The World Bank Implementation Status & Results Report Support to Enterprise Development and Competitiveness Project (P161590) Support to Enterprise Development and Competitiveness Project (P161590) AFRICA | Congo, Republic of | Finance, Competitiveness and Innovation Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 4 | ARCHIVED on 27-Jan-2020 | ISR40283 | Implementing Agencies: Republic of Congo, Ministry of Plan, Statistics and Regional Integration Key Dates Key Project Dates Bank Approval Date: 30-May-2018 Effectiveness Date: 20-May-2019 Planned Mid Term Review Date: 12-Jan-2021 Actual Mid-Term Review Date: Original Closing Date: 30-May-2023 Revised Closing Date: 30-May-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Project is to foster MSME competitiveness in the targeted sectors and targeted geographic areas of the Republic of Congo's territory. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Regulatory and institutional support to strenghten the enabling environment for private sector development:(Cost $10000000.00 M) Direct support to MSMEs to enhance the development and competitiveness of selected value chains:(Cost $12000000.00 M) Project implementation and coordination:(Cost $3000000.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating High High Implementation Status and Key Decisions Following Board Approval on May 30, 2018, the project was signed on June 21, 2018. In February and March 2019 both houses of Parliament approved the law authorizing the ratification of the Legal Agreement through a Presidential decree. The project was declared effective on May 20, 2019, and a launch workshop was held on June 7, 2019 in Brazzaville. The latest mission (September 2019) confirmed progress in mobilizing project activities and meeting required covenants. 1/27/2020 Page 1 of 7 The World Bank Implementation Status & Results Report Support to Enterprise Development and Competitiveness Project (P161590) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance High High High Macroeconomic High High High Sector Strategies and Policies Substantial Substantial Substantial Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and High High High Sustainability Fiduciary Moderate Moderate Moderate Environment and Social Moderate Moderate Moderate Stakeholders Moderate Moderate Moderate Other -- -- -- Overall High High High Results PDO Indicators by Objectives / Outcomes To foster MSME competitiveness in targeted sectors and geographic areas of the Republic of Congo IN00793992 ►Number of Investment Climate reforms implemented (cumulative) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 12.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00793993 ►Share of beneficiary firms under the Support to Enterprise Development grants demonstrating a sustained increase in annual turnover. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00793994 ►Share of new firms supported under the Business Plan Competition (BPC) that are still operating 24 months after receiving assistance (financial and non-financial) (Percentage, Custom) 1/27/2020 Page 2 of 7 The World Bank Implementation Status & Results Report Support to Enterprise Development and Competitiveness Project (P161590) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 Intermediate Results Indicators by Components Regulatory and institutional support to strengthen the enabling environment for PSD IN00793995 ►Number of procedures under 6 Doing Business indicators streamlined (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794032 ►Number of measures/recommendations proposed by PPD process endorsed for implementation (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 18.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794034 Out of which number of measures/recommendations that led to reforms (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 12.00 IN00794036 ►API Investment Promotion Strategy and Business Plan development (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Not Approved by API Approved by the API Value No No Board Board Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794039 Including promotion, facilitation and aftercare activities (Text, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes IN00794040 ►GUOT (The One Stop Shop for trans-border trade) strengthened operationally (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target 1/27/2020 Page 3 of 7 The World Bank Implementation Status & Results Report Support to Enterprise Development and Competitiveness Project (P161590) Value No No No Yes Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794043 Institutional quality of the GUOT (index) (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 12.00 IN00794044 ►Direct Compliance Cost Savings (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1,169,974.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794047 Starting a Business - Procedures (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 10.00 0.00 0.00 7.00 IN00794048 Starting business - Time (Days, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 49.00 0.00 0.00 17.00 IN00794050 Starting a Business - Cost (% of income per capita) (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 77.70 0.00 0.00 57.00 Direct support to MSMEs to enhance the development and competitiveness of selected value chains IN00794031 ►Business plans successfully launched (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794033 % of Business plans with actual funding (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20.00 IN00794035 1/27/2020 Page 4 of 7 The World Bank Implementation Status & Results Report Support to Enterprise Development and Competitiveness Project (P161590) ►Number of MSME receiving technical support (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 200.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794037 of which female owned (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 80.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794038 ►Firms benefiting from private sector initiatives (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 500.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794041 of which female owned (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 200.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794042 ►Number of private sector cooperative (GIE) established (cumulative) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794045 of which secured a market access with a buyer (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794046 ►Satisfaction rating by project beneficiaries administered through a survey questionnaire (%) (Citizen Engagement) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 1/27/2020 Page 5 of 7 The World Bank Implementation Status & Results Report Support to Enterprise Development and Competitiveness Project (P161590) Date 30-May-2018 24-Jul-2019 15-Jan-2020 30-May-2023 IN00794049 Out of which female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 IN00794051 Out of which youth beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 IN00794052 Out of which MSMEs beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 IN00794053 Out of which Investment Climate activities (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P161590 IBRD-88710 Effective USD 25.00 25.00 0.00 4.47 20.06 18% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P161590 IBRD-88710 Effective 30-May-2018 21-Jun-2018 20-May-2019 30-May-2023 30-May-2023 Cumulative Disbursements 1/27/2020 Page 6 of 7 The World Bank Implementation Status & Results Report Support to Enterprise Development and Competitiveness Project (P161590) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 1/27/2020 Page 7 of 7