Guinea - Special Agro-Industrial Processing Zones Development Programme (PDZTA-BK) (AFDB-P-GN-AA0-023)

Countries
  • Guinea
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
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
Sep 27, 2019
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
GOUVERNEMENT DE GUINEE
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 Jun 17, 2020


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Project Description

The Boke and Kankan Special Agro-Industrial Processing Zones Development Programme (PDZSTA-BK) is the first phase of a programme to develop ten (10) agrihubs. The PDZTA-BK's objective is to provide Guinea with support to implement its agricultural transformation process by promoting private investments by establishing conditions and implementing a wide range of incentive measures that will attract national and international private sector investors to the Boke and Kankan agro-industrial parks. The programme area covers the two (2) regions of Boke and Kankan, whose hydro-agricultural and socio-economic potential warrants the establishment of a production and processing system for agricultural products which constitute these regions' potential. The programme is based on the establishment of agro-parks for the upstream processing of production and to serve as outlets for agricultural products, thereby contributing to an all-round drop in imports of agro-food products whose volume and amounts are approaching worrisome levels. The programme will be implemented through the following three (3) components: (i) Establishment of governance in the Special Agro-Industrial Processing Zones (APZ); (ii) Development of processing and access infrastructure; and (iii) Programme coordination and management. In accordance with its strategic directions, the country will contribute to the processing of agricultural products while improving productivity and production in growth sectors, resulting in a reduction in the imports of various agro-food products, with as main outcome the transformation of Guinean agriculture and improvement of food and nutrition security.

The programme's goal is to contribute to the reduction of food imports and improve Guinea's food and nutrition security by establishing private sector-driven agro-industrial development hubs.

The Bank's intervention will contribute to the development of two (2) major regions in Guinea with an administrative area of about 103,333 km2, of which 31,186 hectares lie in the Boke Region with an arable land area of about 2,720,000 ha, of which 800,000 ha lie solely in the Boke Region. The programme will cover about 110,000 ha throughout the entire programme area (PA) and have a considerable impact on about 220,000 direct beneficiaries and 670,000 indirect beneficiaries, 50.7% of whom will be women.

Investment Description
  • African Development Bank (AFDB)
Contact Information

ATTIOGBEVI-SOMADO Eklou

e.attiogbevi-somado@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/.