INSTITUTIONAL SUPPORT FOR STATE ENTERPRISES REFORMS AND DELIVERY PROJECT (ISERDP) (AFDB-P-ZW-KF0-008)

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
Jan 24, 2017
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 MINISTRY OF FINANCE & ECON DEVELOPMENT
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 4.16 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.
Currency conversion note:
Bank reported UAC 3.00 million
Converted using 2017-01-24 exchange rate.
Project Cost (USD)
$ 4.16 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.
Currency conversion note:
Bank reported UAC 3.00 million
Converted using 2017-01-24 exchange rate.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jul 3, 2017

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.
The development objective of the proposed project is to support Government to strengthen the result based management system focusing on planning and budgeting and results monitoring. The project has two components: (i) Strengthened Result Based Management System; and (ii) Reviewed State Enterprise and Parastatals Performance. The activities are summarized in Table I below and details in Annex I and Annex VI. Table 1: Project Description Governance and Institutional Strengthening Project II (GISP II) UA 3.0 million Component 1: Strengthened Result Based Management System (UA 1.25 million) Objective: Strengthen accountability, transparency, oversight, management for results in national development agenda and improve service delivery. The project will cover training, ICT equipment and technical assistance. Key activities will include: -Technical assistance to develop an a integrated national planning and annual budgeting process legal framework -Training for facilitation of a participatory planning and budgeting process -Training on evidence-based planning and budgeting -Training on macroeconomic planning and resource allocation -Training on designing realistic expected results for development -Technical assistance to review the ZimASSET with a view to improve indicators and targets for results monitoring -Training on linkages between national policies and priorities with budgeting -Technical assistance to develop M&E system for results monitoring -Technical assistance to develop RBM oProvision of ICT equipment for M&E Component 2: Reviewed State Enterprise and Parastatals Performance (UA1.25 million) Objective: Improve efficiency, effectiveness and operations of the State Enterprises and Parastatals. Project will support training, ICT equipment and technical assistance. Key activities will include: -Technical assistance to review a select number of parastatals' relevance to current conditions -Technical assistance to undertake performance audit for a select number of parastatals -Technical assistance to review the proposed turn-around strategies for the selected parastatals -Capacity building for SERA and selected parastatals -Training on Corporate Governance implementation -Provision of ICT equipment for selected SEPs and SERA -Training on M&E framework development oTechnical assistance to develop a SEPs reform framework Component 3: Coordination and Institutional Support to the Implementing Agency UA0.5 million This will finance monitoring and evaluation activities, staff training, audit, and operational activities of the Project Management Unit (PMU).
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.
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