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 30 Jun 2022
Last Disbursement Planned Date 30 Jun 2021
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 4,190,000
Status Completion

Project General Description

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.

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 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.

Participating Organization

Funding
African Development Fund
Implementing
MINISTERE DU PLAN ET RECONSTRUCTION

Information

IATI identifier 46002-P-CD-KF0-010
Last Update 26 Jan 2023

Export

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 DR Congo
-4.375 15.97 Kinshasa City