|Approval Date||16 Dec 2022|
|Planned Completion Date||18 Dec 2025|
|Last Disbursement Planned Date||18 Dec 2025|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The proposed operation is a UA 9.76 million ADF loan, a UA 18.24 million ADF grant and a USD 4.00 million ADRiFi MDTF grant (UA 3.03 million) to Burkina Faso to finance the Integrated Maize, Soya bean, Poultry and Fish Value Chain Development and Resilience Building Project (PIMSAR). The project complements another Bank project under consideration, the Integrated Livestock Value Chain Development Project (PDCVIE) which aims to improve livestock production through the development and integration of meat product value chains. The PDCVIE will cover the same project impact areas as PIMSAR and will build on the ecosystem to increase the productivity and production of the livestock introduced by the latter project for better synergy. PIMSAR will also complement the Emergency Project for Increasing Agricultural Production in Burkina Faso (PURPA-BF) under consideration which aims to contribute to increasing maize, rice, soya bean, cowpea, sorghum and wheat production to strengthen the people’s food security in the face of the impacts of the war in Ukraine. PIMSAR will rely on the production tools already put in place by PURPA (training and organization of actors, support to the seed industry, improvement of production tools, etc.). In addition, the increase in maize and soybean production will contribute to a better coverage of animal feed needs, which remains one of the objectives of PIMSAR. The total project cost during the five-year implementation period, including provisions for price escalation and physical contingencies, net of customs duties and taxes, is estimated at UA 41.59 million or about USD 54.90 million.
PIMSAR’s overall objective is to contribute to the integrated, climate-resilient and inclusive development of the maize, soya bean, poultry and fish value chains to strengthen food and nutrition security and combat gender inequalities. This overall objective is centred around the following four specific objectives: (i) Increase animal and fishery production and productivity and sustainably build people’s resilience; (ii) Process agricultural products (maize and soya bean) into high-quality food for animal and human consumption; (iii) Access end product markets and integrate various value chains, particularly for women; and (iv) Build the resilience of women and men to climate shocks and vulnerability. The project also aims to facilitate the transition to climate-resilient and low-carbon agriculture through the large-scale promotion of farm access to renewable energy (solar), compost, and other less polluting and locally produced technologies/inputs (phosphate, manure, etc.).
The project, which will be implemented in the Haut Bassin, Boucle du Mouhoun, Centre-West and Centre regions, will directly and indirectly benefit about 30 000 and 240 000 people respectively, at least 50% of them women. The project will also finance the activities of 7 500 internally displaced persons (IDPs) through the restoration of their productive capital in their areas of origin (depending on the level of security in such areas) or recapitalisation in their host areas.
African Development Fund
GOUVERNEMENT DE LA REPUBLIQUE DU BURKINA MINISTERE DE L'ECONOMIE ET DES FINANCES
|Last Update||26 Jan 2023|