Commercial Agriculture Project (WB-P159979)

Countries
  • Congo, Democratic Republic of
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
Jul 13, 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.
Borrower
Republic of Congo
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 100.00 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)
$ 100.00 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 25, 2017

Disclosed by Bank Oct 26, 2016


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Project Description
The development objective of Commercial Agriculture Project for Republic of Congo (ROC) is to improve productivity of farmers and market access for producer groups and micro, small and medium agribusiness enterprises, in selected zones of the territory of the Recipient, and provide immediate and effective response in the event of an Eligible Crisis or Emergency. This project has four components. 1) The first component, Direct support to producer groups and agribusiness Micro, Small, and Medium Enterprises (MSMEs), seeks to increase productivity sustainably and market access along value chains, and improve food and nutrition security. Support provided under this component will be through a matching grant program financing technical assistance and productive investments to support production, marketing, and processing activities. This component has the following two subcomponents; (i) Sustainable intensification and commercialization of crop and animal production; and (ii) Development of agro-industrial activities. 2) The second component, Improving public infrastructure and the business climate for commercial agriculture, aims to foster the development of commercial agriculture by lifting constraints in terms of infrastructure and business climate. This component consists of the following two subcomponents: (i) Public infrastructure for the development of commercial agriculture; and (ii) Governance and regulatory framework for commercial agriculture. 3) The third component, Strengthening institutional capacity to support the development of commercial agriculture, to strengthen the capacity of public and non-public service providers involved in the implementation of project activities and or supporting the development of commercial agriculture in the ROC.
Investment Description
  • World Bank (WB)
Contact Information
Ministry of Agriculture, Fisheries and Livestock Henry Djombo State Minister pdarp_maep@yahoo.fr 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.