600398 - IC Agribusiness

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Summary of Advisory Services Project Information

Project Number

600398

Primary Business Area

Global Practice - Trade & Competitiveness

Disclosure Date

Oct 2, 2014

Country

Country Name Pending

Region

Africa

IFC Approval Date

May 21, 2014

Status

Completed

Estimated Total Budget

$1,970,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

May 21, 2017

Project Description

This project will focus on three main components: 1- Strengthening Public Private Dialogue (PPD) - The following activities will be conducted: Assessment of the inter-profession organization in the cashew value chain Design and implementation of a strategy to establish a sector-specific Inter-profession organization Create a PPD that will be composed of representatives of all stakeholders. Facilitate PPD in implementing reform work carried out through other components. 2- Improving access to credit in the cashew sector through warehouse receipts financing - the program will provide technical assistance for: Developing legal and regulatory Warehouse Receipt System (WRS) framework Supporting the effective implementation of the WRS: sensitization and training to financial institutions, stakeholders, Supporting the WRS industry, especially to warehouse operators in identified areas in order to strengthen their operations. 3- Support new investment in cashew processing Provide investor facilitation and aftercare technical assistance to the Ministry of Industry to ensure that cashew investors that emerged from the Investment Forum will materialize their investment. Specifically, the program will support/guide the Ministry of Industry on Investment Promotion, Investment facilitation and Investment tracking.

Development Results

Indicator	Calendar Year 2020 Results	Cumulative Results as of 2020
Number of new laws/regulations/amendments/codes/government policies drafted, or contributed to the drafting	Not Available	3
Number of entities receiving advisory services	Not Available	13
Number of participants in workshops, training events, seminars, conferences, etc.	Not Available	5,475
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination	Not Available	18
Number of publications published/translated/adapted	Not Available	2
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed	Not Available	20
Number of women participants in workshops, training events, seminars, conferences, etc.	Not Available	1,201
Number of workshops, training events, seminars, conferences, etc.	Not Available	34
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated	Not Available	7
Number of reports accepted by client	Not Available	3
Number of recommended laws/regulations/amendments/codes enacted or government policies adopted	Not Available	8
Number of entities obtaining certification	Not Available	7
Number of individuals trained by project-trained people and/or institutions	Not Available	177
Number of entities that implemented recommended changes	Not Available	10
Number of farmers reached (direct and indirect)	Not Available	503
Value of financing facilitated (US$)	Not Available	15,690,000

E&S Risks / Impacts and Mitigation

Performance Standard	Description and Potential Impact	Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide recommendations for appropriate mitigation measures whenever warranted.
PS 3. Resource Efficiency and Pollution Prevention	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide recommendations for appropriate mitigation measures whenever warranted.
PS 5. Land Acquisition and Involuntary Resettlement	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide recommendations for appropriate mitigation measures whenever warranted.
PS 6. Biodiversity Conservation and Sustainable Management of Living Natural Resources	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide recommendations for appropriate mitigation measures whenever warranted.

This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein.
It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.

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