Project

Agricultural Development and Market Access Support Project (PADAAM)

Sector

Agricultural development

Financing chart
Financing Gap (USD)
14,700,000
Target group
21,000
Beneficiaries
Project target area

7 regions: Collines, Zou, Plateau, Couffo, Mono, Atlantique, Oueme

 
Summary
Agricultural Development and Market Access Support Project (PADAAM) aims to reduce rural poverty in the project intervention area by including stakeholders, both women and men, in diversified and profitable value chains. Its development objective is to sustainably increase the food and nutrition security, as well as the income, of smallholder farmers, particularly women and young adults.
Components and Objectives
PADAAM has three main components:
Component 1: Strengthening partnerships and creating added value. It aims to: (i) formalize sustainable economic relations between small producers and private individuals; (ii) increase the volume of raw materials processed and marketed in domestic and export markets; (iii) significantly increase small producers’ income; (iv) strengthen the institutional base, governance and management of professional organizations.
Component 2: Improving agricultural productivity and production. It aims to increase the average yields per hectare by 44% and improve the availability and quality of productive and marketing support infrastructure. Main indicators include: 2,500 ha of lowlands developed, 91 storage stores rehabilitated or built and 250 kilometers of agricultural tracks built.
Component 3: Coordination, monitoring and evaluation and knowledge management.
Financing

Total project cost

106,405,717

IFAD financing
 

56.7 %
60,301,652
60,301,652
IFAD

International cofinancing

10.8 %
11,451,094
959,894
Rural Poor Stimulus Facility
491,200
Norway
10,000,000
OPEC Fund for International Development

National cofinancing

18.8 %
19,952,971
3,307,662
Beneficiaries
5,604,360
Local Private Sector
9,765,449
National Government
1,275,500
Other Local

Financing
gap

13.8 %
14,700,000

Approval date

September 13, 2018

Expected duration

2018 –
2025

Lending terms

Debt Sustainability Framework

Income level

Lower-middle Income

Replenishment cycle

IFAD 12

Implementing agency

Ministry of Agriculture, Livestock and Fishing

Contact information

Country Director: 
Pascal 
Kabore 
Email: p.kabore@ifad.org