|Approval Date||23 Sep 2015|
|Signature Date||09 Nov 2015|
|Planned Completion Date||31 Dec 2021|
|Last Disbursement Planned Date||31 Dec 2021|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The Mid-West Nascent Rural Enterprises Project (PROJERMO), located in the Bongolava and Amoron'i Mania regions of Madagascar, has been identified as a major operation for reducing the country's food insecurity and fragility. The PROJERMO focuses on the establishment of young rural enterprises in the fields of activities and trades related to the production, processing, marketing of agricultural products and the development and maintenance of hydro-agricultural infrastructure, areas in which the Bank has a long experience. In concrete terms, the planned interventions should enable (i) the installation of 500 young rural enterprises, 40% of which will be women's enterprises, in occupations covering the entire agricultural value chain (production, processing and marketing of agricultural products) as well as (ii) the irrigated development of 2171 ha of lowlands for the benefit of indigenous people. The project will be executed over 6 years at a total cost of UA 27.581 million excluding taxes and customs. Its implementation will contribute to improving food security, reducing the precariousness of youth jobs in Madagascar, strengthening inclusion for women, boosting the local and regional economy in the perspective of develop growth poles while taking into account the main factors of fragility at national and local level.
The overall goal of PROJERMO is to increase agricultural productivity and production in order to help improve food security and reduce poverty. More specifically, the project will enhance agribusiness through establishing in its area, an attractive and conducive environment to the development of a dynamic promotion system of nascent rural enterprises and entrepreneurs in the agricultural sector and related services, through the development of agricultural investment zones (construction of irrigation networks and socio-economic infrastructure) and facilitating access to financial and nonfinancial services needed to sustain enterprise maturity.
The Project will directly benefit at least 500 new enterprises (at least 40% of them headed by women) and the entire population of the municipalities concerned estimated at 186 366 inhabitants (51% of them women). Above all, the whole country will benefit from increased agricultural production and food security. The project will also generate 25,000 direct and indirect jobs annually.
African Development Fund
Fragile States Facility
MINISTERE DE L'AGRICULTURE , DE L'ELEVAGE ET DE LA PECHE
|Last Update||31 Oct 2019|
|-18.5 46.1||Bongolava Region|
|-20.5 46.7||Amoron'i Mania Region|