West Africa Food System Resilience Program (FSRP) - Phase 2 (WB-P178132)

Regions
  • Africa
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
Active
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 29, 2022
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
Republic of Ghana, Republic of Chad, Republic of Sierra Leone
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)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 315.00 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)
$ 315.00 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.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ WB website

Updated in EWS Mar 25, 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.

The development objectives of West Africa Food System Resilience Program (FSRP) Project is to increase preparedness against food insecurity and improve the resilience of food systems in participating countries. This project has five components. 1) The first component, Digital Advisory Services for Agriculture and Food Crisis Prevention and Management, has the following sub-components: (i) Upgrading Food Crisis Prevention and Monitoring Systems; and (ii) Strengthening Digital Hydromet and Agro-Advisory Services for Far. 2) The second component, Sustainability and Adaptive Capacity of the Food System’s Productive Base, has the following sub-components: (i) Consolidate Regional Agricultural Innovation System; and (ii) Strengthen Regional Food Security through Integrated Landscape Management. 3) The third component, Regional Food Market Integration and Trade, has the following sub-components: (i) Facilitate Trade Across Key Corridors and Consolidate Food Reserve System; and (ii) Support the Development of Strategic and Regional Value Chains. 4) The fourth component, Contingent Emergency Response Component, allows funds to be disbursed rapidly to reduce damage to infrastructure, ensure business continuity, and recover more rapidly from a disaster. 5) The fifth component, Program Management, aims to strengthen the capacity of the Project Implementation Unit (PIU) and finance all aspects of project implementation and management.

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.

Substantial

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

Contact Information
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"No contacts available at the time of disclosure.”

 

 


ACCESS TO INFORMATION

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ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

How it works

How it works