PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607725

Primary Business Area

Financial Institutions Group

Disclosure Date

Sep 26, 2023

Country

Senegal

Region

Africa

IFC Approval Date

Mar 2, 2023

Status

Active

Estimated Total Budget

$720,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Sep 26, 2023

Project Estimated Start Date

Mar 1, 2023

Project Estimated End Date

Mar 31, 2024

Client Legal Name

MANOBI AFRICA ,agCelerant

Project Description

The project will assist agCelerant in strengthening its capacity and to improve partnership with bank partner such as BoA to ultimately scale SHF financing. IFC will focus on areas such as the preparation of the partnership between agCelerant & BoA, support for the acquisition of new farmers and agri-profiling of their crops, support for the deployment and management of the network of agri-agents, support for strengthening the business model and action plan, and strategic support on risk management and development of scoring model.

Development Results

E&S Risks / Impacts and Mitigation