Africa Centers of Excellence for Innovation and Economic Growth (WB-P513636)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Gambia
  • Guinea
  • Ivory Coast
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
B
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
Nov 17, 2026
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
Governments of Ivory Coast, Guinea and Gambia - Association of African Universities
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Education and Health
  • Energy
  • Industry and Trade
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Loan Amount (USD)
$ 141.00 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.
Grant Amount (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.
Project Cost (USD)
$ 188.20 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 Sep 6, 2026

Disclosed by Bank Feb 4, 2026


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

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 the Bank’s website, the objective of this project is to increase the quality and quantity of skilled graduates for jobs and to foster innovation in priority sectors.

West and Central Africa faces a persistent skills gap, where high graduate unemployment coexists with employer demand for qualified technical and professional talent. ACE Innovate responds to this by channeling investment into five priority sectors selected for their potential to create more and better jobs: agribusiness, energy and infrastructure, health care, manufacturing, including mineral value chains, and tourism, with digital technologies serving as a cross-cutting enabler and, where relevant, a sector in its own right. In these sectors, the region's universities, polytechnics, and Technical and Vocational Education and Training (TVET) institutions have historically struggled to produce graduates whose skills match what employers need, and applied research has rarely translated into practical innovation or technology transfer at scale.

Activities are organized into four components:
- Component 1 supports ACEs through competitive grants focused on innovation and labor market relevance: curriculum redesign in priority sectors; postgraduate enrollment (master's, PhD, bachelors, and short-term professional courses); challenge-driven research oriented toward real-world industry problems; technology transfer and commercialization of research outputs; entrepreneurship support and business incubation; faculty development and accreditation; upskilling and reskilling through professional short-courses; and workplace-focused learning and industry internships. Limited civil works, capped at 25 percent of center-level funding and confined to existing university footprints, may be supported to upgrade laboratories, workshops, and research facilities. These construction activities will be screened for environmental and social risks, with particular attention to occupational health and safety of workers and potential impacts on surrounding communities.
- Component 2 strengthens selected TVET and polytechnic institutions as RFTIs, paired with their respective ACEs in the same sector. Supported activities include enrollment, industry-aligned curriculum design, practical training facilities and industry-standard equipment, faculty development informed by industry practice, and reskilling and upskilling programs for workers and out-of-school youth. Equipment procurement and limited construction within existing TVET footprints are anticipated and will similarly be subject to environmental and social screening. Both ACE-RFTI pairs are governed by shared Sector Engagement Panels with at least 50 percent private sector representation, ensuring demand-driven curricula.
- Component 3 fosters regional collaboration through support sector-specific technical networks, a regional learning and benchmarking agenda, joint programs, collaborative research, and structured cross-border faculty and student exchanges.
- Component 4 covers project management, coordination, and monitoring and evaluation, with the Association of African Universities (AAU) serving as Regional Facilitation Unit, supported by national-level Project Implementation Units in each participating country. A portion of disbursements are tied to performance-based conditions rewarding achievements in areas like enrollment, research outputs and innovation, and external revenue generation.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The environmental and social risk rating is assessed as moderate, as the project does not involve activities that have a high potential for harming people or the environment, is located away from environmentally or socially sensitive areas, and risks are predictable, site-specific and low in magnitude. The project will be implemented in existing universities campuses and will not impact natural habitats, forests, protected areas, high-biodiversity or critical habitats. Key risks include those associated with minor civil works for the renovation works, such as occupational and community health and safety risks (noise, vibration, labor and traffic accidents, etc.), electronic waste generation, efficient use of resources, the potential for elite capture or exclusion of vulnerable and disadvantaged groups from project benefits and the rise of grievances and discontent from non-project beneficiaries.

 

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

Total Project Cost: US$ 188.20 million
IDA Credit: US$ 141.00 million
IDA Grant: US$ 24.00 million


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.

CONTACT POINT - World Bank

Task Team Leader: Xiaonan Cao
Title: Senior Education Specialist
Email: xcao@worldbank.org

TTL Contact: Jason Allen Weaver
Job Title: Senior Economist
Email: jweaver2@worldbank.org

TTL Contact: Namrata Raman Tognatta
Job Title: Senior Education Specialist
Email: ntognatta@worldbank.org

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

How it works

How it works