PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603799

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Nov 1, 2020

Country

Ethiopia

Region

Africa

IFC Approval Date

Jul 9, 2019

Status

Completed

Estimated Total Budget

$1,850,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Apr 1, 2024

Project Estimated Start Date

Jul 10, 2019

Project Estimated End Date

Jun 30, 2022

Project Description

The objective of the project is to enhance operational efficiencies and developmental impacts in the supply chains of IFC agribusiness clients (and other commercial agribusinesses) in Ethiopia through the demonstration and testing of digital agricultural technologies (AgTech). IFC is seeking to introduce AgTech solutions as a way of managing secure, resilient and sustainable crop and livestock production with large numbers of smallholder farmers often located in remote areas. Recent advances in digital technologies offer many unrealised opportunities for IFC agribusiness clients to increase efficiencies in their supply chains, engage more effectively with smallholder farmers, manage risks and lower transactions costs. The 3 year project will focus on: - Establishing Ag Tech pilots in selected strategic value chains in Ethiopian Agribusiness drawn from: (a) Barley, (b) Livestock Feed (c) Poultry (d) Goats, ( e) Honey and (f) Horticulture. - Increasing efficiency and transparency in selected agribusiness supply chains - Enabling 50,000 SHFs and other supply chain actors to use Ag Tech solutions - Increasing productivity and income of SHFs - Sharing lessons and experiences about the potential of Ag Tech applications.

Development Results

E&S Risks / Impacts and Mitigation