Senegal - The South Agro-Industrial Processing Zone Project (PZTA-Sud, or Agropole Sud) (AFDB-P-SN-AAG-003)

Countries
  • Senegal
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
Dec 18, 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
MINISTERE DE L'ECONOMIE ET DES FINANCES
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 24.90 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 U.A 34,594,021.9
Converted using 2019-12-18 exchange rate.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 14, 2020


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Project Description

The South Agro-Industrial Processing Zone Project (PZTA-Sud, or Agropole Sud) is among the flagship projects of Senegal's Vision 2035 Emerging Senegal Plan (PSE). It raises the number of growth drivers from two (telecommunications and services) to six, the four new ones being agriculture and agribusiness, housing, mining and tourism. PZTA-Sud aims to create the conditions for increased private investment in targeted value chains, including agricultural processing, input supply and service provision. The expected outcomes concern improving the food and nutritional security of beneficiaries as well as their income through improved access to markets, agricultural inputs, and services. To this end, the project provides for (i) the increase in private investment thanks to the facilities provided (more favourable business ecosystem, construction of a central agro-industrial module (Adeane), three (3) regional modules (Bignona, Sedhiou and Kolda) and five (5) aggregation and service platforms; and (ii) capacity building of value chain actors in agro-industrial sectors (structuring/organisation of value chains, training, ease of access to finance, production by researching in-vitro mango, cashew, maize seedlings, etc.). The project consists of three (03) components, namely : (a) support for the establishment of a business ecosystem conducive to private investment in agro-industry; (b) sustainable improvement of the capacities of producers in the agro-industrial sector; (c) coordination, management and monitoring-evaluation.

The project goal is to contribute towards reducing rural poverty and increasing the share of agro-industry in the country's economic growth.

The main beneficiaries of the project are the populations of the regions of Ziguinchor, Kolda and Sedhiou. The number of households that will be affected is estimated at 65,000, or about 365,000 people (of which 50% women and 60% youth). The number of people who will be indirectly affected corresponds to the population of the natural region of Casamance estimated at 2 million in 2018.

Investment Description
  • African Development Bank (AFDB)
Contact Information

KANE Mamadou

m.a.kane@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/.