Savannah Zone Agricultural Productivity Improvement Project (SAZAPIP) (AFDB-P-GH-AAZ-001)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Ghana
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
Active
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
Dec 15, 2017
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
MINISTRY OF FOOD AND AGRICULTURE
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)
$ 47.64 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 27.86
Converted using 2018-06-25 exchange rate.
Project Cost (USD)
$ 69.05 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 40.38
Converted using 2018-06-25 exchange rate.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 25, 2018

Disclosed by Bank Feb 27, 2017

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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 project has four components:

(i) Crop Productivity Improvement;

(ii) Value Chains Agribusiness Development;

(ii) Infrastructure Development; and

(iii) Project Coordination, Management, Monitoring and Evaluation.

Objectives

Project development goal: The development objective of the project is to transform agricultural value chains for food and nutrition security, job and wealth creation.

Rationale

The project has a great potential in contributing to the twin objectives of the Bank

Benefits

The benefits of the project include improved food and nutrition security, job creation and wealth creation for commodity value chain actors. Through improved agricultural production, productivity and market linkages, about 20,000 jobs will be created, of which women and youths account for about 60%, along the value chains. It is envisaged that there will be income increase by 25% along the value chains and employment of women and youth in the agriculture sector. The crowding in of private sector investment in terms of investment volume as a result of the demonstration of improved technologies and production systems will be a key indicator of success.

 

 

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.

BOAHEN Philip - AHAI2

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How it works