Democratic Republic of Congo - Private Sector Development and Job Creation Support Project


Project Summary

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
Sector Multi-Sector
DAC Sector Code 32130
Commitment U.A 38,000,000
Status Implementation

Project General Description

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.

Project Objectives

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.

Beneficiaries

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.

Participating Organization

Funding
African Development Fund
Implementing
Ministère du Plan et de la Révolution de la Modernité

Information

IATI identifier 46002-P-CD-KB0-001
Last Update 31 Oct 2019

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Contact Details

Name TOKO Pierre
Email p.toko@afdb.org

Geographic Location

Country Congo, the Democratic Republic of the
Coordinates Location Name
-2.5 23.5 Congo
-6.13603 23.58979 Mbuji-Mayi
0.51528 25.19099 Kisangani
-6.18333 23.51667 Province du Kasaï-Oriental
-5.33333 21.58333 Province du Kasaï-Occidental
-5.89624 22.41659 Kananga
-4.31667 20.58333 Ilebo
-1.67409 29.22845 Goma
-11.66089 27.47938 Lubumbashi
-5.79949 13.44068 Matadi