|Approval Date||20 Jan 2016|
|Signature Date||21 Oct 2016|
|Planned Completion Date||31 Jan 2022|
|Last Disbursement Planned Date||31 Jan 2022|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The Agricultural Value Chain Development Project (AVC-DP) is the mechanism for realizing the Cameroon’s vision of expanding its role as the agricultural locomotive of the Central African sub-region, embraced in 2009, which is outlined in the 2010-2020 Growth and Employment Strategy Paper (GESP) that focuses on three pillars, namely: (i) growth, (ii) employment, and (iii) governance and strategic management of the State. The project will help to create wealth and employment, especially for the youth, as well as to boost food and nutritional security by enhancing the competitiveness of the three agricultural value chains (oil palm, banana and pineapple). The components and expected outcomes of the project are: (i) rural infrastructure development: 1,000 km of rural roads, 30 warehouses, 15 rural markets, 30 km of electricity networks, 30 drinking water supply (DWS) systems, a quality control laboratory for agricultural products; (ii) crop sector development: support for the establishment of processing units, institution building for farmer organizations, technical guidance, facilitation of the interface with service providers, training, research support for the production of quality seeds and seedlings, establishment of a crop sector development fund to finance value chains (VC); (iii) development of youth agricultural entrepreneurship: close to 600 businesses created in the agro-business sector for approximately 1,500 young graduates (40% being women) and ensuring access to credit; and (iv) project coordination and management. The net project cost is EUR 115.081 million (CFAF 75 488.829 million), jointly financed by the AfDB (77.6%), the Government (21.5%), and beneficiaries (0.9%). The total project duration is five years.
The project will contribute to the following sector development goals: create shared wealth; create jobs, especially for the youths; and ensure food and nutritional security. The specific objectives are to: (i) improve the competitiveness of the oil palm, plantain and pineapple value chains; (ii) create jobs, especially for the youths; and (iii) sustainably improve the incomes of targeted crop sector stakeholders.
The direct beneficiaries of the project are estimated at 242,000 people, with 50% women. These are stakeholders operating within organized structures (cooperatives and networks of farmer organizations) that engage in the targeted value chains, as well as young graduates attracted by agro-business. The indirect beneficiaries, composed of the rural communities in the project area, are estimated at one million persons.
African Development Bank
Government Of Cameroon
Ministère de l'agriculture et du développement rural
|Last Update||31 Oct 2019|