Original disclosure @ AFDB website
Updated in EWS Jan 30, 2023
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The proposed operation is a UA 9.76 million ADF loan, a UA 18.24 million ADF grant and a USD 4.00 million ADRiFi MDTF grant (UA 3.03 million) to Burkina Faso to finance the Integrated Maize, Soya bean, Poultry and Fish Value Chain Development and Resilience Building Project (PIMSAR). The project complements another Bank project under consideration, the Integrated Livestock Value Chain Development Project (PDCVIE) which aims to improve livestock production through the development and integration of meat product value chains.
The PDCVIE will cover the same project impact areas as PIMSAR and will build on the ecosystem to increase the productivity and production of the livestock introduced by the latter project for better synergy. PIMSAR will also complement the Emergency Project for Increasing Agricultural Production in Burkina Faso (PURPA-BF) under consideration which aims to contribute to increasing maize, rice, soya bean, cowpea, sorghum and wheat production to strengthen the people’s food security in the face of the impacts of the war in Ukraine. PIMSAR will rely on the production tools already put in place by PURPA (training and organization of actors, support to the seed industry, improvement of production tools, etc.). In addition, the increase in maize and soybean production will contribute to a better coverage of animal feed needs, which remains one of the objectives of PIMSAR. The total project cost during the five-year implementation period, including provisions for price escalation and physical contingencies, net of customs duties and taxes, is estimated at UA 41.59 million or about USD 54.90 million.
The project involves an investment of UA 28 million.
Project contacts not available at the time of disclosure.
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