Digitization of the distribution of Agri subsidies to Smallholder farmers in Senegal (IFC-608917)

Countries
  • Senegal
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
Approved
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
Jul 29, 2024
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
Government of Senegal - Ministry of Agriculture, Food Sovereignty, and Livestock
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Law and Government
  • Technical Cooperation
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)
$ 0.50 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.
Project Cost (USD)
$ 0.50 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 May 21, 2025

Disclosed by Bank Mar 11, 2025

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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, IFC is partnering with the Ministry of Agriculture, Food Sovereignty, and Livestock of Senegal (MASAE) to assist in digitizing the distribution of agricultural subsidies program in Senegal. This project aims to improve the efficiency and traceability of subsidy delivery and increase the reach of agricultural inputs to smallholder farmers. I. The project will primarily include the provision of technical assistance to the MASAE and relevant third parties in designing and implementing MASAE’s digitization plan for the distribution of agricultural subsidies in key value chains.

By leveraging digital solutions, the project aims to support the Ministry of Agriculture, Food Sovereignty, and Livestock of Senegal (MASAE)to enhance the efficiency, speed, and transparency of subsidy distribution in Senegal. This project aligns with Senegal’s overall food security agenda by ensuring that quality agricultural inputs do reach a larger number of farmers in key value chains

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

Estimated Total Budget: $500,000.00 (Project budget includes all project-funded activities)


Contact Information
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No contacts available at the time of disclosure.

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How it works