|Approval Date||02 Dec 2021|
|Signature Date||23 Feb 2022|
|Planned Completion Date||30 Jun 2027|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31163|
The proposed intervention involves a UA 20 million ADF financing comprising a UA 10.62 million loan and a UA 9.38 million grant to the Republic of Benin to finance the Milk and Meat Sub-sector Development and Livestock Enterprise Promotion Support Project (PRODEFILAV-PEL). The project will be implemented over a five-year period, from 2022 to 2026. It will prioritize climate-resilient and low-carbon solutions as well as the implementation of innovative financing mechanisms to involve the private sector in the creation and promotion of modern livestock enterprises. PRODEFILAV-PEL will provide livestock enterprises with: (i) easy access to financing and markets; (ii) easy access to best stockbreeding practices and innovative business models; and (iii) an enabling environment for job creation. The project will support young entrepreneurs in designing sound business strategies, thus helping to improve the productivity of milk and meat value chains. It will also contribute to implementing Benin’s Nationally Determined Contributions (NDCs) under the Paris Climate Agreement. It is one of the priority projects designed to support the implementation of the country’s revised NDCs.
The project development goal is to improve the productivity and profitability of the milk and meat sub-sectors in a sustainable and climate-smart manner in its impact area. To achieve this goal, the project aims in the short term to: (i) improve access to quality factors of production; and (ii) improve access to production development equipment and infrastructure. To achieve these specific objectives, the project will seek to remove the main constraints on the development of the milk and meat sub-sectors.
The direct beneficiaries are: (i) agro-pastoralists; (ii) livestock traders; (iii) processors (butchers and women milk processors); and (iv) professional sub-sector organizations at the municipal, county and national levels. The project indirect beneficiaries will be the people who will consume the final products and benefit from sensitization on best nutritional practices, as well as the actors involved or associated at various levels. These are mainly the Territorial Agricultural Development Agency (ATDA) 2 and 4, the 12 Divisional Directorates of Agriculture, Livestock and Fisheries (DDAEPs), the Directorate of Livestock (DE), the Directorate of Rural Legislation, Professional Organization and Agricultural Entrepreneurship Support (DLROPEA), the Directorate of Agricultural Extension, Innovation and Entrepreneurship Training (DCAI FE), the Benin Food Safety Agency (ABSSA), the Central Food Safety Control Laboratory (LCSSA), Facultie s of Agronomy and Schools of Agriculture, the National Agricultural Development Fund, decentralized financial services (DFS) and trained health workers. The project will benefit 66 640 people (7 people/farming household) directly and about 1 409 515 rural dwellers indirectly.
African Development Fund
MINISTERE DE L'AGRICULTURE DE L'ELEVAGE ET DE LA PECHE
|Last Update||16 May 2022|