Zimbabwe

06-Aug-2019

Zimbabwe - Capacity Building for Public Finance and Economic Management - Project Completion Report

The project sought to address institutional capacity weaknesses brought about by Zimbabwe’s decade of economic decline (1999-2008) which had severely compromised the public sector’s governance and capacity to delivery its core functions. The design of the project was thus informed by 2012 Country Integrated Fiduciary Assessment and the Country Procurement Assessment Review and other diagnostic studies which had identified capacity weaknesses in the Public Finance Management (PFM) system especially in public procurement, internal audit and dilapidated information and communication technology (...
02-Aug-2019

Zimbabwe - Strengthening Institutions of Transparency and Accountability - Appraisal Report

The Project’s overall objective was to improve transparency and accountability in the public sector and promote gender equality in order to encourage inclusive development, through improved institutional capacity and effectiveness of institutions of public oversight and accountability, namely the Parliament of Zimbabwe (POZ), the Parliamentary Women Caucus (PWC) and the Office of the Auditor General (OAG).
18-Jul-2019

The Bank’s ZimFund water and sanitation project clears the air in Redcliff

Forbes Muzanzi, a resident of Rutendo High Density Suburb in Redcliff holds a ‘temporary sewer pipe’ that transported sewage out of his yard before ZimFund phase II replaced all the small and broken-down sewer pipes in his area. There used to be a very nasty smell around Redcliff’s high density Torwood and Rutendo suburbs, ‘Home of the Steelmakers’, some 220 km south-west of Zimbabwe’s capital, Harare. The origin of it was obvious, as spillage of sewage into houses and streets from inadequate temporary pipes meant to carry sewage away from residents’ homes had been a daily menace for the...
18-Jul-2019

Zimbabwe: Country Brief 2019-2020 combined with Country Portfolio Performance Review (CPPR)

The Country Brief (CB) 2019-2020 is a short-term programming framework for the Bank’s operational activities in Zimbabwe. This is in accordance with the Bank’s Operational Guidelines of the Transition Support Facility (TSF). Its objectives are to update the Board of Directors on recent political and economic developments in the country, articulate challenges, opportunities and lessons to guide the Bank’s future operations. It builds on the achievements of the CB 2013-2016 (initially approved in 2013) to provide a programming framework for the period 2019-2020, and makes a case for the country...
28-Jun-2019

ZimFund water and sanitation project: Communities can sustain local infrastructure

“Residents should take part in social engineering of projects, civic education and offer community stewardship in maintaining infrastructure. Besides this, residents should pay for water and sanitation services rendered, so that local authorities can generate funds to maintain infrastructure,” said Hardlife Mudzingwa, Programmes Director for the Community Water Alliance. Community Water Alliance (CWA) is a grassroots civil society organisation (CSO) that does advocacy work in water, sanitation and hygiene (WASH), environment and climate issues. CWA has more than 25,000 individual members...
20-Jun-2019

Contract Award – Zimbabwe - Supply and Installation of Bypass Breakers/ Isolators [BWSSIP/G01/3] - Bulawayo Water and Sewerage Services Improvement Project [BWSSIP]

06-Jun-2019

Cyclones Idaï et Kenneth : plus de 92 millions de dollars de dons accordés aux pays victimes par la Banque africaine de développement

Trois mois après le passage dévastateur des cyclones Idaï et Kenneth au Mozambique, au Zimbabwe et au Malawi, la Banque africaine de développement a accordé, mercredi 5 juin 2019, un nouveau soutien financier de 92,41 millions de dollars américains pour la mise en œuvre d’un programme de reconstruction d’urgence et de résilience sur quatre ans. L’aide se compose de dons provenant de la Facilité d’appui à la transition de 21 millions dollars américains destinés au Mozambique, et de 16,8 millions de dollars affectés au Zimbabwe. Les deux pays bénéficient également de dons respectifs de 23,8...
21-May-2019

African Development Bank commissions value chain study into jewelry manufacturing in Sierra Leone, Zimbabwe and the Republic of Guinea

The African Development Bank has commissioned a study into the contribution of the jewelry manufacturing industry and its potential for job creation for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea. The initial US $1.4-million project, will entail a value chain analysis study examining the sector’s contributions to value addition and job creation. It will be financed under the Bank’s Transition Support Facility and implemented over 24 months, in coordination with the relevant ministries and agencies in all three countries. The proposed project aims to create...
21-May-2019

African Development Bank commissions value chain study into jewelry manufacturing and jobs for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea

The African Development Bank has commissioned a study into the contribution of the jewelry manufacturing industry and its potential for job creation for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea. The initial US $1.4-million project, will entail a value chain analysis study examining the sector’s contributions to value addition and job creation. It will be financed under the Bank’s Transition Support Facility and implemented over 24 months, in coordination with the relevant ministries and agencies in all three countries. The proposed project aims to create...
20-May-2019

« Éclairer l’Afrique » : cinq projets majeurs soutenus par la Banque africaine de développement améliorent la vie des populations

« Éclairer l’Afrique et l’alimenter en énergie » est, depuis fin 2015, une des cinq grandes priorités stratégiques, « High 5 », de la Banque africaine de développement, qui vise un accès universel à l’électricité sur le continent, dont ont déjà bénéficié des dizaines de millions d’Africains vivant notamment dans des zones rurales. L’objectif de la Banque est de garantir cet accès universel à toutes les populations africaines d’ici à 2025. Depuis son lancement, ce « Nouveau pacte » de l’énergie en Afrique a vu les projets se multiplier, parmi lesquels cinq de...
13-May-2019

Southern Africa Quarterly Review and Analysis – 1st Quarter 2013 - Issue 8

Southern Africa is projected to grow at 4.4 percent in 2013. A strong first quarter performance in many of the countries set the region on course towards this growth rate. In Angola, despite a slight deceleration of output in the non-oil sector, growth remained quite healthy, supported by oil production. Botswana maintained strong growth on the back of a resurging mining sector. Lesotho maintained positive growth that largely reflected the mining and textile sub-sectors’ good sustained performance, while in Malawi growth rebounded in the first quarter, with the main drivers being improved...
13-May-2019

Southern Africa Quarterly Review and Analysis – 2nd Quarter 2013 - Issue 9

Economic activity in Southern Africa remained quite strong in the second quarter, giving optimism that the region is on course to attain a projected annual average growth rate of 4.4 percent. Angola witnessed a pickup in growth in the non-oil sector, which combined with strong oil production to maintain a healthy second quarter performance. Botswana sustained its strong growth on the back of a resurging mining sector. However, recent adverse weather conditions in the country moderated overall growth during the second quarter. Growth was positive in Lesotho, largely reflecting good performance...
29-Apr-2019

African Development Bank calls for urgent global response as second cyclone hits Southern Africa

The African Development Bank has called for urgent global action in the wake of a second cyclone to hit the southern Africa coastal region in six weeks.  According to Bank President, Akinwumi Adesina, “we must have concerted international cooperation to establish management systems and responses to combat natural disaster.” Cyclone Kenneth is also the most extreme tropical tornado to hit Mozambique in the last 60 years, according to official records. “Timely intervention of national, regional and international actors and stakeholders are crucial when disaster strikes. Increasingly...
17-Apr-2019

Zimbabwe - Monthly Bulletin - February 2019

The Zimbabwe economy continues to be characterized by challenges at a time when government is trying to develop appropriate policy responses. Inflation continues to be the highest in the region, as the inflation rate for January 2019, which was at 56.9 percent, was the highest in Africa. At the global level, Gold and platinum prices, which are the two main mineral export products for Zimbabwe, declined by 3.0 percent and 18.5 percent respectively in January 2019 compared to January 2018, imposing negative pressures on foreign currency earning potential as well as government revenues from...
17-Apr-2019

Multinational - Proposal for three Grants of US$1,000,000.00 (Mozambique), US$250,000.00 (Zimbabwe) and US$250,000.00 (Malawi) for Emergency Humanitarian Relief Assistance Related to the 2019 Tropical Cyclone IDAI for Mozambique, Malawi and Zimbabwe

Tropical Cyclone Idai was characterized by high winds between 170-220 km per hour and rainfall of 150 mm in 24 hours, that made landfall during the night of 14 March 2019 causing heavy downpours and floods in 64 districts (in five provinces) in Mozambique, 15 districts of Malawi and 8 districts of Zimbabwe. The flooding was aggravated by heavy rainfall between 5-8 March 2019 characterized by 140-180 mm in 24 hour in 58 districts in the same region. The destructive impact of the floods in the affected communities in those countries led the Governments of Mozambique, Malawi and Zimbabwe to...
15-Apr-2019

EOI – Development of a project implementation manual - ZETDC

This request for expressions of interest follows the General Procurement Notice for this project that appeared in Development Business No AfDB61-01/17. The Government of The Republic of Zimbabwe has received Grant funding from the African Development Bank (AfDB) and intends to apply part of the proceeds of this Grant to eligible payments under the contract for the development of a Project Implementation Manual for the 132kV Alaska-Karoi Power Transmission Rehabilitation Project (AKTP).
15-Apr-2019

ZimFund Water and Sanitation Project: Harare residents commend ZimFund for engaging communities

Passmore Masanga, a resident of the Mabvuku township in Harare hopes that a new 4.6 km pipeline, installed under the ZimFund Urgent Water Supply and Sanitation Rehabilitation Project Phase II, will change persistent water shortages and bring relief to his family and other residents of Mabvuku, where a water crisis has lingered for years.  “The situation is bad. We wake up around 3am to beat the water queues at a nearby borehole. We hope the replacement of the pipeline, among other factors, will enable us to get water from our taps,” said Masanga. Masanga was among several residents...
12-Apr-2019

Zimbabwe - Monthly Bulletin - October 2018

The Government of Zimbabwe (GOZ) rebased the GDP at the end of September 2018, thereby raising the 2017 GDP at market prices to USD 22.04 billion from USD 18 billion (rising by 22.5%). With the rebasing, per capita GDP for 2017 rose from USD 1235 to USD 1511. The Government also launched the Transitional Stabilization Programme (Oct 2018 – Dec 2020) aimed at launching the reform process, to transition the economy to an upper middle-income status by the year 2030.
12-Apr-2019

Zimbabwe - Monthly Bulletin - November 2018

The Government of Zimbabwe (GOZ) released the 2019 budget on 22nd November 2018, meant to buttress the initiatives in the Transitional Stabilization Programme (October 2018 – December 2020). The key highlights of the budget were: Growth: The minister acknowledged that the prevailing weak macro-economic fundamentals will subdue growth in 2018, which has been downgraded to 4.0%. Growth is expected to reach 3.1% in 2019 and 7.5% in 2020, mainly driven by agricultural, tourism and mining activities. In terms of Fiscal policy, the government acknowledged the high fiscal deficit over the last...
12-Apr-2019

Zimbabwe - Monthly Bulletin - December 2018

The Zimbabwe economy remained volatile in November 2018, with the key challenges experienced in October remaining binding. Inflation, which continued to rise in October worsened, gaining about 10.2 percentage points to 31.01 percent, which is the highest among some select Southern African Development Community (SADC) countries. The price of gold and platinum declined at the international level, which negatively affected revenue inflows, given that Zimbabwe is mineral dependent for export revenue. The decline of the wheat price, however, was a welcome development, given that Zimbabwe is a net...