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

Regions
  • Africa
Where the impacts of the investment may be experienced.
Countries
  • Ghana
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
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
MINISTRY OF FOOD AND AGRICULTURE
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)
$ 47.64 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. 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, converted to USD$. Please see updated project documentation 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

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
  • African Development Bank (AFDB)
Contact Information

BOAHEN Philip - AHAI2