PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604175

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Jun 17, 2020

Country

Ethiopia

Region

Africa

IFC Approval Date

Jan 28, 2020

Status

Completed

Estimated Total Budget

$2,100,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 1, 2024

Project Estimated Start Date

Feb 1, 2020

Project Estimated End Date

Jun 30, 2023

Project Description

The objective of the three-year project is to substantially increase Soufflet’s local sourcing of commercially available malt barley from smallholder and emergent commercial farmers in Ethiopia. The project would facilitate the expansion of Soufflet’s local sourcing to meet the needs of a new malting facility. The project has three components: (a) improving the malt barley production capacity of farmers by increasing access to improved seed varieties and other agricultural inputs; (b) building the business management capacity of barley aggregators and improving the clustering of farmers; and (c) establishing contract farming and farmer financing models.

Development Results

E&S Risks / Impacts and Mitigation