Original disclosure @ AFDB website
Updated in EWS Sep 6, 2022
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The proposed operation is for an ADB loan of Sixty-Three Million Euros (EUR 63.0 million) to the Republic of Kenya to finance the African Emergency Food Production Facility (AEFPF). The proposed project's design will benefit from lessons learnt through implementation of similar on-going Bank projects in Kenya and experience gained elsewhere. The key lessons learned from these projects and reflected in this project's design include: Focussing on fewer but concise components is critical to ensure delivery of results; There is need for a robust results-based monitoring and evaluation system; Need for efficient contract management cannot be over-emphasized; and since available resources can rarely meet all the envisaged needs, a narrower target criteria and embracing the poor in particular can help with better focusing of the assistance. The project was appraised on 13-17 June 2022 following a government request for support dated 9th June 2022 and will be implemented from 31st July 2022 to 31st July 2024. The program will contribute to strengthening food security and resilience of the Kenyan economy, with particular emphasis on increasing national agricultural productivity, mitigating food security risks, and enhancing private sector and fiscal resilience.
The principal goal of the AEFPF is to increase agricultural productivity and production to improve food security in Kenya in the short term and to mitigate the impacts of the Russia-Ukraine war on food by supporting farmers and governments with the necessary resources. The main purpose is to ensure that Kenyan farmers can access agricultural inputs cost effectively to ensure that current food challenges do not worsen over time and progressively lead to decline in food production. It therefore supports short-term interventions that are critical to sustaining food production resulting in some long-term effects.
The direct beneficiaries of the AEFPF will include 50,000 (40% women) small-scale farmers who will receive certified seeds and fertilizers at affordable rates along with extension services. However, other secondary beneficiaries include various stakeholders along the production value chain for the selected crops, wheat, maize, rice, and soybean. These include aggregators, fertilizer and seed companies, financial institutions, agro-processors, and producer associations.
Not Disclosed
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