Multinational - Institutional Support for Digital Payments and e-Commerce Policies for Cross-Border Trade (IDECT)


Project Summary

Approval Date 14 Dec 2021
Signature Date 25 Jan 2022
Planned Completion Date 31 Dec 2024
Sovereign / Non-Sovereign Sovereign
Sector Communications
DAC Sector Code 22013
Environmental Category 3
Commitment U.A 1,145,197
Status Implementation

Project General Description

The proposed project is an institutional Support for Digital Payments and e-Commerce Policies for Cross-border Trade (IDECT). It will be financed with an ADF-15 Regional Public Good grant and the Executing Agency is the Smart Africa Secretariat. This project proposes to address key policy gaps to unlock cross-border digital payments that have the potential to drive the growth of the African e-commerce market and accelerate intra-Africa trade. This is a project aimed at strengthening institutional capacity and promoting sound policies to support the growth of the digital payments and e-Commerce ecosystem. The funds will be invested in identifying gaps in the ecosystem (primarily related to cross-border activities), offering practical training/ capacity building programs, and establishing policy dialogue platforms to address identified gaps. The total estimated cost of the project is UA 1.28 million comprising UA 1.15 million ADF grant financing to Smart Africa Alliance, and UA 0.13 million in-kind contribution from SAS. The timeframe for the implementation is 3 years, starting 13 December 2021 and ending 31 December 2024.

Project Objectives

The Project’s main development objective is to strengthen the enabling environment for digital trade across Africa by developing robust/ harmonized e-payment ecosystem policies. The specific objectives are: i) Develop a gender responsive policy framework to facilitate cross-border trade through harmonized e-Payment systems; ii) Promote dialogue across e-payments stakeholders to increase public-private participation/projects that enhance e-payment ecosystem, and iii) Support targeted countries to develop action plans to enable e-Payments for the facilitation of inclusive digital trade.

Beneficiaries

The targeted countries are restricted to those that are eligible for ADF financing. Target countries for the Gap Analysis study: Côte d’Ivoire, Benin, Ghana, Liberia, Uganda, South Sudan, Zimbabwe, DRC, Sao Tome and Principe, Congo. Key stakeholders: Government, Regulatory bodies, SMEs (with a focus on women and youth) and Private sector operators. The direct beneficiaries of the Project will be selected based on a transparent selection criteria and publicly accessible online campaign/invitations to join webinar/ training workshops.

Participating Organization

Funding
African Development Fund
Implementing
Smart Africa Alliance

Information

IATI identifier 46002-P-Z1-G00-018
Last Update 03 Dec 2022

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Contact Details

Name EDOSIO Uyoyo
Email u.edosio@afdb.org

Geographic Location

Country Multinational
Coordinates Location Name
5.30966 -4.01266 Abidjan
-17.82772 31.05337 Harare
-4.375 15.97 Kinshasa City
6.30054 -10.7969 Monrovia
0.31628 32.5822 Kampala
4.85165 31.5825 Juba
-4.26613 15.28318 Brazzaville
6.36736 2.4225 Cotonou
5.75 0 Greater Accra Region