Algeria - 2nd Line of Credit from Crédit Agricole to the Bank for Agriculture and Rural Development (BADR)


Project Summary

Approval Date 07 Jul 1999
Signature Date 06 Jun 2000
Planned Completion Date 31 Dec 2003
Last Disbursement Planned Date 31 Dec 2004
Sovereign / Non-Sovereign Sovereign
Sector Agriculture and Rural Development
DAC Sector Code 31110
Environmental Category 2
Commitment U.A 156,599,395.97
Status Completion

Project General Description

This intervention relates to the 2nd Agricultural Credit Line at the Bank for Agriculture and Rural Development (BADR). The loan resources, to this end, should focus mainly on the promotion of the private sector through the financing of the various components. Project outputs should consist mainly of sub-projects in the agriculture, livestock, fisheries, agri-food, agribusiness, industry and services sectors.

Project Objectives

This line of credit aims to strengthen the financial capacity of the BADR through the availability of additional resources for the financing of production activities in the sectors of agriculture, agribusiness, industry fishing and services.

Beneficiaries

The direct beneficiary of the Line of Credit is the Bank of Agriculture and Rural Development (BADR). Indirect beneficiaries are SMEs and other actors in the agricultural sector.

Participating Organization

Funding
African Development Bank
Implementing
BANQUE DE L'AGRIC. ET DU DEVELOPPEMENT RURAL(BADR)

Information

IATI identifier 46002-P-DZ-AAZ-003
Last Update 18 Jun 2021

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Geographic Location

Country Algeria