Fund for Regional Stabilization and Development in fragile regions within ECOWAS Member States (FRSD)

Nigeria
KfW, 2021 - 2024
Contract value: 3,287,800 EUR

The Fund for Regional Stabilization and Development (FRSD) was set up by the ECOWAS Commission and the Federal Ministry for Economic Cooperation and Develop­ment (BMZ, Germany). It has a cinancial cooperation window for investments fun­ded through KfW Development Bank, implemented by GFA Consulting Group and a Technical Cooperation window for capacity develop­ment implemented by GIZ. The Gambia, Guinea-Bissau, Mali and Niger have been selected as implementation countries in the first phase of the Fund. The intervention context is either early response/ prevention or‚ stabilization, reco­very, reconstruction. The main objective is to improve the living conditions through short- and medium-term employment creation (labor-intensive construction, employment creation through investments along selected value chains, construction and/or rehabilitation of basic social and economic infrastructure). The fund aims to strengthen social cohesion, promote good governance and to strengthen regional, national and local implementation capacities.

PROJECT IS PART OF

Peace And Security

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