Natural Resources Operations Support and Enhancement (ADB-54381-001)

Countries
  • Afghanistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.56 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 23, 2021

Disclosed by Bank Nov 20, 2020


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Project Description

Under this project FMO is going to support Sucafina to develop ‘Farmer Hubs’.  Farmer Hubs are both physical and digital businesses that create economically successful farmers through business models being tailored to the different origins and types of farmers. The project is designed in three phases, from i) incubation to ii) piloting to iii) scaling.

Investment Description
  • Asian Development Bank (ADB)
Private Actors
Private Actors Description

Sucafina, one of the leading coffee traders in East Africa, sourcing large volumes of coffee through its mainstream business, as well as premium coffee in smaller volumes, but with higher margins.

Contact Information

ACCESS TO INFORMATION

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ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.