Togo - Agro-Food Processing Project (PTA-TOGO) - Additional Financing (AFDB-P-TG-AA0-012)

Countries
  • Togo
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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
Apr 15, 2019
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
MINISTERE DE L'ECONOMIE ET DES FINANCES GOUVERNEMENT DU TOGO
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 2.88 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 UA 4,000,000
Converted using 2019-04-15 exchange rate.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 17, 2020

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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.

The proposed operation concerning a UA 4 million grant of additional funding from the Nigeria Trust Fund (NTF) under the Togo Agro-Food Processing Project (PTA-Togo). PTA-Togo being a pilot project implemented as part of the Togo AgropolesStrategic Development Plan 2017-2030and the Feed Africa Initiative 2016-2025. This NTF additional financing should allow for the development of part of the irrigated areas (for sustainable increase in agricultural productivity) and also helps to guarantee access to drinking water for households and small and medium-sized enterprises (SMEs) located in village centres, particularly those involved in the processing of agricultural products and related service delivery. It is, therefore,intended to finance the implementation of these two essential components that would increase the resilience of agro-pastoral production systems and boost agricultural processing capacities to ensure the achievement of the project's expected outcomes. The implementation of activities financed from the NTF loan will run from April 2019 to 31 December 2023.

This additional funding from the Nigeria Trust Fund (NTF) is intended to finance the development of irrigated areas and drinking water supply systems in certain localities in the initial project area (Kara region). The specific objective of the NTF loan is (i) to develop gravity irrigated areas (about 600 ha) downstream of the agro-park dam; (ii) provide drinking water supply (DWS) to four village centres and secondary localities to meet the needs of households and agro-entrepreneurs, drill 30 boreholes equipped human-operated pumps and rehabilitate 8 boreholes equipped with human-operated pumps.

The population of the Kara Region estimated at 769,940 will benefit directly from the fallout from this operation.

Investment Description
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Contact Information
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BICABA Aimé

a.bicaba@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/.

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