📋 Tender Overview
Project Summary
Approval Date 08 May 2023
Planned Completion Date 31 Dec 2026
Last Disbursement Planned Date 31 Dec 2026
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Commitment U.A 4,500,000
Status Approved
Project General Description
The proposed operation concerns a grant of UA 4.5 million to the Southern African Development Community (SADC) to finance the SADC Trade and Transit Facilitation Project. The operation is aligned with the SADC Vision 2050, which seeks to consolidate the Community by leveraging areas of excellence and implementing priorities, to achieve sustainable and inclusive socio-economic development underpinned by good governance and durable peace and security in the region. By supporting this project, the Bank is contributing to the upstream work that will facilitate the generation of a pipeline of investment operations, that the Bank would consider for financing in future, hence a critical business development opportunity for the Bank. The proposed operation has three components: (i) Transit management and cross-border cooperation between border agencies and private sector; (ii) Road Transport Facilitation and Development of the Regional Railway Master Plan (iii) Project management.
Project Objectives
The objective of the SADC Trade and Transit Facilitation Project is to facilitate the movement of goods and people along the North-South Corridor and at the key border crossings along the corridor, through supporting improvement of Customs border management and transport facilitation. It also aims to (i) develop a railway master plan for the Southern Africa region, and (ii) develop a bankable Railway Infrastructure Investment Program for enhancing transportation and logistics efficiency through a multimodal transportation network.
Beneficiaries
The project target area includes all the sixteen (16) Member States and the trade catchment areas of three out of eight corridors in SADC region (i.e., Northern South Corridor, Walvis-Bay-Ndola Lubumbashi Corridor, and Nacala Corridor). The project intervention also interlinks three other SADC transport corridors namely, Nacala, Beira and Mtwara in Malawi, Mozambique and Tanzania. The direct beneficiaries of the project are the populations of about 160 million people of selected corridors, businesses, and industries in the SADC countries. The proposed interventions will directly impact the project beneficiaries, via improved trade facilitation, reduction in costs of trading as well as creation of business opportunities in the medium to long term.
Participating Organization
Funding
African Development Fund
Implementing
SADC - Southern Africa Development Community
