Multinational - Support to SADC on Sustainable Financing For Regional Infrastructure and Industrial Projects - IPR May 2023

Implementation progress and results report ipr a. report summary and proposed actions report data project name: support to sadc on sustainable financing for regional infrastructure and industrial projects project code: p-z1-ke0-025 country multi -countries sector: infrastructure environmental categorization 3-low es risks and report type: date of report: 25.03.2024 mission: desk supervision 1 from: 23.05.2023 to: 26.05.2023 prepared by task manager: lufeyo banda alternate task manager : division manager : afrika jean guy kiwanuka rdri project data project financing in uac financing sourceinstrument foreign currency local currency totala.d.f. inssupregrant 15,,.00 0.00 15,,.00t o t a l 15,,.00 0.00 15,,.00processing milestones bank approved financing only loan number date approved date signed date of entry into force date effective for first disbursement disbursement deadline 2100155039676 20.05.2019 16.08.2019 16.08.2019 16.08.2019 31.12.2024 loan amount in uac loan number net loan approved uac signed uac cancelled uac net loan uac 2100155039676 1,500,.00 1,500,.00 1,500,.00 0.00 1,500,.00 t o t a l 1,500,.00 1,500,.00 0.00 1,500,.00 disbursment status at supervision date in uac loan number disbursed to date disbursed to date uac disbursed to date undisbursed to date in uac undisbursed to date 2100155039676 1,189,450.86 1,189,450.86 79.30 310,549.14 20.70 t o t a l 1,189,450.86 79.30 310,549.14 20.70 executing and implementation agencies borrower rtaf -sadc dfis sovereign operationguarantor --executing agency rtaf -sadc dfis sovereign operationperformance status progress towards development objective rating on development objective do performance rating summary of key findings current previous two of the five outcome indicators are off -track but with new results expected from the operationalisation of the sadc regional development fund, all outcomes are expected to be achieved by the end of the project satisfactoryimplementation progress rating on implementation progress ip performance rating summary of key findings current previous the overall implementation although initially slow, picked up and almost all activities except for the validation and planning meeting on infrastructure projects. implementation of these two activities is expected to be finalised in q4, 2023. satisfactoryoverall project performance classification overall project performance pp, or n performance rating summary of key findings current previous 9 output indicators out of 12 have been completed and three are on -track despite the delays in the implementation of activities due to covid -19. also, all outputs are expected to be achieved at the end of the project non potentialy problematic projectissues, risks and actions for management consideration issues affecting project implementation key issues corrective actions responsible deadline status piu set up by the ea has little experience in the bank's rules and procedures: bank systems will be used as much as possible and adequate sadcafdb 30.09.2023 in progress agreement of sadc rdf not being ratified by 23 member countries bank to develop a discussion paper which will spell out options to operationalise the sadc rdf afdbsadc 30.09.2023 in progressmain risks and mitigation risks mitigation measures applied or proposed responsible deadline na na na na 30.09.2023 na b. results reporting and assessment progress towards development objective project purpose state the project development objective usually the project purpose as set out in the results -based logframe and assess progress to assist sadc develop and implement instruments and mechanisms for developing and financing regional infrastructure and industrial projects sustainably outcome reporting outcome indicators as per rlf baseline value most recent value end target progress toward endtarget assesment capacity for mobilisation of resources for regional infrastructure industrial projects enhanced financial resources mobilised through the sadc rdf and other financial instruments. mi 0. 0. 100. 0.00 likely to be achieved with correctives actions on track subject to the sadc rdf being operationalisedfinancial resources mobilised from the gcf mi 0. 0. 100. 0.00 likely to be achieved with correctives actions on track subject to the sadc rdf being operationalisedregional vcs in mining developed rvcs in mining sector identified nbr 0. 0. 20. 0.00 likely to be achieved with correctives actions target archivedenhanced sadc capacity to develop number of regional infrastructure projects ready for financial closure nbr 0. 0. 160. 0.00 likely to be achieved with correctives actions target achievedoutcome rating rating on project outcomes performance rating summary of key findings current previous achievement of the two remaining outcomes is subject to the operationalisation of the sadc rdf, which is on track 3output reporting output indicators most recent value annual target end target progress towards annual target progress towards end of project target assessment operationalise sadc regional development fund and develop financial diagnostic note on sadc rdf developed and shared with sadc countries nbr 1. 0.00 1. 0.00 100.00 on track achieved: diagnostic note on sadc rdf developed and results shared with sadc rmcs. implementation plan for sadc rdf developed nbr 1. 0.00 1. 0.00 100.00 on track afdb.rdf developed and results shared with sadc rmcs. number of financial instruments for resource mobilisation developed nbr 0. 0.00 5. 0.00 0.00 on track off-track: more recent results based on bank assistance should show improvement number of green bankable infrastructure projects nbr 8. 0.00 8. 0.00 100.00 on track off-track: however, initial diagnostic study on financial instruments has now been completed. rvcs in the mining sector identified and prepared of rvc projects in copper and cobalt identified nbr 2. 0.00 2. 0.00 100.00 on track achieved: out of expected rvcs of 3, three have been identified of pre -feasibility studies in copper and cobalt vcs conducted nbr 20. 0.00 20. 0.00 100.00 on track achieved: 20 rvcs out of the expected 3 have been identified of ag reement signed by sadc member states on rvcs nbr 0. 0.00 3. 0.00 0.00 not on track off-track: only one rvc has had an agreement on drc -zambia electric value chain sadc capacity in infrastructure and value chain project development improved frameworktool for prioritising regional projects nbr 1. 0.00 1. 0.00 100.00 on track achieved: the framework developed, validated and used to prioritising the project pipeline of priority infrastructure projects nbr 1. 0.00 1. 0.00 100.00 on track achieved: pipeline of 23 regional projects developed number of regional bankable infrastructure projects prepared for financial close and financed through sadc rdf using its innovative financial instruments nbr 8. 0.00 8. 0.00 100.00 on track achieved: 8 regional projects out of the expected 5 have been prioritized for financing aifsadc bankable projects nbr 0. 0.00 2. 0.00 0.00 not on track off-track: more recent results based on bank assistance should lead to projects being show cased at the next aif enhanced capacityskills of member states in project development number of sadc member countries subjected to skills audit nbr 16. 0.00 16. 0.00 100.00 on track achieved: 16 ms have all been subjected to skills gap analysis of official trained from sadc member countries on how to prepare regional projects and access climate funds nbr 100. 0.00 100. 0.00 100.00 on track achieved: 100 officials have been trained against the planned 50 output rating rating on project outputs performance rating summary of key findings current previous 9 out of 14 64 output indicators have been achieved despite the delays in the commencement of activities. also, two remaining outputs are expected to be achieved at the end of the project. 3development objective do rating progress towards development objective rating on development objective do performance rating summary of key findings current previous two of the five outcome indicators are off -track but with new results expected from the operationalisation of the sadc regional development fund, all outcomes are expected to be achieved by the end of the project satisfactoryadditional andor unanticipated outcomesoutputs optional indicator baseline end target most recent value 25.03.2024 -11:41:18 -prd

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