|Approval Date||19 Dec 2012|
|Signature Date||15 Nov 2013|
|Planned Completion Date||31 Mar 2022|
|Last Disbursement Planned Date||31 Mar 2022|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The present intervention is the third phase of Rural Enterprises Programme (REP Phase III) which is designed within the context of the agricultural modernization and micro and small-scale enterprises development priorities of Ghana. It also supports Ghana’s Industrial Policy, which addresses the need to grow micro, small and medium enterprises (MSMEs) to foster diversification of the economy and employment creation. The current phase aims at scaling up the impact and outcome results of earlier phases (REP I and II). It is the Bank’s response to meeting Ghana’s Shared Growth and Development Agenda (GSGDA) and emphasizes inclusive growth, youth employment, and women economic empowerment. It has four components: (1) Creation of Business Development Services (BDS); (2) Development of Agricultural Commodity Processing Infrastructure (ACPI); (3) Creation of Enabling Business Environment (EBE); and (4) Programme Coordination and Management (PCM). REP III is part of the Government of Ghana’s efforts to reduce poverty and improve living conditions in rural areas, by promoting the infrastructure, technologies, and skills needed for private sector development. It will create 100,000 new jobs, through its various activities. It will be implemented over five years, in 161 out of 170 rural districts of Ghana.
The sector goal of the REP III is to improve the livelihoods of rural micro and small-scale entrepreneurs (MSEs). The development objective is to increase the income of rural MSEs for profit, growth and employment creation. The expected outputs results include: (i) establishment of 95 new BACs, 30 RTFs and 20 resource centres; (ii) training of 293,000 beneficiaries in agribusinesses and 76,000 clients on fabrication and repairs of agro-processing machines and tools; (iii) support the establishment of women and youth-owned businesses; (iv) technical assistance in institutional and individual capacity building; and (v) the strengthening of the PCMU.
The direct beneficiaries include the families of the 35,000 SMEs established in the 95 new districts established in REP III; as well as the 27,000 SMEs of REP I and II. These include women and the youth, 65% of the rural population, whose capacity in micro and small-scale enterprises (MSEs) will be built and or strengthened for sustainable businesses that will lead. REP will also target the owners and employees of small informal and formal businesses. Priority will be given to unemployed youths and other clients who have followed secondary or tertiary education but need additional skills and support to effectively manage MSEs. A total of 9,200 unemployed youth will be provided with start-up kits to help them establish their own businesses. Primary job creation, through the activities of REP III, has been estimated at 100,000. The indirect beneficiaries include the rural population as a whole who stand to benefit from the agricultural modernization infrastructure and technological innovation. They include the rural populations of the 161 districts estimated at 16.5 million from which 65% are women and youth (10.7 million).
African Development Fund
MINISTRY OF TRADE AND INDUSTRY
|Last Update||29 Nov 2022|