Mauritania Third DPO 2021 (WB-P171585)

Countries
  • Mauritania
Geographic location 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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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."
Borrower
Government of Mauritania
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Communications
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 30.00 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)
$ 30.00 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Jun 15, 2022

Disclosed by Bank Aug 27, 2021

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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.

According to bank documents, the proposed Program Objectives are to (i) improve the business environment and strengthen financial inclusion; (ii) improve access and affordability of digital broadband services, (iii) strengthen the institutional framework for climate resilience and (iv) improve the quality and access to basic education and vocational training. It is the third in a programmatic series of three single-tranche DPF operations. The first operation (DPF1) was approved by the Board on July 24, 2019 and the second on July 22, 2021. The financing of this operation consists of an International
Development Association - IDA credit in the amount of US$30 million.

The proposed operation is structured around three pillars.

Pillar 1 supports reforms to improve the business environment for SMEs and strengthen financial inclusion by strengthening SME’s access to an efficient and transparent commercial justice system and to finance, including through a legal framework enabling secured transactions and the use of digital payment services.

Pillar 2 supports reforms to accelerate the development of digital broadband services that are accessible, affordable, and of good quality. The objective is to lower costs and increase quality and access to ICT services. Proposed reforms include opening the internet wholesale and retail markets to competition and promoting access to dominant operators’ essential infrastructure.

Pillar 3 supports reforms to improve the quality of basic education and vocational training and promote climate resilience. The operation supports reforms to increase the autonomy of schools and teachers’ competences, boost the relevance of vocational training and align it with labor market demands, and establish an institutional and financing framework to efficiently respond to food insecurity and climate-related shocks.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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:
Urbain Thierry Yogo, Cristina Navarrete Moreno, Felix Oppong
Senior Economist

Borrower:
MINISTRY OF ECONOMIC AFFAIRS AND PROMOTION OF PRODUCTIVE SECTORS
Mohamed Salem Nany
DG International Cooperation
msalemnany@gmail.com

Implementing Agency:
Ministry of Finance
Moktar Salem El Mouna
Director of Treasury
elmouna.mo@gmail.com 

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission 

ACCOUNTABILITY MECHANISM OF THE 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. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint 

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