Democratic Republic of Congo - Support Project for Consolidation of the Economic Fabric (PACTE)


Project Summary

Approval Date 30 Mar 2017
Signature Date 23 Jun 2017
Planned Completion Date 31 Dec 2020
Last Disbursement Planned Date 31 Dec 2020
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15110
Commitment U.A 4,190,000
Status Implementation

Project General Description

The support project for consolidation of the economic fabric (PACTE) because the DRC is facing persistent constraints for an increased involvement of private investment in the productive sectors. Indeed, the private sector remains embryonic despite the enormous potential of the country. The combination of PACTE with the support project for private sector development and job creation (PADSP-CE) makes it possible to maximize synergies and consolidate the progress underway. In addition, the project should help to improve the quality of local products and strengthen the value chain. The PACTE comprises three complementary components, namely: (i) capacity-building for the standardization system; (ii) support for female entrepreneurship; and (iii) support for efficient project management.

Project Objectives

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.

Beneficiaries

The direct beneficiaries of the institutional support are: the Ministry of Industry, the Congolese Control Office (OCC), the Faculty of Science and 100 women entrepreneurs mainly involved in processing. The final beneficiaries of the project are the entire DRC population.

Participating Organization

Funding
African Development Fund
Implementing
MINISTERE DU PLAN ET RECONSTRUCTION

Information

IATI identifier 46002-P-CD-KF0-010
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