Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Congo, Democratic Republic of
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • African Development Bank (AFDB)
Status: Pipeline
Bank Risk Rating: U
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.
Board Decision Date: 2017-03-22
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 or Client: GOUVERNEMENT DE REPUBLIQUE DEMOCRATIQUE DU CONGO MINISTERE DES FINANCES BUDGET
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Agriculture and Forestry
  • Technical Cooperation
Investment Amount (USD): $ 55.62 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported UAC 40 million
Converted using 2016-12-09 exchange rate.
Project Cost (USD): $ 56.73 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Currency conversion note:
Bank reported UAC 40.8 million
Converted using 2016-12-09 exchange rate.

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Primary Source

Original disclosure @ AFDB website
Updated in EWS: 2017-12-01
Disclosure Date: 2016-08-15
PROJET ENTREPRENARIAT JEUNES DAS L'AGRICULTURE ET L'AGRO-BUSINESS (PEJAB)
AFDB-P-CD-AB0-006

Project Description
None
Investment Description
Contact Information
SOW Aminata - RDGC2 ACCOUNTABILITY MECHANISM OF AfDB The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.
Bank Documents