Project

Empowerment through Nutrition-sensitive, Inclusive & Resilient Agricultural & Rural Entrepreneurship (AVENIR)

Sector

Agricultural development

Country

Congo, Dem. Rep.

Financing chart
Financing Gap (USD)
17,100,000
Target group
450,000
Households
Project target area

4 regions: Kongo Central, Kwango, Kwilu and Maï-Ndombé

 
Summary
Empowerment through Nutrition-sensitive, Inclusive & Resilient Agricultural & Rural Entrepreneurship (AVENIR) aims to contribute to the reduction of rural poverty and the improvement of the nutrition of rural populations through the involvement of women and young people in agricultural and rural entrepreneurship in the provinces surrounding Kinshasa. It focuses on opening up production basins towards Kinshasa whose demand for agricultural products, particularly food products, offers immense outlets. It aims to reach 500,000 households, impacting 2.6 million people including at least 50% women, 50% young people and 5% of people living with a disability and 0.5% of indigenous people.
Components and Objectives
AVENIR has four main components:
Component 1: Transformation of family farming. It aims to achieve development and sustainable management of lands, improve productivity and transformation of family farming production systems, and improve family nutrition security and support for women’s empowerment.
Component 2: Inclusive agricultural and rural entrepreneurship. It aims to provide management consulting services to agricultural and rural businesses, improve the conditions for access to rural finance, and support for entrepreneurship investment in the production, processing, marketing and services sectors.
Component 3: Opening up territorial markets. It aims to rehabilitate, manage and management the economic infrastructure.
Component 4: Project management and coordination.
Financing

Total project cost

213,600,000

IFAD financing
 

21.2 %
45,200,000
45,200,000
IFAD

International cofinancing

43.8 %
93,500,000
53,500,000
Agence Francaise de Developpement
40,000,000
Central African Forest Initiative

National cofinancing

27.1 %
57,800,000
6,900,000
Beneficiaries
31,900,000
Domestic Financing Institutions
19,000,000
National Government

Financing
gap

8.0 %
17,100,000

Approval date

December 28, 2022

Expected duration

2022 –
2051

Lending terms

Highly Concessional

Income level

Low Income

Replenishment cycle

IFAD 12

Implementing agency

Ministry of Agriculture

Contact information

Country Director: 
Valantine 
Achancho 
Email: v.achancho@ifad.org