DRC - Urban Development Project Additional Financing (WB-P157114)

Countries
  • Congo, Democratic Republic of
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
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
B
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
May 4, 2017
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
MINISTRY OF FINANCE
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 90.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 90.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 18, 2017

Disclosed by Bank Feb 1, 2017


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Project Description
The objective of the Additional Financing for the Urban Development Project for Congo, Democratic Republic of is to improve access to basic services and strengthen urban and municipal management of the targeted cities. The additional credit will scale up the existing project, broaden its scope to include additional cities, and increase outcomes, including financing the costs associated with consolidating and strengthening the results of the UDP in the six current project cities, as well as (i) expanding the geographic reach of the project by adding three more project cities for a total of nine; (ii) revising the results framework to incorporate results from the additional financing (AF), with more expected beneficiaries and more cities implementing improved urban management practices; (iii) revising and simplifying the city performance evaluation mechanism to incorporate lessons learned and recommendations from the midterm review (as planned at appraisal); and (iv) strengthening the project implementation unit in the Ministry of Urban Planning and Housing, staffed by civil servants, by more closely involving representatives from other concerned ministries in project activities and providing targeted technical assistance. The parent project name is DRC Urban Development Project FY13 (P129713)
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name:Ministry of Finance Contact:Jules Cesaire Yaganza Title:Director Email:legrand_cesar@yahoo.fr Implementing Agencies Name:Ministry of Finance Contact:Honore Tshiyoyo Title:Coordinator Email:minfinrdc@micronet.cd ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.