|Approval Date||03 Jun 2015|
|Signature Date||05 Aug 2015|
|Planned Completion Date||30 Jun 2020|
|Last Disbursement Planned Date||30 Jun 2020|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||32130|
The private sector development and job creation support project is initiated because of the challenge of translating the Democratic Republic of Congo's recent economic performance into opportunities. This project should permit private sector development, sustainable job creation, improvement of youth employability and economic empowerment for women. It's an integrated and growth-generating initiative which, combined with other actions of the Government, could create a virtuous dynamics and act on the main drivers of inclusive growth. The project has the following three complementary components: (i) consolidate the business climate and the institutions which promote and support the private sector; (ii) encourage private sector development to foster sustained growth that generates sustainable jobs; and (iii) support efficient management of the project.
The project’s overall objective is to to promote private sector development and entrepreneurship for inclusive growth that will generate sustainable jobs. The project’s specific objective is to foster the emergence of SME/SMIs, youth employability and the economic empowerment of women by promoting very small enterprises managed by women.
The direct beneficiaries are Steering Committee for Improvement of the Business Climate and Investments (CPCAI), One-Stop-Shop for Business Registration (GUCE), National Investment Promotion Agency (ANAPI), Congolese Small and Medium-sized Enterprise Promotion Agency (OPEC), National Vocational Preparedness Institute (INPP), the Polytechnic Faculty of Lubumbashi, National Employment Agency (ONEM), the Ministry of Industry, Ministry of SMEs, Job Creation and Income Generation Framework Programme (PROCER) and the pilot-incubator-nursery initiative under Federation of Enterprises of Congo (FEC). The indirect beneficiaries are private sector operators and the end beneficiaries are the entire population of the country.
African Development Fund
Ministère du Plan et de la Révolution de la Modernité
|Last Update||12 Jul 2020|
|Country||Congo, the Democratic Republic of the|
|-6.18333 23.51667||Province du Kasaï-Oriental|
|-5.33333 21.58333||Province du Kasaï-Occidental|