Food Security Project (WB-P000400)

Countries
  • Cameroon
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Closed
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
Jul 2, 1991
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 Cameroon
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 11.00 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)
$ 19.20 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.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 9, 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.

According to the Bank’s website, the overall objective was poverty reduction. This was to be achieved through (i) employment creation and raising the purchasing power of rural groups, particularly women; (ii) reduce the impact of locust attacks on food prodution in northern areas; (iii) increase food marketing and storage efficiency; (iv) improve dietary practices of vulnerable groups.

Components: (i) Micro-projects: to finance income generating micro-projects prepared by groups at grass roots level; (ii) locust control: to reduce locust attacks by aerial spraying; (iii) early warning system: to establish a fully operational early warning and information system to avert famines; (iv) market infrastructure: to build and renovate about 30-40 markets in secondary cities and rural communes; and (v) nutrition education: to pilot an education program through research, testing and dissemination of nutrition messages targeted at high risk groups.

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

At appraisal (1989) estimated costs were US$35.3 million, of which IBRD was to provide US$23.0 million. The project closed 6 months ahead of schedule on December 31, 1998 (except for the locust control component which closed on May 31, 1999). Actual project costs were US$19.2 million, with IBRD contribution being US$11.0 million and Japan providing a grant of US$5.1 million. An amount of US$10.6 million of the IBRD loan was cancelled in 1997.


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.

No contacts available at the time of disclosure.

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How it works