Jeddah, Kingdom of Saudi Arabia, 18 December 2024 – The Independent Evaluation Department (IEvD), as per its Annual Work Plan for 2024, launched the thematic evaluation of IsDB Group’s Women’s Empowerment Policy and Youth Development Strategy. The launch meeting brought together over 50 participants, including from the Women Empowerment and Youth Development Division and the Group entities. The objective was to share the evaluation Approach Paper with key stakeholders to facilitate collective understanding and gather valuable feedback, with a view to enhancing the evaluation approach and process.
Approved and launched in 2019, the Women’s Empowerment Policy and the Youth Development Strategy aim to integrate women’s empowerment and youth development into the Bank’s operations and foster inclusive human capital development by harnessing the capabilities of women and youth. The portfolio review identified 93 active and completed projects across IsDB Group, with a total approved amount of USD 1.23 billion, which demonstrates the Group's significant commitment to women's empowerment and youth development.
The evaluation will assess the achievements of WEYD interventions, and the extent to which women's empowerment and youth development instruments have been mainstreamed in IsDB Group’s initiatives and operational procedures. The lessons and recommendations will inform future WEYD policies and strategies while also influencing the strategic direction of IsDB Group's initiatives in women's empowerment and youth development.
The evaluation team will conduct field visits from December 15 to January 10 in several countries hosting WEYD projects, including Bangladesh, Morocco, and Cameroon, as part of the data collection phase. The final evaluation report will be shared with all relevant stakeholders in a subsequent dissemination event and on IEvD’s platform LEARN.
IEVD.isdb.org
Abuja, Nigeria, 4 December 2024 - The Independent Evaluation Department (IEvD) visited the Federal Republic of Nigeria from 17 November to 4 December to conduct a Country Engagement Evaluation (CEE). The CEE covers IsDB Group’s programs, projects, and grants/technical assistance (TA) approved and completed during 2014–2023. The mission aimed to assess the outcomes and development impact of IsDB Group’s operations, evaluate their relevance, effectiveness, efficiency, and sustainability, and provide actionable recommendations for improving future operations.
The scope of the evaluation includes 50 IsDB projects, eight ICD Line of Financing (LOF) operations, 11 ITFC trade finance operations, 31 ICIEC insurance policies for trade and inward investment, six IsDBI training programs, and two workshops.
During the mission, the evaluation team visited project sites across multiple states, including Gombe, Bauchi, Yobe, Lagos, Abuja, Kaduna, Zaria, and Kano, to gain first-hand insights into project implementation, performance, and development results. These visits provided valuable feedback on the impact of IsDB-funded initiatives on local communities and the broader economy.
In addition to field visits, the mission held consultations with key federal government ministries, including the Ministry of Women Affairs, Ministry of Finance, Ministry of Health, and Ministry of Agriculture, key state ministries, as well as development partners in Nigeria. The team also engaged with the staff and management of IsDB’s Regional Hub in Nigeria, ensuring comprehensive stakeholder engagement to align the evaluation outcomes with national priorities.
The findings and insights from the CEE Nigeria will contribute to the IsDB Group’s planned Member Country Partnership Strategy for the country, ensuring that the Group's future development initiatives are impactful and aligned with the development needs of Nigeria.
Jeddah, Kingdom of Saudi Arabia, 20 November 2024 - The Islamic Development Bank Institute (IsDBI) hosted a webinar on an innovative self-sustaining financial inclusion model, the Village Savings and Loan Association (VSLA) Model, and its impact on improving the livelihoods of people with low incomes.
The webinar presentation was delivered by Mr. Hugh Allen, the Chief Executive Officer (CEO) of VSL Associates, the organization that developed the savings-driven model. Dr. Hylmun Izhar, a Senior Research Economist at IsDBI, moderated the session.
In his opening remarks, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, noted that the basic principles of Islamic finance, such as helping poor people, avoiding usury, and enabling people to earn a living, are values shared by different cultures and religions.
Mr. Allen gave an overview of the savings groups' global presence and performance, spread across in 77 countries, with a focus on Africa where they are tracking 596,000 groups and 13 million members, 79 percent of whom are female. He highlighted the success of a Sharia-compliant model in Palestine, which formed 437 groups with 8,000 members and a 100 percent loan repayment rate.
Explaining the basic principles and structure of the savings groups, Mr. Allen emphasized that these groups are self-financing, self-managing, and independent, with members selecting each other. The groups are designed to be fully independent after one year to 18 months of training and supervision.
Mr. Allen also explained the savings group functioning and supervision, procedures and impact, digitization, and microfinance challenges. He elaborated on the functioning of a savings group, highlighting the importance of simplicity and visual record-keeping. Mr. Allen concluded his presentation by highlighting some challenges and potential risks associated with microfinance institutions and savings groups.
The two discussants, Mr. Ahmed Ag Aboubacrine, Acting Director of IsDB Independent Evaluation Department, and Dr. Abd Elrhman Saaid Elzahi, Senior Research Economist at IsDBI, spoke on the significance and potential benefits of innovative financial inclusion initiatives.
Mr. Aboubacrine emphasized the importance of financial inclusion initiatives for poverty alleviation and highlighted the role of federations in intermediating capital between surplus and deficit groups.
For his part, Dr. Elzahi stressed the importance of community-based financial inclusion, particularly for rural areas, and the role of NGOs in capacity building. He highlighted the limitations of savings groups, such as informal rules and regulations, limited capital, external shock, scalability, financial literacy, gender dynamics and roan repayment issues. He also suggested potential solutions like establishing a sustainable solidarity fund to address the problem of limited capital, foster scalability, and provide further impact on overall poverty alleviation and technical assistance for financial literacy capacity building.
The questions-and-answers session gave Mr. Allen an opportunity to provide further details on the applicability of the VSLA Model, followed by the closing remarks from Mr. Yahya Rehman, Associate Manager, Knowledge Leaders Section, IsDBI.
Tegucigalpa, Honduras, 11-13 November 2024– The Evaluation Cooperation Group (ECG) Fall Meeting, hosted at the Central American Bank for Economic Integration (CABEI) headquarters in Tegucigalpa, brought together top independent evaluation professionals from multilateral development banks (MDBs) to explore emerging trends and practices.
The discussions highlighted key methods and meta learning from evaluations of Private Sector, Green Financing, and Institutional Change. The ECG members also discussed their common institutional challenges and solutions, including the use of AI in evaluations and how independent evaluations can shape organizational strategies and advance MDBs' development frameworks.
Representing the Islamic Development Bank, Mr. Ahmed Ag Aboubacrine, Acting Director of the Independent Evaluation Department (IEvD), actively participated in key sessions, including the ECG Heads Breakfast, ECG Business Meeting, and panel discussions. Mr. Oguz Ceylan, Lead Evaluation Specialist at IEvD, contributed to the discussions by leading a session titled “Shaping IsDB's Transformational Agenda: The Role of Independent Evaluation.”
During the panel discussion on the role of evaluation in advancing MDBs’ transformational agendas, with a focus on institutional change, Br. Oguz emphasized the critical role of robust evaluation frameworks in fostering institutional innovation and enhancing the impact of development initiatives. He outlined key aspects of IsDB’s transformational agenda, highlighting the integration of advanced evaluation methodologies to improve efficiency and expand outreach.
IEvD’s active participation underscored its dedication to continuous improvement, innovation, and aligning its strategies with global best practices to address the evolving needs of our member countries. This engagement reflects IsDB’s commitment to leveraging evaluation as a strategic tool for driving meaningful change and delivering impactful development results.
Jeddah, KSA, October 8-9, 2024 – The Islamic Development Bank Group (IsDB) hosted the 6th IsDB Group Evaluation Symposium under the theme “Cherishing Learning and Charting out the Future: The Strategic Value of Evaluation in Decision-Making.” This two-day hybrid event brought together a diverse range of experts and stakeholders to explore how evaluation can enhance strategic programming and drive sustainable development.
In his opening remarks, H.E. Dr. Zamir Iqbal, VP Finance and CFO, representing H.E. Muhammad Al Jasser, Chairman of IsDB Group, reflected on the institution's 50-year journey, stating: " Let us honor the progress we have made and the lessons we have learned while looking ahead with a shared sense of purpose and a renewed commitment to deliver meaningful, sustainable development for generations to come."
The symposium’s sessions covered key topics such as leveraging evaluation for strategic insights, responding to global shifts, and corporate evaluation learnings. A number of Panelists emphasized the importance of independence and rigor in evaluation. Dr. Sabine Bernabè from the World Bank Group said: “We must focus on harnessing new data, technology, and methods to improve the rigor, quality, and usefulness of evaluations, and most importantly, refocus on outcomes.”
Discussions also centered on the role of evaluations in addressing major international issues, including climate change. Discussants highlighted the importance of aligning operational strategies with evaluation recommendations to strengthen IsDB’s effectiveness and stressed the need to consider both intended and unintended impacts of development efforts.
Corporate evaluation was another focus area that enabled senior IsDB Group executives to shed light on how evaluations can influence organizational planning, improve risk management, and enhance development effectiveness. The discussions showed a growing need for more precise evaluations, particularly in corporate functions and ongoing operations.
On the second day dedicated to the private sector, insightful sessions explored adaptive evaluation strategies for the private sector to address global challenges and contribute to advancing the Sustainable Development Goals. H.E. Eng. Hani Sonbol, CEO of ITFC and Acting CEO of ICD, emphasized the importance of using sound monitoring and evaluation data to guide decision-making and accurately measure the social and environmental impacts of the entities’ financing. He stated: "If we are serious about moving from strategic intention to effective impact, which I know we are, we need robust monitoring and evaluation (M&E) systems to guide our actions and measure their effectiveness. Reliable data and evidence are the lifeblood of impact management."
The sixth edition of the Symposium was intended to foster innovative ideas and establish evaluation as a critical tool for shaping the strategic direction of the IsDB Group. As Mr. Ahmed Ag Aboubacrine, Acting Director of IEvD, noted in his closing remarks: “One of the key takeaways from this Symposium is that Learning is not an endpoint but a continuous process. Our ability to embrace learning at every opportunity ensures we stay agile, resilient, and forward-thinking in an ever-changing world.”
Jeddah, Kingdom of Saudi Arabia, 7 October 2024 -The IsDB’s Independent Evaluation Department (IEvD) hosted the International Program for Development Evaluation Training (IPDET) from October 3 to 7, 2024, in Jeddah. The training was conducted by Dr. Stefanie Krapp, Head of IPDET at the University of Bern, and Prof. Dr. Reinhard Stockmann, Director of the Center for Evaluation at Saarland University. A total of 26 participants from IsDB HQ, regional hubs, and partner institutions attended this comprehensive training focused on the fundamentals of evaluation.
The training covered five key modules, equipping participants with essential tools and methodologies for planning, conducting, and using evaluations. It enhanced participants’ understanding of evaluation theory and practice. The participants particularly appreciated the practical applications, and many expressed their intention to implement these newly acquired skills in their work.
Following this training, on October 9 and 10, an IPDET workshop on Evaluation Design was conducted by Dr. Jos Vaessen, Evaluation Advisor at the World Bank’s Independent Evaluation Group. The workshop equipped the 20 participants from IsDB and partner institutions with a greater understanding of ways to design evaluations that are both rigorous and useful for decision-making. Participants explored key principles of evaluation design such as reliability, validity, and methodological consistency. Real-world examples from development evaluations were used to allow participants to apply theoretical concepts to practical situations in their specific contexts.
The Arab Bank for Economic Development in Africa (BADEA), Alathar Impact Center, the King Abdullah Bin Abdulaziz International Foundation (KAHF), and Saudi Fund for Development (SFD) were represented at both learning activities, reflecting IEvD's commitment to strengthening evaluation capacity not only within the IsDB Group but also among its partners.
The IPDET training and workshop form part of IEvD’s Evaluation Learning Week, which also included pre-symposium seminars and the 6th IsDB Group Evaluation Symposium.
Jeddah, KSA, September 25 2024 – The Independent Evaluation Department (IEvD) hosted an insightful pre-symposium webinar on the role of International Financial Institutions (IFIs) in promoting accountability and fostering a culture of learning through evaluation. The session attracted more than 250 participants and featured a distinguished panel, moderated by Br. Nur Abdi, with opening remarks from Br. Ahmed Ag Aboubacrine, Acting Director of IEvD. The discussion centered on how evaluations drive transparency, efficiency, and continuous improvement in global development efforts.
Panel discussant Dr. Daouda Sembene, CEO of AfriCatalyst, emphasized the critical role of independent evaluation departments in IFIs to ensure accountability and learning. He advocated for stronger stakeholder engagement and highlighted that "evaluation is too important to be left to evaluators only" stressing the need for broader involvement of all stakeholders in the evaluation process. Another Panel member, Dr. Dirk-Jan Koch, from Radboud University, addressed three boundaries to learning within IFIs—ideological, technical, and institutional—encouraging organizations to continuously challenge assumptions and adapt policies accordingly.
The panelists collectively underscored the importance of making project documents accessible and improving public disclosure policies to promote accountability. They discussed how such measures can enhance trust among stakeholders and support the development of better evaluation practices across institutions. “…regularly updating the public (both tax payers and people who are supposed to benefit from the projects) about the status of projects, including successes and challenges, would allow stakeholders to better assess the bank’s effectiveness and ensure accountability.” said Dr. Dirk-Jan Koch.
Closing the session, Dr. Areef Suleman, Group Chief Economist of IsDB, emphasized that cultivating a culture of learning is key to addressing global challenges. He called for IFIs to prioritize sharing and implementing evaluation findings. “As we look towards the future, we should continue to cultivate a culture of learning within our institutions. This means not only conducting evaluations but actively utilizing their findings to inform policy and practice.”
Shanghai, China, 3 September 2024 – The Independent Evaluation Department (IEvD) organized a panel at the Asian Evaluation Week (AWE) 2024, in collaboration with the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB). The session titled "Utilizing Evaluation for Impactful Change in Institutional Delivery" brought together a distinguished panel of experts to discuss how institutional mandates can evolve to drive meaningful and impactful outcomes. Moderated by Br. Nur Abdi, Associate Manager of the IEvD’s Evaluation Learning and Outreach section, the panel featured insightful contributions from Br. Golam Mortaza, Senior Evaluation Specialist at IEvD, along with evaluation leaders from NDB and AIIB.
The session began with opening remarks by Mr. Emmanuel Y. Jimenez, Director General of the Independent Evaluation Department at the Asian Development Bank, setting the stage for a deep dive into the power of evaluation. Panelists shared experiences and best practices, emphasizing the importance of strategic alignment, systematic performance monitoring, and data-driven decision-making to foster institutional accountability and continuous improvement.
The panelists emphasized the importance of ensuring evaluations are relevant and timely, aligning with the evolving needs of institutions, while the evaluation departments should remain agile to provide insights that drive decision-making and organizational transformation. Rigorous analysis is essential to ensure the reliability of evidence and the credibility of recommendations, which enhances their impact on institutional change. Early engagement of stakeholders is crucial to developing a clear theory of change and successful outcomes. Additionally, evaluation recommendations should be practical, clearly communicated, and closely monitored for accountability and continuous learning, with tools like IsDB's STEER and ADB's MARS serving as effective models for tracking implementation.
The session was an excellent opportunity for professionals across the development sector to explore how evaluation can be leveraged for lasting organizational change. The valuable insights gained will help shape future strategies for promoting impactful institutional delivery. For more information on the Asian Evaluation Week 2024, please refer to the event’s website.
Jeddah, Kingdom of Saudi Arabia, 1 September 2024 – The Independent Evaluation Department (IEvD) convened the launch meeting of the Cluster Evaluation of the Special Assistance Operations in Ethiopia. The evaluation team, composed of Mr. Bashirullah Najimi and Dr. Reem Ahmed, presented key elements of the evaluation approach paper to gather feedback from stakeholders.
This evaluation will cover fifteen projects, primarily within the education sector. For most projects, field missions will be undertaken to conduct stakeholder interviews, focus group discussions, and observations. Data for the remaining projects will be collected through secondary data sources, project-specific questionnaires, virtual interviews, and focus group discussions.
IEvD Director, Mr. Ahmed Ag. Aboubacrine emphasized the benefit of this participatory approach, urging participants to actively engage in discussions and provide technical inputs to enhance the evaluation process and outcomes. "This evaluation is not merely about assessing the effectiveness of our projects; it represents a crucial opportunity for us to learn and enhance our future initiatives," stated Mr. Aboubacrine.
The meeting participants recognized the importance of this evaluation, particularly due to Ethiopia's status as a non-IsDB member country with the second highest Muslim population, its historic role in Islam, and the value of consolidating insights across various projects under the Special Assistance Program. A potential expansion of the evaluation to include the Ethiopia Scholarship Program was also discussed and will require further engagement with the relevant team.
The Evaluation team reiterated its commitment to closely collaborate with all relevant stakeholders, including the Ethiopian Muslim Affairs Supreme Council, to ensure the evaluation’s success. Mr. Abdirashid Warsame, Country Manager (Non-Member Country) from Special Assistance Division, noted that "the IEvD should also enlighten us about the context of our operation and help us understand any existing potentials to collaborate with other like-minded organizations and donors to amplify our impact and further contribute to inclusive development." Colleagues from the Cooperation & Capacity Development Department assured their utmost cooperation during the evaluation exercise to ensure a successful evaluation of the Special Assistance Operations in Ethiopia.
This evaluation is part of a broader effort to assess the effectiveness of the Islamic Development Bank’s (IsDB) Special Assistance Operations in Ethiopia. The IsDB has been working for many years to improve the lives of the communities it serves in Ethiopia, particularly through its Special Assistance Operations.
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