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- Eligibility screening of the proposed preparatory activities, based on a pass or fail test assessing promoter (applicants), sector (infrastructure sector), project preparation step (scope of activities), regional character and alignment with the regional/continental priorities (PAP-PIDA, REC’s Infrastructure Master Plan).
- Technical screening of the proposed preparatory activities, based on quantified assessment of the development impacts and project readiness indicators (regional integration boosting, economic growth, poverty reduction, financial and economic viability of the project).
- Prioritization of grant applications, based on the technical scores and regional/sector balance with semi-annual reporting to the Fund Oversight Committee on decision made.
OUR PROJECT DEVELOPMENT CYCLE IN SIX STEPS: