Gabon - Support project for the Moanda School of Mines and Metallurgy (E3M) — Gabon

Overview

The proposed operation concerns a grant of up to UA 867,732 from the Technical Assistance Fund for Middle Income Countries (TAF-MIC) to finance the support project for the Moanda School of Mining and Metallurgy (E3M). E3M is a school of excellence that promotes employment in the Central African sub-region. The project is complementary to Gabon's active portfolio and will increase the chances of success of some ongoing projects, while helping to develop the Bank's investment pipeline in Gabon and the region. It is structured in three complementary components: (i) Renovation of the educational offer for youth employability; (ii) Strategic positioning of E3M at the regional level; and (iii) Project management and coordination. With an academic start in October 2021 and a training duration of 20 months for the engineering cycle, the project should be implemented over a maximum of 3 years starting in February 2021.