Djibouti Support for Women and Youth Entrepreneurship (WB-P165558)

Countries
  • Djibouti
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
C
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 8, 2018
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
Republic of Djibouti - Ministry of Economy and Finance, in Charge of Industry
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 15.00 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)
$ 15.00 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 Mar 4, 2018


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Project Description

The objective of the Support for Women and Youth Entrepreneurship Project for Djibouti is to improve economic opportunities for targeted entrepreneurs. The project has three components. 1. Building capacity of women and young entrepreneurs component will improve access to: (i) skills and business development trainings (by scaling and expanding the scope of the existing PROPEJA project), (ii) small-scale financing, and (iii) information and resources for entrepreneurs. 2. Improving access to services, finance, and competitive value chains for women and young entrepreneurs component will improve access to services and finance for women and young entrepreneurs through the improvement and expansion of ecosystem provider capacity, and through the activation of the PCG Fund and reinforcement of the CPEC microfinance network. The component will also provide technical assistance to help identify and develop competitive sectors and value chains and enable enterprises to better meet the needs of these new dynamic sectors. 3. Support for Project Implementation and Monitoring component will finance technical assistance, equipment, training and operating costs for the Center for Leadership and Entrepreneurship (CLE’s) team so that it can operate the following PIU functions: (a) institution building, (ii) project implementation, (iii) project monitoring, and (iv) and evaluation. This component will also support the CLE in the areas of accounting, budget management, procurement, and overall administrative functions.

Investment Description
  • World Bank (WB)
Contact Information
Centre d'Entrepreneuriat et Leadership
Simane Ali Barreh
Project Coordinator
simane_ali@hotmail.fr

ACCOUNTABILITY MECHANISM OF WORLD BANK

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