Project

Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P)

Sector

Agricultural development

Financing chart
Financing Gap (USD)
10,000,000
Target group
74,000
Rural smallholders
Project target area

Nationwide

 
Summary
Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P) aims to improve livelihoods and food security for smallholder farmers in Liberia. Its development objective is to increase agricultural productivity and commercialization of smallholder farmers in the rice, horticulture and palm oil value chains. To reach this objective, STAR-P aims to facilitate private sector investments and foster productive linkages between smallholder farmers and selected agribusiness firms. The focus of STAR-P is on addressing critical market failures limiting the development of the targeted value chains.
Components and Objectives
STAR-P has three main components:
Component 1: Institutional capacity-building and strengthening the enabling environment for farmers, state, and non-state actors. It aims to strengthen institutional foundations to help deliver required services for promoting Liberia’s commercial agriculture.
Component 2: Enhancing productivity and competitiveness. It aims to improve smallholder integration into targeted value chains. It will increase agricultural productivity and the competitiveness of organized smallholder farmers and agribusiness companies of different sizes in primarily two targeted value chains, namely oil palm and rice.
Component 3: Project management, monitoring and evaluation and engagement. It aims to facilitate (i) efficient coordination and monitoring of project activities to ensure they are implemented in line with the project document, and (ii) stakeholder awareness and participation through timely communication of results and consistent citizen engagement.
Financing

Total project cost

107,151,310

IFAD financing
 

48.3 %
51,708,715
51,708,715
IFAD

International cofinancing

23.3 %
25,008,674
25,008,674
World Bank: International Development Association

National cofinancing

19.1 %
20,433,921
15,062,898
Beneficiaries
4,547,023
Domestic Private Sector
824,000
National Government

Financing
gap

9.3 %
10,000,000

Approval date

September 12, 2019

Expected duration

2019 –
2029

Lending terms

Super/Highly Concessional (80%/20%)

Income level

Low Income

Replenishment cycle

IFAD 12

Implementing agency

Minister of Agriculture

Contact information

Country Director: 
Pascaline 
Barankeba 
Email: p.barankeba@ifad.org