Jubaili Agrotec Group (IFC-606830)

Countries
  • Nigeria
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."
Borrower
Jubaili Agrotec Group
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.65 million
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 9, 2023

Disclosed by Bank Oct 26, 2022

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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.

According to the Bank’s website, the Jubaili Agrotec Group is a leading importer, distributor and formulator/manufacturer of agrochemicals in Africa. It's product portfolio of pesticides (i.e., insecticide, herbicide, fungicide), animal feed, veterinary drugs, fertilizer products, seeds and sprayers are distributed through its own retail networks (30%) and agro-dealers (70%) to small holder farmers to improve agricultural productivity. An IFC loan of $35M to Jubaili to expand its pesticides production plant in Nigeria, build a herbicide manufacturing plant in Ghana, and packaging materials facilities in Uganda and Tanzania is to allow it increase its sales and market shares in the target countries from 7-15% to 35%. In the implementation of the this MAS Advisory Services project, IFC will provide technical assistance to Jubaili to develop and deploy an ESMS for Jubaili’s agrochemicals production plant in Nigeria in compliance with IFC's Performance Standards, directly train farmers cooperative leaders as training of trainers (ToT) on the optimal use and handling of crop protection products (CPP) using a GAP digital training platform to train their members, and deploy the IFC ALP program to professionalize the last mile retailers. As Gender has become an integral part of IFC's projects, women farmers will be prioritized to participate in the direct capacity building programs using GAP digital training platforms.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Jubaili Agrotec Group Client -

Contact Information
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No contact information provided at the time of disclosure.

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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

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