| Approval Date | 16 Dec 2011 |
| Signature Date | 15 Mar 2012 |
| Planned Completion Date | 31 Mar 2019 |
| Last Disbursement Planned Date | 31 Mar 2019 |
| Sovereign / Non-Sovereign | Sovereign |
| Sector | Social |
| DAC Sector Code | 11330 |
| Commitment | U.A 9,998,630.98 |
| Status | Completion |
The Competitiveness and Job Creation Support Project is a standalone operation designed to strengthen the partnership between the public and private sectors. It involves the public sector and private sector working together to improve the private sector's competitiveness in order to promote broad-based economic growth and development, export diversification and job creation. The public sector provides incentives to private sector operators to develop innovative approaches to improve the inclusiveness of growth and competitiveness in the private sector. This project will contribute to the reduction of poverty and vulnerability to socioeconomic shocks in Malawi. Its total cost is UA 11.18 million over a five-year period.
The strategic outcomes of the project include: (a) increased private credit by commercial banks from 8.9% in 2009 to 12% in 2016, to address the most important binding constraint to Micro, Small and Medium-sized Enterprises (MSMEs) development in Malawi; (b) increased export diversification with an increased percentage of non-traditional exports in total exports from 10.7% in 2009 to 14% in 2016, and a reduced reliance on the key export crop, tobacco; and (c) promoting MSME development and private sector job creation growth by 2,000 jobs (including 50% for women and 25% for youth), and an increase of 15% of the 20,000 existing pulse farmers' income in target areas (including 50% for women and 25% for youth by 2016).
The project's primary target beneficiaries are operators of Micro, Small and Medium-sized Enterprises (MSMEs) and small-holder farmers in the soya and pigeon pea subsectors. For greater focus and impact in the development of the selected value chains, the project will target about 75.000 (50% women) farmers in the 10 soya bean and pigeon pea growing districts of Mzimba, Kasungu, Ntchisi, Dowa, Lilongwe Rural, Dedza, Zomba Rural, Chiradzulu, Thyolo and Mulanje. At the MSME level, at least 160 businesses will benefit from various forms of support including business-to business linkages, access to finance and mentoring, and counselling services. The criteria for selecting beneficiary MSMEs will include innovation, growth and job-creation potential, track record, gender balance and geographic spread.
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Funding
African Development Fund
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Implementing
Ministry of Industry and Trade
|
| IATI identifier | 46002-P-MW-IE0-004 |
| Last Update | 30 Sep 2020 |
| Name | BESONG Raymond Eyoh |
| r.besong@afdb.org |
| Country | Malawi |
| Coordinates | Location Name |
|---|---|
| -15.4301 35.4183 | zomba District |
| -13.2957 33.908 | Ntchisi District |
| -11.8543 33.6078 | Mzimba District |
| -15.9344 35.4999 | Mulanje District |
| -14.0196 33.6841 | Lilongwe District |
| -13 33.4167 | Kasungu District |
| -13.601 33.8238 | Dowa District |
| -14.2627 34.1856 | Dedza District |
| -16.1058 35.1506 | Thyolo District |
| -15.7527 35.2158 | Chiradzulu District |