|Approval Date||24 Nov 2017|
|Signature Date||29 Nov 2017|
|Planned Completion Date||30 Jun 2020|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||11232|
The Skills and Business Development Programme (SBDP) is a three-year Policy Based Operation. The programme cost is UA 60 million to be disbursed in three tranches in fiscal year 2017/18 to 2019/20 based on disbursement triggers agreed with the Government of Rwanda (GoR) in consultation with Development Partners (DPs). The SBDP follows successful implementation of SEEP I, II and III, which focused on building critical mass of TVET skills and creation of new start-up businesses. Specifically, SBDP will support policy reforms for boosting domestic production through skills development and enterprises growth for job creation and economic transformation. SBDP also support reforms to enhance efficiency of cooperatives. In line with aid harmonization, the programme was developed with the GoR and in consultation with DPs including Germany (including KfW and GIZ), DfID, World Bank, EU, Sweden, JICA, Swiss Cooperation, US, TMEA and MasterCard Foundation.
The overarching goal of programme is to promote inclusive growth and poverty reduction. The purpose of SBDP is to support reforms to boost domestic production through skills development and enterprise growth for job creation. The programme expected outcomes are: (i) enhanced enterprise development and (ii) increased domestic production to reduce imports and increase exports.
The programme targets SMEs and Cooperatives in order to enhance their capacities. With the value chain approach promoted under Made in Rwanda (MIR), many people will participate in, and benefit from, the entire value chain. Members of cooperatives and SMEs owners will also benefit from the SBDP through improved skills and capacities in the governance, financial management, marketing, quality and standards. Cooperatives membership is estimated at 3,448,776 (July 2017) and employs about 18,700 people while SMEs employed about 100,000 people in 2014 (ES 2014). The population will benefit from consumer awareness campaigns on quality and standards. Given the expected positive impact of reforms in improving the efficiency of cooperatives and enhancing the growth of SMEs, the entire population of Rwanda will indirectly benefit from the programme.
African Development Fund
Ministry of Finance and Economic Planning (MINECOFIN)
|Last Update||18 Feb 2020|