Project

Grant for Regional Programme for the Integration of Agricultural Markets (PRIMA Grant)

Sector

Agricultural development

Financing chart
Financing Gap (USD)
2,000,000
Target group
90,000
Households
Project target area

6 areas in Benin (Malanville, Kassoua, Glazoué, Doumè, Dogbo, Bohicon) and 5 areas in Togo (Gando, Ketao, Kaboli, Anié, Notse)

 
Summary
The Grant for Regional Programme for the Integration of Agricultural Markets (PRIMA Grant) will complement the PRIMA project in Togo and Benin. It aims to strengthen the engagement of regional lending operations in regional policy processes and knowledge management, especially in key themes for decision-making (e.g. study on commercial transactions and barriers to free trade).
Components and Objectives
PRIMA has two operational components:
Component 1: Market integration and rural entrepreneurship. It aims to enhance marketing agricultural production by (i) opening up rehabilitated production areas to the markets, (ii) ensuring long-term stakeholders involvement in the management and maintenance of public economic infrastructures, (iii) strengthening the entrepreneurial capacities of youth, women and farmer organizations, and (iv) promoting agricultural product flows within the sub regional and cross-border trade corridors.
Component 2: Transformation of family farming adapted to climate change. It aims to achieve (i) sustainable management of natural resources, rainfed crops and small livestock; (ii) development and sustainable management of irrigated crops; (iii) improved family nutrition security and support for women’s integration.
Financing

Total project cost

4,000,000

IFAD financing
 

50.0 %
2,000,000
2,000,000
IFAD

International cofinancing

0.0 %
0

National cofinancing

0.0 %
0

Financing
gap

50.0 %
2,000,000

Approval date

December 2020

Expected duration

2020 –
2029

Lending terms

Grant financing

Income level

Lower-middle Income

Replenishment cycle

IFAD 12

Implementing agency

Regional Agency for Agriculture and Food (RAAF) / Economic Community of West African States (ECOWAS)

Contact information

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