Project

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

Sector

Rural development

Financing chart
Financing Gap (USD)
2,500,000
Target group
90,000
Households
Project target area

6 areas: Malanville, Kassoua, Glazoué, Doumè, Dogbo, Bohicon

 
Summary
Regional Programme for the Integration of Agricultural Markets (PRIMA Benin) aims to stimulate regional agricultural trade with a view to creating jobs for women and youth, increasing incomes and improving food security and nutrition for the rural poor. Its development objective is to support the sustainable transformation of family farming in Benin and Togo by improving the performance of sub-regional trade centers and cross-border transport corridors, while promoting rural entrepreneurship for young people and women, and fully integrating smallholders into national and sub-regional markets.
Components and Objectives
PRIMA Benin has two 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

60,320,000

IFAD financing
 

49.7 %
30,000,000
30,000,000
IFAD

International cofinancing

24.9 %
15,000,000
15,000,000
OPEC Fund for International Development

National cofinancing

21.3 %
12,820,000
4,020,000
Beneficiaries
8,800,000
National Government

Financing
gap

4.1 %
2,500,000

Approval date

December 30, 2020

Expected duration

2020 –
2029

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