-scale mining value chains through capacity development and access to markets. The specific project objectives are to: i) Improve women and youth entrepreneurs’ access to quality business development services and markets in the fruit, vegetable, dairy and artisanal and small-scale mining value chains; ii) Enhance access to demand driven technical and vocational skills to increase employability amongst youth (50% women) in the selected value chains; iii) improve regulation and beneficiation of the artisanal and small -scale mining sector.

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

The project will be financed by the ADF (UA2.5 million grant) and Republic of Zimbabwe (UA 0.25 million) in kind.


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.

Name NG'AMBI John
Email j.ng'ambi@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/ 

How it works

How it works