Early Warning System

Regions

Africa

Geographic location where the impacts of the investment may be experienced.

Countries

Senegal

Geographic location where the impacts of the investment may be experienced.

Specific Location

Matam, Louga, Saint Louis Department

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

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

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

Nov 22, 2023

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

Government of Senegal

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Agriculture and Forestry
Industry and Trade
Infrastructure

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 95.00 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.

Loan Amount (USD)

$ 95.00 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.

Project Cost (USD)

$ 308.18 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 283.05
Converted using 2023-11-22 exchange rate.

Bank Documents

Primary Source

Original disclosure @ AFDB website

Updated in EWS Mar 12, 2024

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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.

As stated by the AfDB, the main objective of the project is to improve industrial processing capacities for agro-sylvo-pastoral and halieutic (ASPH) products and related services, and to sustainably increase household incomes and food security in the Northern Agropole. The specific objectives are: i) to encourage the processing of ASPH products by setting up agro-industrial parks and promoting private investment, and ii) to boost the production and productivity of agro-industrial sectors, wealth creation and community resilience in the face of climate change.

The operation for the Projet de Zone de Transformation Agro-industrielle du Nord (PZTA-Nord or Agropole-Nord) consists of a syndication in which the Bank's participation amounts to 86.89 million euros (30.7%) out of a total cost of 283.05 million euros. This intervention aims to develop and modernize the agricultural economy in the North zone by accelerating the industrial transformation of products from the main Agro-Sylvo-Pastoral and Halieutic (ASPH) value chains, which have real potential in terms of import substitution (rice, corn, farmed fish, milk, onions, tomatoes, meat, wheat) and export (gum arabic, onions, hides and skins, etc.), while occupying a significant number of households. By setting up an integrated ecosystem of infrastructures and services along the production, processing, and marketing chains for processed products, the Northern Agropolis will gradually ensure the capture of added value and the generation of additional income for households in the area.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The AfDB categorized project risks as follows -
Environmental Category: 1
Climate Safeguards Categorization: 2

People Affected By This Project

People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

African Development Bank (AFDB)

Private Actor Relationship

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Private Actors Description

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.

AfDB Team Leader:

Mamadou Kane
Email: m.a.kane@afdb.org

Implementing Agency - Ministry of Finance:

Address: Rue René Ndiaye x Avenue Carde, BP:4017 Dakar
Phone: +221 33 889 21 00
Email: infos@minfinances.sn
Website: https://www.finances.gouv.sn/

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBÕs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process

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/