Additional Financing: ICT Sector Support in Somalia (Phase 2) (WB-P164441)

  • Africa
Where the impacts of the investment may be experienced.
  • Somalia
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
Bank Risk Rating
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
Nov 15, 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.
Federal Republic of Somalia
The holder of the loan, grant, or other investment.
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 16.00 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 Feb 28, 2019

Disclosed by Bank May 31, 2018

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

Project Description

According WB documents, this project is related to WB Project ICT Sector Support in Somalia Phase II (P152358) which aims to support the ICT Sector in Somalia by contributing to establishing an enabling environment and by encouraging efficiency and equity in access to connectivity. 

Investment Description
  • World Bank (WB)

State and Peacebuilding Fund - $2,000,000.00

Somalia Multi-Partner Fund - $14,000,000.00

Contact Information

Team Leaders:

Timothy John Charles Kelly, World Bank

Axel Rifon Perez, World Bank

No contact information provided at the time of disclosure. 



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