ETHIOCHICKEN DSI (IFC-603092)

Countries
  • Ethiopia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
May 22, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
ETHIOCHICKEN
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 17, 2021

Disclosed by Bank Oct 12, 2020


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The objective of the project is to increase the availability of poultry products into the rural market through professionalizing the distribution system of improved poultry breeds and feed in four main regions of the country.

The project activities will be implemented jointly with ETHIOCHICKEN over 3 years.

The project will engage mainly with the client and its distribution system (i.e. poultry agents and feed dealers) to strengthen its operation and facilitate its growth. The advisory project comes before the IFC investment, to demonstrate the viability of such innovative business model and its potential replication for development impact.

The project will have two main objectives:

1. Increase the effectiveness and professionalize 1,000 Ethiochicken agents and 70 feed dealers through customized training and coaching
2. Design input sourcing business model for feedmill aimed at improving quality through better management and storage.

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

The objective of the project is to increase the availability of poultry products into the rural market through professionalizing the distribution system of improved
poultry breeds and feed in four main regions of the country.
The project activities will be implemented jointly with ETHIOCHICKEN over 3 years.
The project will engage mainly with the client and its distribution system (i.e. poultry agents and feed dealers) to strengthen its operation and facilitate its growth.
The advisory project comes before the IFC investment, to demonstrate the viability of such innovative business model and its potential replication for development
impact.
The project will have two main objectives:
1. Increase the effectiveness and professionalize 1000 Ethiochicken poultry agents and 70 feed dealers through customized training and coaching
2.Design input sourcing business model for feedmill aimed at improving quality through better management and storage. 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

No investment type available at the time of the snapshot


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works