Support to Economic Recovery and Job Creation in the Agri-Food Sector and Rural North West (WB-P175641)

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
Microfinanza SRL
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
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.
Primary Source

Original disclosure @ WB website

Updated in EWS Apr 4, 2022

Disclosed by Bank Feb 22, 2021


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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 o bank documents, the Project objective is to help restore and promote job creation in the agri-food sector in the targeted Governorates.

he project has three components:

  1. Component 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. An implementing agency will deliver this technical assistance. It will disseminate information to potential PO and SME investors, including reaching out more specifically to youth and women entrepreneurs, and organize calls for proposals. This will include facilitating the dialogue with relevant authorities, private sector associations, and other stakeholders to ensure that the investment project submission are consistent with the understanding of the territory and the opportunities and constraints of the sector/segments. The implementing agency will help POs and SMEs develop technically sound and commercially viable business. It will ensure that investment project proposals submitted to TRACE Matching Grant have a strong potential to be profitable and sustainable to ensure business growth and create jobs, while improving producers’ resilience and economic inclusion.

  2. Component 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. Grants will be capped to 70% of the cost of the proposed investment project and will finance small-scale equipment and inputs, and soft activities (technical and managerial training and advice, marketing guidance and market intelligence, etc.). Eligible activities will cover the wide range of opportunities offered by the agri-food sector and agrirural entrepreneurship ranging from: farming production and processing, agri-service providers (input and technology supplies, advisory services, etc.), to post-harvest operations (storage, processing, packing, etc.). This will also cover the valorization of cultural and natural resources through handy craft and rural tourism.

  3. Component 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. The implementing agency will have to provide (technical and fiduciary) monitoring reports, will report progress against TRACE objectives and indicators, will be subject to regular fiduciary verification, annual audits and technical supervision. It will coordinate with other Government's operations and donorfunded projects, looking for cooperation and potential synergies. Implementation will also be closely coordinated with the other TRACE technical assistance activity managed by the Bank under the BETF on specific skills development such as smart agriculture, market intelligence, access to export markets, online/digital marketing, e-commerce, among others.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Microfinanza SRL Client -

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:
Microfinanza SRL
The World Bank
Contact : Giampietro Pizzo
Title : President
Telephone No : 00390444326792
Email : info@microfinanza.com

Implementing Agency:
Microfinanza
Contact : Giampietro Pizzo
Title : President
Telephone No : 00390444326792
Email : info@microfinanza.com

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission 

ACCOUNTABILITY MECHANISM OF THE 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. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint 

How it works

How it works