PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

594987

Primary Business Area

Investment Climate

Disclosure Date

Jul 29, 2014

Country

Country Name Pending

Region

Africa

IFC Approval Date

May 8, 2014

Status

Completed

Estimated Total Budget

$2,384,424.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 2, 2019

Project Estimated End Date

Jun 30, 2016

Project Description

The project is expected to undertake the following activities 1) Implementation of a Robust Warehouse Receipts System -Support the development of a Warehouse Receipts legal framework and implementing regulations. This framework will clearly outline forms of warehouse receipts, legal status of warehouse receipts, rights and obligations of warehouse operators and banks and structure of warehouse receipts regulatory body. -Sensitization and training of farmers, operators, banks, ministries, and regulators on the new system. -Supporting pre and post enactment advocacy and awareness creation to facilitate adoption of the law and increased awareness and understanding among stakeholders. -Make recommendations on the legal and institutional structure of the National Cereals and Produce Board, restructuring of its assets and role in light of the new system. 2) Development of implementing regulations to operationalize the Seed and Plant Varieties Act 2013 which seeks to liberalize the seed sector. 3) Drafting of targeted implementing regulations under the Crops Act 2013 and the Agriculture Livestock Fisheries and Food Authority Act 2013. 4) Opening markets to competition and integrating competition principles in sectorial (Pyrethrum) government regulations.

Development Results

E&S Risks / Impacts and Mitigation