Africa Regional Scholarship and Innovation Fund for Applied Sciences, Engineering and Technology (WB-P165581)

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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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
Jul 5, 2018
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
International Centre of Insect Physiology and Ecology
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 15.00 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.
Project Cost (USD)
$ 24.00 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 10, 2018

Disclosed by Bank Oct 31, 2017

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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 objective of the project is to support the enhancement region-wide of the quality and sustainability of doctoral training, research and innovation in applied sciences, engineering and technology (ASET). The Project will build on the established framework of the PASET Regional Scholarship and Innovation Fund (RSIF) to finance scholarships and research and innovation grants in applied sciences, engineering and technology in Africa, which will contribute to raising to international levels the quality of doctoral training, research and innovation in selected African universities in ASET areas. It is envisioned that this Fund will grow to finance activities beyond the duration of the Project and help create the needed nurturing environment for research and development in sub-Saharan Africa.

These objectives will be achieved through activities categorized under three primary components:

  1. Support to the implementation of the Scholarship and Innovation Fund;
    1. Doctoral training in ASET fields in selected African universities.rogram.
    2. Research grants. These grants will support research projects in ASET fields aligned with the needs of the priority sectors, presented by faculty of RSIF host institutions involved in a PhD program with RSIF scholars.
    3. Innovation grants.
  2. Design and operationalization of a Permanent Fund -  This Component will support the design of a Permanent Fund in terms of its statutes, governance, structure and funding strategies, as well as the definition and implementation of the studies necessary for successful implementation and guaranteeing the sustainability of the Permanent Fund.
  3. System strengthening.
    1. This Sub-component will finance the definition of the institutional arrangements to operate RSIF and investigation of gender issues during project preparation
    2. This Sub-component will support the strengthening of the RSIF host universities in the governance of their postgraduate and research programs, including financing the design and implementation of quality assurance, accreditation and benchmarking mechanisms, the required data collection and the design and
      implementation of corresponding information systems
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Total Project Cost - 24m
IDA Grant 15m


Non-World Bank Group Financing
Single Purpose Trust Fund 9m


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.

World Bank:
Javier Botero Alvarez
Lead Education Specialist

Implementing Agency:
International Centre of Insect Physiology and Ecology
Julius Ecuru
Programme Manager BioInnovate Africa Programme
jecuru@icipe.org

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.

How it works

How it works