CABINDA PROVINCE AGRICULTURE VALUE CHAINS DEVELOPMENT PROJECT (AFDB-P-AO-AAZ-001)

Countries
  • Angola
Where the impacts of the investment may be experienced.
Specific Location
Cabinda Province
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
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.
Voting Date
Dec 15, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Angola
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jan 7, 2020


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Project Description

According to bank documents, the specific project objectives are to increase farmers' food security and incomes through increased agricultural output and value addition of selected commodities

The project will be a value chain development intervention on selected commodities. It will focus on the provision of the enabling environment for agricultural development of crops (cassava, sweet potato, peanut, beans, coffee, cocoa and oil palm); marine and inland fisheries; small livestock (poultry and small ruminants); and horticulture (vegetables and fruits). It will also deal with the rehabilitation and construction of rural infrastructure, namely feeder roads, market centers, health centers, primary schools, and improve rural energy access. The overall sector goal of the proposed Project is to contribute to wealth creation, as well as food security. Its specific objective is to increase, on a sustainable basis, the income of smallholder farmers and rural entrepreneurs that are engaged in the production, processing, storage and marketing of the selected commodity value chains.

Investment Description
  • African Development Bank (AFDB)

Total cost: 91610018.79
Currency: UAC

Source(s) of financing:
AfDB: 75182432.88
Government: 16428198.43

Contact Information

Task Manager: EGHAN Mark, AHAI2

Implementing Agency: BUREAU D' EXECUTION DU PROJET BAD-FAD EDUCATION II

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/.