Benin - Cashew Nuts Sector and Agricultural Entrepreneurship Development Support Project (PADEFA-ENA) (AFDB-P-BJ-A00-005)

Countries
  • Benin
Geographic location where the impacts of the investment may be experienced.
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
U
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
Apr 3, 2019
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
MINISTERE DE L'AGRICULTURE DE L'ELEVAGE ET DE LA PECHE
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 Amount (USD)
$ 9.38 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.
Currency conversion note:
Bank reported UA 13,030,000
Converted using 2019-04-03 exchange rate.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 17, 2020

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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 present intervention concerns the Cashew Nuts Sector and Agricultural Entrepreneurship Development Support Project (PADEFA-ENA). The project will help, through a sector value chain and integration approach, to create an enabling environment for developing small- and medium-sized enterprises (SMEs) in the cashew nut sector, for the employment of youths and women, and the creation of a sustainable impact on local development. The main expected outputs include: (i) re-profiling 145 km of access roads; (ii) building and equipping 5 RCN storage warehouses each with a capacity of one thousand tonnes; (iii) rehabilitating 15,000 ha of old cashew nut plantations and supporting the creation of a modern cashew orchard of 3,000 ha for an expected improved yield of 700 kg per hectare; (iv) supporting job creation, identified in the various links of the sector, for 10,000 youths and women; (v) supporting the construction and equipment of 20 satellite RCN shelling units for the benefit mainly of women and 20 walnut and cashew apple processing units; etc. The three (03) main components of the project are: (i) resilience of cashew producers and increased carbon sequestration potential; (ii) development of value chains; as well as (iii) project coordination and management.

The sector objective of the project is to contribute to poverty reduction and improvement of food and nutritional security in Benin. The specific objective is to contribute sustainably to raise the income of stakeholders and the productivity of the cashew nut chain in Agricultural Growth Pole No. 4 (AGP 4).

The direct beneficiaries are: (i) cashew nut farmers; (ii) cashew nut traders; (iii) raw cashew nut processors; (iv) exporters; and (v) the inter-professional cashew nut sector (IFA) and its regional and divisional constituents. The project will indirectly benefit the end consumers, as well as stakeholders involved or associated with the project at various levels.

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.

MANOMI Ibro

i.manomi@afdb.org

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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