Implementation Status & Results Benin BJ-Youth Employment (FY14) (P132667)

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losure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized The World Bank Implementation Status & Results Benin BJ-Youth Employment (FY14) (P132667) Operation Name: BJ-Youth Employment (FY14) (P132667) Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 16-Jun-2014 Country: Benin Approval FY: 2014 Product Line: IBRD/IDA Region: AFRICA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Ministry of Microfinance and Employment of Youth and Women Key Dates Board Approval Original Closing Date Planned Mid Term Review Date 30-Jun-2016 Last Archived ISR Date Effectiveness Date Revised Closing Date Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the proposed project is to improve access to employment skills and employment opportunities for underemployed youth in Benin. Has the Project Development Objective been changed since Board Approval of the Project? Yes Component(s) Component Name No Component Cost Developing Skills through Apprenticeships 6.30 Developing Small Business Skills 15.00 Start-up Support 8.70 Institutional Capacity Building and Project Management 5.00 Overall Ratings Progress towards achievement of PDO Overall Implementation Progress (IP) Overall Risk Rating Implementation Status Overview Previous Rating Current Rating Satisfactory Satisfactory Substantial This is the first ISR for the $35 million IDA-supported Youth Employment project, which was approved on March 11, 2014 and signed on April 10, 2014. The project aims to improve access to employment skills and employment opportunities for underemployed youth in Benin. The project has four components: 1) Developing Skills through Apprenticeships; 2) Developing Small Business Skills; 3) Start-up Support; and 4) Institutional Capacity Building and Project Management. Page 1 of 5

The project has two conditions of effectiveness, which are expected to be achieved before the deadline of August 10, 2014: - Recruitment of project coordinator, financial management analyst, and procurement specialist. STATUS -> The recruitment agency responsible for recruiting these three staff has been hired. The posts have been advertised and about 40 applications have been received between the three posts. - Ratification by Parliament and provision of a legal opinion by the Supreme Court on the financing agreement (Standard condition of effectiveness). STATUS -> The Council of Ministers transmitted the Financing Agreement to Parliament on April 23, 2014. The Ministry of Microfinance and Youth and Womens' Employment is following up to make sure the ratification is voted as soon as possible. Locations Country First Administrative Division Location Planned Actual Benin Zou Zou Department Benin Queme Departement de l' Oueme Benin Mono Mono Benin Borgou Borgou Department Benin Atlantique Atlantique Department Benin Atakora Atakora Department Benin Alibori Alibori Benin Collines Collines Department Benin Kouffo Kouffo Department Benin Donga Donga Benin Littoral Littoral Benin Plateau Plateau Department Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Direct project beneficiaries Value 0.00 17500.00 Female beneficiaries Percentage Value 0.00 50.00 Page 2 of 5

Supplemental Youth supported by the project receiving the Certificat de Qualification Professionnelle (CQP) Youth completing small business and life skills training under the project of youth starting or expanding microenterprises with support from the project Value 0.00 2500.00 Date 11-Mar-2014 Value 0.00 15000.00 Value 0.00 10000.00 Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Beneficiaries of Labor Market programs Value 0.00 17500.00 (number) Value 0.00 10000.00 Supporting entrepreneurship (number) Value 0.00 8750.00 Female (number) Value 0.00 17500.00 Training and re-training (number) of occupation streams offering new Value 0.00 30.00 post-apprenticeship exams leading to the CQP or CQM of master artisans receiving skills Value 0.00 500.00 upgrade training Date 11-Mar-2014 Page 3 of 5

of training centers receiving new Value 0.00 10.00 equipment of communes offering exams leading Value 29.00 60.00 to the Certificat de Qualification aux Métiers (CQM) of youth with low levels of literacy Value 0.00 5000.00 receiving support for creating business plans of women supported by the project in Value 0.00 1000.00 occupations with traditionally low numbers of women of cooperative groups formed Value 0.00 500.00 of youth partnering with existing Value 0.00 500.00 businesses in microfranchise arrangement of youth receiving start up grants Value 0.00 12000.00 Percentage of direct project beneficiaries who Percentage Value 0.00 90.00 were underemployed, or neither in school or in employment, at the beginning of training Data on Financial Performance (as of 19-May-2014) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P132667 IDA-53920 Not Effective 11-Mar-2014 10-Apr-2014 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P132667 IDA-53920 Not Effective XDR 22.90 22.90 0.00 0.00 22.90 0.00 Disbursement Graph Page 4 of 5

Key Decisions Regarding Implementation NA Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Page 5 of 5