Ghana - Additional Financing to Savannah Investment Program (SIP) (AFDB-P-GH-A00-017)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Ghana
Geographic location where the impacts of the investment may be experienced.
Specific Location
Bole,Nandom,West Gonja,Wa,Tamale,Adenta,Ledzekuku-Krowor,Nkwanta South,Kassena Nankana, and others
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • African Development Bank (AFDB)
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
B
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
Dec 14, 2023
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 Ghana
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 Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 20.15 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.
Grant Amount (USD)
$ 20.15 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)
$ 21.20 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 @ AFDB website

Updated in EWS Mar 7, 2024


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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.

As stated by the AfDB, the project development objective is to increase climate-smart local food production, enhance food and nutrition security for women, youth and vulnerable groups in 12 selected districts in the Savannah Zone. The project is expected to contribute to Government’s flagship programme, Planting for Food and Jobs 2.0 (PFJ 2.0) which focuses on 11 prioritized commodities including maize, soybean, rice, sorghum, plantain, yam, cassava, vegetables (tomato, pepper and onion) and poultry.

The project is an additional financing to Savannah Investment Program (SIP) for Building Resilience for Food and Nutrition Security in the Northern Savannah Ecological Zone of Ghana. The Savannah Investment Program (SIP) is the base Project for the Additional Financing. The overall goal of the Program is to reduce importation of animal protein, enhance competitiveness of the poultry industry, improve small ruminants breeds and contribute to improved food and nutrition security. The project has four main components, namely: i) climate resilient agricultural production for women and youth; ii) women and youth participation in poultry production; iii) sustainable value chain development; and iv) project management and institutional support.

The additional financing will support individual farmers who are dispersed in 12 districts of the Savannah Ecological Zone of Ghana. The subprojects or the individual farmer’s undertakings will be on existing farmlands. The size of these undertakings is very small and when individually taken will have low environmental and social risks. The use of agrochemicals, especially fertilizers, which the project will procure for farmers will pose moderate environmental and social risks.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The AfDB categorized the project risks as follows -
Environmental Category: 2
Climate Safeguards Categorization: 2

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

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.

AfDB Team Leader:

Philip Boahen
Email: p.boahen@afdb.org

Borrower - Ministry of Finance:

Address: 28th February Road, Finance Drv, Accra
Phone: +233 302 747 197
Email: info@mofep.gov.gh
Website: https://mofep.gov.gh/

Implementing Agency - Ministry of Food and Agriculture:

Phone: +233 (0) 50 916 3727
Email: info@mofa.gov.gh
Website: https://mofa.gov.gh/site/

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBÕs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process 

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/ 

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How it works