Transformation of Agriculture Sector Program 4 Phase 2 (WB-P161876)

Regions
  • Africa
Where the impacts of the investment may be experienced.
Countries
  • Rwanda
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
Approved
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
May 29, 2018
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
Government of Rwanda
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 Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
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.
Loan 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)
$ 289.92 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 Jun 13, 2018

Disclosed by Bank Mar 1, 2018


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Project Description

According to WB website, the project intends to promote the commercialization of agriculture value chains in Rwanda. Rwanda is increasingly recognized as a global example in the pursuit of the Sustainable Development Goals (SDG) and in preparing for the global challenges of climate change. Ministry of Agriculture and Animal Resources (MINAGRI) has prepared its fourth Strategic Plan for Agriculture Transformation (PSTA4), an articulation of how the government proposes to implement the updated National Agricultural Policy (NAP). PSTA4 is also aligned with National Policies and Strategies including Vision 2050, Rwanda’s National Strategy for Transformation (NST 1), and relevant sub-sector strategies.

Investment Description
  • World Bank (WB)
Contact Information
Ministry of Agriculture and Animal Resources (MINAGRI)
Mr. Jean Claude Kayisinga
Permanent Secretary
Telephone No : +250252575756
Email : jckayisinga@minagri.gov.rw

 

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