Public Disclosure Copy The World Bank Implementation Status & Results Report Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) AFRICA | Senegal | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2016 | Seq No: 5 | ARCHIVED on 24-Jul-2019 | ISR36169 | Implementing Agencies: Ministry of Economy and Finance, Senegal EITI Permanent Secretariat Key Dates Key Project Dates Bank Approval Date:19-May-2016 Effectiveness Date:20-Jun-2016 Original Closing Date:31-Dec-2018 Revised Closing Date:31-Dec-2019 Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) is to assist Senegal in implementing its EITI agenda. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Satisfactory  Satisfactory Implementation Status and Key Decisions Project implementation is progressing satisfactorily and is on track to reach its development objectives. Today 70% of the grant is disbursed while four activities remain to be implemented: (i) a workshop to monitor the implementation of recommendations from EITI reports, (ii) a validation workshop for the Senegal EITI automatic electronic data disclosure study that would lead to the mainstreaming of extractives sector data in the national revenue management systems, and for the blueprint of the Senegal extractives data disclosure platform, (iii) an EITI impact assessment study, and (iv) the setting up of the extractive data platform. An additional grant in the amount of $200,000 combined with a one-year closing date extension were processed in December 2018. The objective 7/24/2019 Page 1 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) of the additional funds is to support the implementation of the extractive data disclosure platform. The grant is scheduled to close in December 2019. The Ministry of Finance has been supportive of the extractive sector mainstreaming work and has committed to fund and implement the extractive revenue data mainstreaming recommendations upon validation of the scoping study. The Ministry of Finance has been supportive of the extractive sector mainstreaming work and has committed to fund and implement the mainstreaming activities upon validation of the scoping study. The mainstreaming of EITI data will help to comply with the following recommendations from the 2014 EITI report. Progress was made with regards to the work on beneficial ownership. In October 2018, Senegal hosted a beneficial ownership conference for the extractives sector in Africa. The beneficial ownership database is now finalized and is awaiting a formal launch. With funding from the project, the EITI secretariat held a training session on the development of oil and gas projects in Senegal for the multi- stakeholder group. The training needs were also expressed by other groups such as Parliamentarians. A mission was carried out to monitor project implementation in early May 2019. The mission served to assess implementation progress and compliance with the grant agreement. Senegal EITI stakeholders were invited to propose areas of further support from the EGPS Trust Fund ahead of the completion of the current funding. Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall  --  Low  Low Results Project Development Objective Indicators PHINDPDOTBL EITI validation completed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 01-May-2016 27-Jul-2018 11-Jul-2019 31-Dec-2019 PHINDPDOTBL Increased total value of revenues reconciled compared to the previous year (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 14-Dec-2015 27-Jul-2018 11-Jul-2019 31-Dec-2019 7/24/2019 Page 2 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) Comments The 2018 report is not yet out. PHINDPDOTBL Followup action plans to address EITI report's recommendations are developed and agreed by the EITI-NC annually (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 01-May-2016 27-Jul-2018 11-Jul-2019 31-Dec-2019 PHINDPDOTBL Number of recommendations from the 2014 EITI report implemented (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 5.00 5.00 Date 23-Oct-2018 23-Oct-2018 11-Jul-2019 31-Dec-2019 Overall Comments Intermediate Results Indicators PHINDIRITBL Number of Senegal EITI Report(s) completed and published in a timely manner (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 3.00 3.00 Date 01-May-2016 19-Dec-2017 11-Jul-2019 31-Dec-2019 7/24/2019 Page 3 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) PHINDIRITBL Assessment of the legal and institutional framework as it relates to the licensing and awarding of contracts in the oil, gas and mining sector (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 01-May-2016 19-Dec-2017 11-Jul-2019 31-Dec-2019 PHINDIRITBL Percentage of female representation on the MSG (Percentage) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 15.00 25.00 25.00 20.00 Date 01-May-2016 09-Aug-2018 11-Jul-2019 31-Dec-2019 PHINDIRITBL Successful dissemination of the second Senegal EITI Report (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 1.00 Date 01-May-2016 19-Dec-2017 11-Jul-2019 31-Dec-2019 PHINDIRITBL Number of participants to the dissemination of the 2015 & 2016 Senegal EITI Report (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 105.00 105.00 300.00 Date 28-Sep-2017 01-Aug-2018 11-Jul-2019 31-Dec-2019 7/24/2019 Page 4 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) PHINDIRITBL Percentage of women to men participants at the dissemination events (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 3.00 47.00 47.00 20.00 Date 20-Oct-2017 19-Dec-2017 11-Jul-2019 31-Dec-2019 PHINDIRITBL Number of events held to raise awareness around oil & gas development issues to EITI stakeholders (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 4.00 5.00 Date 28-Sep-2017 01-Aug-2018 11-Jul-2019 31-Dec-2019 PHINDIRITBL Validation of EITI mainstreaming study (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 23-Oct-2018 23-Oct-2018 23-Oct-2018 31-Dec-2019 PHINDIRITBL Completion of EITI data automated disclosure platform (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 23-Oct-2018 23-Oct-2018 23-Oct-2018 31-Dec-2019 Overall Comments 7/24/2019 Page 5 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P160022 TF-A2673 Effective USD 0.30 0.30 0.00 0.30 0.00 99% P160022 TF-A6166 Effective USD 0.49 0.49 0.00 0.20 0.29 41% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P160022 TF-A2673 Effective 19-May-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 31-Dec-2019 P160022 TF-A6166 Effective 08-Nov-2017 21-Nov-2017 21-Nov-2017 31-Dec-2018 31-Dec-2019 Cumulative Disbursements Restructuring History Level 2 Approved on 08-Nov-2017 ,Level 2 Approved on 06-Dec-2018 7/24/2019 Page 6 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Senegal Support to Extractive Industries Transparency Initiative Compliance Process (P160022) Related Project(s) There are no related projects. 7/24/2019 Page 7 of 7 Public Disclosure Copy