|Approval Date||30 Mar 2017|
|Signature Date||23 Jun 2017|
|Planned Completion Date||30 Jun 2022|
|Last Disbursement Planned Date||30 Jun 2021|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The proposed intervention relates to the award of a grant of UA 1,766 million and a loan of UA 2,424 million on ADF13 resources to the Democratic Republic of Congo (DRC) to finance the Support Project for Consolidation of the Economic Fabric (PACTE). This is institutional support that will be implemented during the 2017-2020 period, aimed at accelerating the industrialization process and, consequently, the economic development of the country by consolidating the standardization system and supporting women's entrepreneurship, particularly in product processing for sustained growth. PACTE has adopted a transformative approach, and combined with Support Project for Private Sector Development and Job Creation (PADSP-CE) and other Government actions, is likely to strengthen the virtuous dynamics of wealth creation and consolidation of the economic fabric. Indeed, the project will help to improve the quality of local products and strengthen the value chain. It comprises three complementary components. The first component will strengthen standardization system capacity, which is crucial to industrial development and the structuring of supply to the economy. The second component will support women's entrepreneurship mainly in product processing. Lastly, the third component will guarantee efficient project implementation.
The overall goal of the project is to promote the industrialization process of the country by consolidating the standardization system and supporting women's entrepreneurship. Its specific objective is to build on the current achievements of PSDPS-CE, promote the emergence of SMEs/SMIs, and support female entrepreneurship by promoting micro-businesses run by women, particularly in product processing.
The project area covers the entire national territory. The direct beneficiaries of the institutional support are: the Ministry of Industry, the Congolese Control Office (OCC), the Faculty of Sciences and 100 women entrepreneurs mainly involved in processing. The final beneficiaries of the project are the entire population of the country. The population’s living conditions will be improved as a result of sustainable growth driven by accelerated the country’s industrialization which will create sustainable jobs in the private sector.
African Development Fund
MINISTERE DU PLAN ET RECONSTRUCTION
|Last Update||26 Jan 2023|
|Country||Congo, the Democratic Republic of the|
|-2.5 23.5||DR Congo|
|-4.375 15.97||Kinshasa City|