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
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
Jul 5, 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
International Centre of Insect Physiology and Ecology
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 Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
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)
$ 24.00 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 10, 2018

Disclosed by Bank Oct 31, 2017


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Project 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
  • World Bank (WB)

Total Project Cost - 24m
IDA Grant 15m


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

Contact Information

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.