Zambia Agribusiness and Trade Project (WB-P156492)

Countries
  • Zambia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
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 16, 2016
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
MINISTRY OF FINANCE AND NATIONAL PLANNIN
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 14, 2017

Disclosed by Bank Apr 12, 2016


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Project Description
The development objective of the Agribusiness and Trade Project for Zambia is to contribute to increased market linkages and firm growth in agribusiness. There are three components to the project, the first component being market linkages in agribusiness. This component aims to develop market linkages in agribusiness, focusing on two sets of beneficiaries: ‘emerging and poor farmers and growth-oriented agribusiness SMEs. Project interventions will have particular emphasis on improving the ability of emerging farmers and agribusiness SMEs to sustainably and commercially link into larger markets by structuring support around offtake opportunities that the private sector themselves identify as high potential. A linkages approach increases income, productivity, and employment growth for all those economic actors involved in the value chains where they engage and are directly and indirectly affected by the project activities. The second component is the strengthening the regulatory and institutional framework for agribusiness and trade. The objective of this component is to strengthen the regulatory and institutional framework for agribusiness and trade to assist the development of market linkages in agribusiness. Finally, the third component is the project management and monitoring and evaluation. This will finance the activities of the PIU. The PIU will oversee the implementation of project activities, fiduciary management, M&E, and reporting. In addition, the project will be implemented in such a way that it will be possible to carry out an impact evaluation to assess the additionality of the project. The continuous M&E of the implementation of policies and key programs will be a critical role of the PIU and therefore a strong emphasis will be placed on capacity building.
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name: Ministry of Finance Contact: Ronald Simwinga Title: Email: ronald.simwinga@mofnp.gov.zm Implementing Agencies Name: Ministry of Commerce, Trade and Industry Contact: Kayula Siame Title: Ms. Email: kayula2013@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.