Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Zambia
Regions:
Where the impacts of the investment may be experienced.
  • Africa
Location: LOBITO CORRIDOR
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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: Approved
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: 2017-12-04
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: Government of Zambia
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Finance

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Primary Source

Original disclosure @ AFDB website
Updated in EWS: 2018-01-16
Disclosure Date: 2018-01-11
LOBITO CORRIDOR TRADE FACILITATION PROJECT
AFDB-P-Z1-KF0-027

Project Description
The Project The proposed project will comprise three components, as follows:- 1) Capacity Building for Trade Facilitation and Corridor Development: - This component will facilitate the development of trade facilitation instruments along the Lobito Corridor, build institutional capacity among Corridor States for coordinated planning of corridor development and promote dialogue on among key stakeholders. 2) Technical Assistance for Value Chains and Economic Clusters Development: This Component will focus on supporting value chains in Agri-business and construction sub-sectors through deployment of technical assistance (TA) to provide a range of capacity building initiatives, strengthening of stakeholder dialogue and promotion of business linkages.
Investment Description
Contact Information
DUBE Memory (No further contact details provided at the time of disclosure) 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/.