Africa - Additional Financing for the East Africa Trade and Transport Facilitation Program Project : restructuring

Abstract

The objective of the Additional Financing for the East Africa Trade and Transport Facilitation Program Project for Africa is to improve efficiency and reliability of transport and logistics services along the key corridors. The additional financing is requested to help bridge the financing gap resulting from net scale up of activities as part of the project restructuring and anticipated cost overruns, due mainly to inflation since the project was appraised in 2005. The cost has arisen as a result of three-fold increase in the number of project affected households to be resettled in Kibera and Mukuru in Kenya, whose number has risen from 3,500 in 2005 when the Resettlement Action Plan (RAP) was first prepared to