|Approval Date||17 May 2021|
|Signature Date||23 Jun 2021|
|Planned Completion Date||31 Jul 2026|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||11231|
The Project to support the Empowerment and Financial Inclusion of Women and Youths in the Cashew, Fruit and Vegetable Sectors (PAIFJ) aims at improving women’s economic empowerment. It promotes the professionalisation of cooperatives, micro and small agricultural produce processing enterprises, the development of women's expertise and leadership and their greater access to credit. PAIFJ is in line with Guinea Bissau's national strategies, especially the "Terra Ranka Bissau 2025" vision, which reflects the political will to undertake a transition to a prosperous and inclusive society by 2025. Estimated at UA 5.12 million for a 5-year period, the project, which covers Bissau and the regions of Oio, Biombo and Cacheu, is financed by the ADF (UA 5 million loan) and the Bissau Guinean government (UA 0.12 million). The choice of processing and marketing links in the cashew, fruit and vegetable (mango, wild fruit, tomato, tubers, etc.) sectors is doubly justified because of the dominant presence of women (80% of the labour force in cashew nut harvesting) and given that these are economic niches with enormous potential for rapid and sustainable growth. Indeed, processing 10% of the national cashew nut production into almonds could generate a surplus of 60% of Guinea Bissau’s export value. It would also produce significant employment and income benefits. The project complements other Bank operations in Guinea Bissau (PARCA closed in 2018, PDCV Riz and PACVEAR still under being implemented) and consolidates the Bank's strategies, especially for gender.
The project's overall objective is to contribute to the economic empowerment and creation of sustainable employment for women and youths. The specific objectives are building capacity, enhancing access to finance, processing infrastructure and equipment, and strengthening markets. In addition, the project will provide opportunities for the restructuring of cooperatives and MSEs, promoting quality human resources, reducing women's unpaid excess workload and providing support to public and private management structures.
The project's direct targets are logically women's cooperatives and MSEs, especially in rural and peri-urban areas, active in the cashew, fruit and vegetable sectors. Unemployed young girls and boys and project leaders constitute the other primary target. The project's secondary targets are the public, private and civil society management bodies which will benefit from capacity building and equipment in order to play their role with the primary targets. These are commercial banks, Decentralized Financing Structure (DFS) partners and management structures with which agreements will be signed for technical and managerial capacity building, monitoring of beneficiaries and support for access to financing. Built on a public private partnership, the project will help professionalize 100 women's cooperatives and micro and small enterprises (MSEs), provide training opportunities for three hundred (300) young girls and boys and train five (5) cashew specialists and ten (10) trainers who are experts in processing agricultural products.
African Development Fund
GOUVERNEMENT DE LA GUINEE-BISSAU MINISTERE DE L'ECONOMIE ET DES FINANCES
|Last Update||16 Aug 2022|