PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

593167

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Jan 28, 2015

Country

Country Name Pending

Region

Africa

IFC Approval Date

Nov 18, 2014

Status

Completed

Estimated Total Budget

$1,070,425.00
(Project budget includes all project-funded activities)

Last Updated Date

Sep 30, 2022

Project Estimated End Date

Oct 31, 2017

Project Description

This Project will directly impact productivity and supply chain efficiency within the Company's integrated operations from day-old-chick (DOC) incubation, feed production, broilers and egg layers growing, slaughtering/processing, and retailing with poultry & egg outlets and feed and DOC outlets. The advisory provided is expected to support the Company's adoption of international best practices and transform the Company into a leading food company in said country. The project will achieve this by: a) Designing and implementing HACCP-based Food Safety Management System (FSMS); b) Improving the Company's Environmental and Social Management System (ESMS); and c) Reducing broiler production costs. A possible Phase 2 of the project under discussion with the client may include: d) Supporting increase in maize production and procurement from commercial and outgrower operations; and e) Building the business and financial management capacity of outgrower poultry farmers in the Company's supply chain.

Development Results

E&S Risks / Impacts and Mitigation