Groundnut Competitiveness and Agriculture Diversification Program For Results (WB-P164967)

Countries
  • Senegal
Geographic location 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.
Bank Risk Rating
B
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
Feb 14, 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
REPUBLIC OF SENEGAL
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)
$ 150.00 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.
Project Cost (USD)
$ 225.00 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 29, 2018

Disclosed by Bank Sep 28, 2018

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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.
<div style="left: 120.04px; top: 454.483px; font-size: 18.4px; font-family: sans-serif; transform: scaleX(0.892546);">The Development Objectives of the proposed Program are to improve the competitiveness of the groundnut value chain and to increase the resilience to climate and market risks of farmers and herders in the Groundnut Basin.This is further broken down into four specific objectives including;</div> <div style="left: 120.04px; top: 454.483px; font-size: 18.4px; font-family: sans-serif; transform: scaleX(0.892546);">(i) Increased agricultural production and productivity with the following activities. This objective aims to sustainably increase agricultural production and productivity through diversified and qualitative products, able to meet the consumption needs of the population, to provide raw materials for the domestic processing industry and to be competitive in international and regional markets</div> <div style="left: 120.04px; top: 454.483px; font-size: 18.4px; font-family: sans-serif; transform: scaleX(0.892546);">(ii) Diversified agricultural production systems.This objective aims at developing diversified agricultural value-chains, taking full advantage of the various agro-ecological zones of the country, in order to give rural populations more income opportunities, in particular through increased support to high added-value agricultural value-chains</div> <div style="left: 120.04px; top: 155.033px; font-size: 18.4px; font-family: sans-serif; transform: scaleX(0.924729);">(iii) Strengthened agricultural services framework. This objective aims at developing agricultural and rural research, training and advice, facilitate farmers&rsquo; access to finance and creating a regulatory environment conducive to private sector investments;</div> <div style="left: 120.04px; top: 155.033px; font-size: 18.4px; font-family: sans-serif; transform: scaleX(0.924729);">(iv) Improved agriculture sector governance facilitating the dialogue between all relevant stakeholders to ensure an efficient implementation of the sector&rsquo;s development policies</div>
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Dr Dogo SECK
Ministry of Agriculture and Rural Equipment
Secretary General
dogo.seck@maer.gouv.sn

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.

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