Additional Financing of the Revitalizing Education Development in Sierra Leone Project (WB-P163161)

Countries
  • Sierra Leone
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
Jun 20, 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 and Economic Development
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)
$ 10.00 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)
$ 10.00 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 Aug 13, 2017

Disclosed by Bank May 1, 2017


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

Project Description
The development objective of the Revitalizing Education Development ins Sierra Leone (REDiSL) Project for Sierra Leone is to improve the learning environment in targeted schools and establish systems for monitoring of education interventions and outcomes—is achieved more fully. The proposed AF will support: (a) scaling up of performance-based school grants; (b) increased technical assistance (TA) to the Teaching Service Commission (TSC) to execute its statutory mandate; (c) implementation of the 2018 Annual School Census (ASC); and (d) associated project management and supervision. Relevant modifications will be made to the Results Framework (RF), component costs, disbursement arrangements and estimates, and implementation schedule. Implementation and financial management (FM) arrangements for performance-based school grants have also been updated. This Project Paper seeks the approval of the Executive Directors to provide an Additional Financing (AF) credit in the amount of SDR 7.3 million (USD 10 million equivalent) from IDA to the Project. The parent project is funded by grants from the Global Partnership for Education (GPE) (in the amount of USD 17.9 million), U.K. Department for International Development (DFID) through the Multi-donor Trust Fund (MDTF) (in the amount of USD 2.46 million),1 and the Ebola Recovery and Reconstruction Trust Fund (ERRTF) (in the amount of USD 0.95 million). The REDiSL Project is currently scheduled to close on December 31, 2017.
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name:Ministry of Finance and Economic Development Contact:Jules Cesaire YAGANZA Title:Directeur du Departement Techniques Industrielles et Exploit Email:legrand_cesar@yahoo.fr Implementing Agencies Name:Ministry of Education, Science and Technology Contact:Jules Cesaire YAGANZA Title:Directeur du Departement Techniques Industrielles et Exploit Email:legrand_cesar@yahoo.fr 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.