Support to Economic Recovery and Job Creation in the Agri-Food Sector and Rural Space (WB-P174017)

Countries
  • Tunisia
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.
Project Status
Pipeline
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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."
Borrower
Union Tunisienne de Solidarité Sociale
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Project Cost (USD)
$ 1.00 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 Jun 19, 2020

Disclosed by Bank Jun 2, 2020

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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.

According to bank documents, the Project objective is to help restore and promote job creation and strengthen smallholder producer participation in the agri-food sector and rural entrepreneurship.

The project has three components:

  1. Technical assistance to POs and SMEs. The implementation of the proposed matching grant instrument will require technical assistance to POs and SMEs to prepare and select technically sound and financially and commercially viable investment projects.

  2. Grants for agri-food and rural job creation. TRACE Matching Grant will provide non-reimbursable financial contributions (grants) to investment projects submitted by POs and SMEs engaged in agri-business activities ranging from production, processing to marketing with the objective to help business growth and job creation.

  3. Project management and coordination. The Project will provide resources to the implementing agency (see information below) to properly deliver technical assistance and operate the matching grant, while meeting the Bank's fiduciary and safeguards requirements
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.

World Bank:
Contact : Olivier Durand
Title : Senior Agriculture Economist
Telephone No : 5714+3011

Contact : Zouhour Karray
Title : Program Manager
Telephone No : 5714+3069

Borrower: Union Tunisienne de Solidarité Sociale

Implementing Agency:
Union Tunisienne de Solidarité Sociale
Contact : Lotfi Messaoudi
Title : Director
Telephone No : 21698548581
Email : lotfi_sj_bz@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: https://www.inspectionpanel.org.

How it works

How it works