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) WESTERN AND CENTRAL AFRICA | Western and Central Africa | Governance Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2022 | Seq No: 1 | ARCHIVED on 29-Aug-2022 | ISR52708 | 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: -- 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 Overall Implementation Progress (IP) -- Satisfactory Overall Risk Rating -- Moderate Implementation Status and Key Decisions The project was approved on May 19, 2022 and became effective on June 17, 2022. Project implementation progress is satisfactory as is progress towards achievement of the development objective. ACET has established and activated a Project Implementation Unit under the leadership of a Project Coordinator and comprising core project staff, including a Financial Management and Procurement Specialist. ACET has also hired and onboarded a part-time Environmental and Social Safeguards Specialist as required in the Environmental and Social Commitment Plan (ESCP), and the Sexual Exploitation and Abuse/Sexual Harassment (SEA/SH) needs are being assessed. 8/29/2022 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 Macroeconomic Moderate -- Moderate Sector Strategies and Policies Low -- Low Technical Design of Project or Program Low -- Low Institutional Capacity for Implementation and Low -- Low Sustainability Fiduciary Moderate -- Moderate Environment and Social Moderate -- Moderate Stakeholders Low -- Low Other Low -- Low Overall Moderate -- Moderate Results PDO Indicators by Objectives / Outcomes Strengthen the Economic Transformation agendas of African countries IN01179645 ►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 5.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 Definition: A cumulative count of African governments reporting during the strategy period that their policy formulation decisions are influenced by findings and recommendations from ACET research work, and/or the organization’s recommendations through advisory and advocacy services. The qualification of 'use' will be assessed through a 3-point scale where: 1 represents limited use; 2 represents medium use, and; 3 represents extensive use. Assumptions: Partnership with stakeholder government agencies will be Comments: strengthened to engender trust in disclosing some sensitive information to ACET. ACET will also manage data with absolute integrity. Economic Transformation Agendas are taken as policies targeting economic growth, diversification, export competitiveness, productivity, technology upgrading, or Human well-being (i.e. the variables of ACET's Growth with DEPTH framework). *While ACET will not work with all 54 African countries, their mandate is inclusive of all. Growth with DEPTH framework is used by ACET’s key country partners IN01179646 8/29/2022 Page 2 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) ►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 65.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 Definition: The % of CETO partners that directly apply the Growth with DEPTH framework in their strategic Comments: work. Partners include both policy research institutions and governments. Assumptions/biases: Partnerships explicitly involve direct and tailored COVID-19 support provided by ACET. Overall Comments PDO While initial activities have begun, it is too soon to report against the PDO indicators at this stage of implementation. Intermediate Results Indicators by Components Amplifying the knowledge base and policy design for economic transformation IN01179647 ►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 92.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 No flagship events have been held to date. Comments: IN01179651 ►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 ACET has undertaken ACET has begun a series of scoping discussions consultations, hosted a with key stakeholders follow-up technical Value No report produced. -- on the ATR and has event, and begun drafting the disseminated the ATR TORs for key via the web (target procurements. 8,000 downloads). Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 Supporting regional and domestic knowledge capacity for COVID-19 recovery and resilience IN01179648 ►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 8/29/2022 Page 3 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Value 0.00 -- 0.00 75.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 No relevant knowledge products have been produced with project support to date. Comments: IN01179652 ►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 5.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 Support to regional and national think tanks has not yet begun. Comments: IN01179653 ►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 Value 10.00 -- 0.00 27.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 There is a current cohort of ABT participants. Their graduation from the program is planned for December Comments: 2022. Building the bridge to policy impact through Fellowship Programs IN01179649 ►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 Fellowship program been assessed and has not begun. No fellows placed or guidance for how to Value -- Inception activities are assessed improve quality of planned for January deliverables and 2023. impact have been provided to the fellow and host institution. Date 30-Apr-2022 -- 17-Aug-2022 30-Nov-2024 Administrative and institutional capacity support IN01179650 ►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 8/29/2022 Page 4 of 6 The World Bank Implementation Status & Results Report Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery (P178045) Value 2.00 -- 0.00 10.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 IN01179654 ►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 72.00 Date 01-Apr-2022 -- 17-Aug-2022 30-Nov-2024 Performance reviews have not yet occurred during the project implementation period. Comments: IN01179655 ►Percentage of complaints received and addressed within the project Grievance Redress timeline (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 95.00 Date 01-Apr-2022 -- 17-Aug-2022 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 2.50 5.50 31% 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 8/29/2022 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. 8/29/2022 Page 6 of 6