TECHNOLOGIES FOR AFRICAN AGRICULTURAL TRANSFORMATION (AFDB-P-Z1-A00-016)

Regions
  • Africa
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
Nov 28, 2017
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.
Sectors
  • Agriculture and Forestry
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, etc.
Investment Amount (USD)
$ 29.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 29.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 11, 2018

Disclosed by Bank Aug 7, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to AFDB website, the overall goal of TAAT is to develop and deliver powerful and proven agricultural technologies to the Bank's RMCs as a means of achieving its bold Agricultural Transformation Agenda. It will allow Africa to better feed itself and transform its economies by targeting agriculture as a source of wealth and job creation. This goal for Africa has four main objectives; 1) eliminating extreme poverty, 2) ending hunger and malnutrition, 3) achieving food self-sufficiency and turning Africa into a net food exporter, and 4) setting Africa in step with global commodity and agricultural value chains.

The TAAT Project consists of three components:

Component 1. Production, Productivity and Competitiveness, with Production, Productivity, and Competitiveness subcomponents.

Component 2. Enablers, with Capacity Development, Policy, and Finance (including Instruments) sub-components

Component 3. Project Management and Coordination, with Clearinghouse, and Project Management sub-components.

Investment Description
  • African Development Bank (AFDB)
Contact Information

No contact information provided at the time of disclosure.

 

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/.