The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) EASTERN AND SOUTHERN AFRICA | Eastern and Southern Africa | Governance Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2022 | Seq No: 2 | ARCHIVED on 25-Apr-2023 | ISR55285 | Implementing Agencies: African Center for Economic Transformation, African Center for Economic Transformation Key Dates Key Project Dates Bank Approval Date: 19-May-2022 Effectiveness Date: 17-Jun-2022 Planned Mid Term Review Date: 24-Nov-2023 Actual Mid-Term Review Date: Original Closing Date: 30-Nov-2024 Revised Closing Date: 30-Nov-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) To strengthen the African Center for Economic Transformation’s capability to inform economic transformation policy. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Amplifying the knowledge base and policy design for economic transformation:(Cost $2.60 M) Supporting regional and domestic knowledge capacity for COVID-19 recovery and resilience:(Cost $3.80 M) Building the bridge to policy impact through Fellowship Programs:(Cost $1.05 M) Administrative and Institutional Capacity Support:(Cost $0.55 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions Since effectiveness in June 2022 project implementation and progress towards achievement of the development objective remain satisfactory. The Project Implementation Unit is sufficiently staffed to manage implementation and ACET has commenced activities in all components. The next phase of the project requires acceleration to ensure that key activities are implemented in the next twelve months. 4/25/2023 Page 1 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Low Low Low Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Low Low Low Technical Design of Project or Program Low Low Low Institutional Capacity for Implementation and Low Low Low Sustainability Fiduciary Moderate Moderate Moderate Environment and Social Moderate Moderate Moderate Stakeholders Low Low Low Other Low Low Low Overall Moderate Moderate Moderate Results PDO Indicators by Objectives / Outcomes Strengthen the Economic Transformation agendas of African countries IN01262037 ►Governments reporting that their policy formulation decisions are influenced by findings and recommendations from ACET research, advisory and/or advocacy services (cumulative) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 Growth with DEPTH framework is used by ACET’s key country partners IN01262038 ►CETO partners that directly apply the Growth with DEPTH framework in their strategic work (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 65.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 Intermediate Results Indicators by Components 4/25/2023 Page 2 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Amplifying the knowledge base and policy design for economic transformation IN01262039 ►Participant rating policy dialogues and flagship events as satisfactory or higher (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 84.00 0.00 87.90 92.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 IN01262043 ►The fourth edition of ACET's African Transformation Report strengthens policy advice regarding closing gender gaps (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target A decision on the focus area for ACET has undertaken ACET has begun scoping research has been a series of discussions with key finalized – ATR4 will consultations, hosted a stakeholders on the ATR focus on Gender follow-up technical Value No report produced. and has begun drafting Equality; Development event, and the TORs for key of an disseminated the ATR procurements. outline/framework for via the web (target the report is near 8,000 downloads). completion. Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 Supporting regional and domestic knowledge capacity for COVID-19 recovery and resilience IN01262040 ►Compact with Africa focal points rating ACET knowledge products and peer learning events satisfactory or higher (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 82.00 75.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 Survey results from two CwA events held in July and September 2022. Comments: IN01262044 ►Regional and National think-tanks supported to offer conceptualized policy advice to governments (cumulative) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 1.00 5.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 CETO conducted with KIPPRA- Kenya Comments: IN01262045 ►SMEs receiving technical assistance through ACET’s private sector development program (disaggregated by female-led, male-led) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 4/25/2023 Page 3 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Value 10.00 0.00 10.00 27.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 Technical assistance for the first cohort of 10 is still ongoing. Comments: Building the bridge to policy impact through Fellowship Programs IN01262041 ►Regular assessment of fellows' progress and impact (gender disaggregated) (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Of the fellows placed in assignments, at least 85 percent have ACET Covid Fellow Fellowship program has been assessed and has been engaged and No fellows placed or not begun. Inception guidance for how to Value has started working assessed activities are planned for improve quality of with the Ministry of January 2023. deliverables and Finance in Ghana. impact have been provided to the fellow and host institution. Date 30-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 Due to a delay in the recruitment process, the first GEoG Fellows expected to be placed in Q2 2023. Comments: Administrative and institutional capacity support IN01262042 ►Number of ACET staff completing training as set out in their professional development goals or requirements (cumulative, gender disaggregated) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2.00 0.00 2.00 10.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 An outline of a three-year (2023-2026) Training plan for ACET staff has been drafted and is pending Comments: management approval. To be reported in the next reporting period IN01262046 ►ACET staff with improved performance against the KPIs on ACET’s staff performance scale (gender disaggregated) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 60.00 0.00 0.00 72.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 The 2022 Annual appraisal process is ongoing and will be completed by end of March 2023. The Comments: assessment of each staff's improvement against KPIs will be reported in the next reporting period. IN01262047 ►Percentage of complaints received and addressed within the project Grievance Redress timeline (Percentage, Custom) 4/25/2023 Page 4 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 95.00 Date 01-Apr-2022 17-Aug-2022 03-Apr-2023 30-Nov-2024 The GRM is active. Zero complaints have been received to date. Comments: Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P178045 TF-B8445 Effective USD 8.00 8.00 0.00 3.72 4.28 46% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P178045 TF-B8445 Effective 19-May-2022 26-May-2022 17-Jun-2022 30-Nov-2024 30-Nov-2024 Cumulative Disbursements 4/25/2023 Page 5 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 4/25/2023 Page 6 of 6