Pipeline

IDINDIGO-PL-0054
Project Name - (Value)Sierra Leone Education Innovation Challenge (SLEIC)
Contact - Name - (Value)Milena Castellnou
Contact - Email - (Value)milena@edufundmea.org
State of Development - (Value)Launched
State of Development - (Source ID's)source1
Stage of Development - (Value)Final negotiations
Stage of Development - (Source ID's)source1
Stage of Development - (Notes)(Close to contract signature, to begin implementation in September 2022)
Type of instrument and project - Impact Bond - (Value)No
Type of instrument and project - Outcomes Fund - (Value)Yes
Type of instrument and project - Social Impact Incentives (SIINC) - (Value)No
Type of instrument and project - Social Impact Guarantee - (Value)No
Type of instrument and project - Payment-by-results (no pre-financing) - (Value)No
Type of instrument and project - Technical Assistance and Market-building program (Must involve dedicated grant resources) - (Value)No
(Source ID's)source1
Part of a larger outcomes-based financing program? - Part of a larger outcomes-based financing program? - (Value)No
Part of a larger outcomes-based financing program? - (Source ID's)source1
Dates - Expected Launch Date - (Value)Q3 - 2022
Dates - Total expected project development time - (Value)>24 months
Dates - Expected length of project (years) - (Value)3
Dates - Project design process began - (Value)Q1-2020
Dates - (Source ID's)source1
Rationale for using outcome based finance - (Value)Outcomes based financing is being used to achieve improvements in learning outcomes by engaging with non-state actors and aligning incentives to improve learning. The programme is meant to inform the Government on what to scale in the future in the education sector.
(Source ID's)source1
Key challenges to launch - (Value)Delayed and reduced funding due to COVID-19 pandemic.
(Source ID's)source1
Role of the domestic government - Outcomes funder - (Value)Yes
Role of the domestic government - Service provider - (Value)No
Role of the domestic government - Member of project committee - (Value)Yes
Role of the domestic government - No formal role - (Value)No
(Source ID's)source1
Service providers identified and selected - Request-for-proposals - (Value)Yes
Service providers identified and selected - Direct contracting by outcome funder/investor/intermediary - (Value)No
Service providers identified and selected - Provider-led deal development - (Value)No
(Source ID's)source1
(Notes)The applications have been submitted, but the awards has not been announced.
Feasibility study - (Value)Yes
(Source ID's)source1
Proposed financing instruments - Debt - (Value)No
Proposed financing instruments - Equity - (Value)No
Proposed financing instruments - Guarantee - (Value)No
Proposed financing instruments - Grant - (Value)Yes
(Source ID's)source1
Technical assistance grant - Technical assistance grant - (Value)No
Technical assistance grant - (Source ID's)source1
Overall project finance - Estimated Maximum potential outcome payment - Currency - (Value)USD
Overall project finance - Estimated Maximum potential outcome payment - Amount - (Value)18400000
Overall project finance - (Source ID's)source1
Overall project finance - (Notes)Total programme funding is 18.389M USD. Out of those, over 10M USD will be used for payments to investors/providers. The remaining budget is meant to cover the project costs, including the outcomes evaluation.
Purpose and classifications - Social/Developmental challenge - (Value)A child born in Sierra Leone can expect to complete just 8.9 years of school (or 4.5 years when adjusted for learning) by the time they turn 18, out of a total of 12 years of formal education expected by this age. The 2014 Early Grade Reading Assessment (EGRA) found that 87% of Grade 2 students were unable to read a single word, and that 97% received zero marks on the reading and comprehension assessment. By Primary 4, 60% of children still scored zero on the same reading comprehension test. Girls face more challenges than boys with regards to education due to teenage pregnancy (the ban for pregnant girls participating in education was lifted only in April 2020), early forced marriages, school related Gender-Based Violence (GBV), and poor in-school sanitation facilities. As such, the Government has prioritized girls education as part of their policy agenda.
Purpose and classifications - Expected intervention model - (Value)5 service providers will be chosen to implement 5 distinct interventions across 5 geographical lots. Specific interventions TBD.
Purpose and classifications - Policy sector - Employment and private sector development - (Value)No
Purpose and classifications - Policy sector - Education - (Value)Yes
Purpose and classifications - Policy sector - Social protection - (Value)No
Purpose and classifications - Policy sector - Criminal justice - (Value)No
Purpose and classifications - Policy sector - Health - (Value)No
Purpose and classifications - Policy sector - Agriculture - (Value)No
Purpose and classifications - Policy sector - Environment and climate change - (Value)No
Purpose and classifications - Policy sector - Water, Sanitation and Hygiene - (Value)No
Purpose and classifications - Policy sector - Energy - (Value)No
Purpose and classifications - Policy sector - Humanitarian - (Value)No
Purpose and classifications - Secondary SDG goals - (Value)4
Purpose and classifications - (Source ID's)source1
Service users and beneficiaries - Target population - (Value)Children enrolled in P1 to P6 across public schools in Sierra Leone, with special focus on girls (outcomes priced 20% higher than those of boys)
Service users and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)134000
Service users and beneficiaries - Unit type of targeted service users or beneficiaries - (Value)Individual
Service users and beneficiaries - Country Classification of Service and beneficiaries - Low-income - (Value)Yes
Service users and beneficiaries - Country Classification of Service and beneficiaries - Lower-middle-income - (Value)No
Service users and beneficiaries - Country Classification of Service and beneficiaries - Upper-middle-income - (Value)No
Service users and beneficiaries - Country Classification of Service and beneficiaries - High-income - (Value)No
Service users and beneficiaries - (Source ID's)source1
Notes - (Value)Data for this pipeline project was last updated in March 2024
Delivery Locations 1: Location - Name - (Value)Sierra Leone
Delivery Locations 1: Location - Country - (Value)SL
Sources 1: Idsource1
Sources 1: Name - (Value)Data shared by key stakeholders of the project through March 2022 Levoca questionnaire
Sources 2: Idsource2
Sources 2: Name - (Value)INDIGO Impact Bond Dataset, accessed 02 Feb 2024
Sources 2: Type - (Value)Website
Sources 2: URL - (Value)https://golab.bsg.ox.ac.uk/knowledge-bank/indigo/fund-directory/INDIGO-FUND-0019/
Service Provisions 1: NotesTBD
Outcome Payment Commitments 1: NotesGovernment of Siera Leone and the Education Outcomes Fund (channeling funds from donors)
Investments 1: NotesTBD
Intermediary services 1: Organisation Role Category - (Value)Other
Intermediary services 1: NotesEvaluator - Oxford Policy Management
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)(1) Learning gains in literacy and numeracy (95% of payments)
Outcome Metrics 1: Outcome validation Method - (Value)RCT
Outcome Metrics 1: Notes(1) Learning gains: RCT using a test that has been specifically designed and piloted for the programme. Each geographical lot (5 in total) will have its own separate RCT with its own treatment and control groups and this will be conducted every year to measure progress towards the targets. Progress towards targets will be measured as the intertemporal difference between treatment and control.
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)(2) Percentage of children meeting grade appropriate minimum competencies in literacy and numeracy (5% of payments)
Outcome Metrics 2: Outcome validation Method - (Value)Pre-post analysis
Outcome Metrics 2: Notes(2) Minimum competencies: number of children meeting a pre-established threshold regardless of the control group
Projects 1: Sourcessource2
Projects 1: StatusPUBLIC
Projects 2: Sourcessource2
Projects 2: StatusPUBLIC
Projects 3: Sourcessource2
Projects 3: StatusPUBLIC
Projects 4: Sourcessource2
Projects 4: StatusPUBLIC

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