Project

Support to Agricultural Development and Rural Entrepreneurship Programme – Phase II (PADAER II)

Sector

Agricultural development

Financing chart
Financing Gap (USD)
25,000,000
Target group
445,000
Beneficiaries
Project target area

4 regions: Kedougou, kolda, Tambacounda, Matam

 
Summary
Support to Agricultural Development and Rural Entrepreneurship Programme – Phase II (PADAER II) aims to contribute to reducing poverty for women, young people and men living in the programme area by integrating them with profitable, diversified value chains that are resilient to climate change. The development objective is to sustainably improve the food security and incomes of smallholder crop and livestock farmers and to create permanent, well-paying jobs for rural people, particularly women and young people.
Components and Objectives
PADAER II has three components:
Component 1: Enhancing the supply of agricultural production. It aims to quantitatively and qualitatively boost the supply of agricultural and livestock products through the development of practices and mechanisms that facilitate the access of smallholders to factors of production and agriculture advisory services, and development of rural infrastructure.
Component 2: Value addition and marketing of agricultural production. It seeks to increase the share of smallholder production processed, home-consumed and commercialised in local and regional markets.
Component 3: Coordination, monitoring and evaluation, and knowledge management. PADAER II will be coordinated by a Light Coordination Unit to which the Government will grant administrative and financial management autonomy.
Financing

Total project cost

100,435,352

IFAD financing
 

49.6 %
49,793,037
49,793,037
IFAD

International cofinancing

15.6 %
15,642,472
5,939,050
Beneficiaries
241,910
Local Government
9,461,512
National Government

National cofinancing

10.0 %
9,999,843
9,999,843
OPEC Fund for International Development

Financing
gap

24.9 %
25,000,000

Approval date

April 17, 2018

Expected duration

2018 –
2024

Lending terms

Highly Concessional

Income level

Lower-middle Income

Replenishment cycle

IFAD 12

Implementing agency

Ministry of Agriculture

Contact information

Country Director: 
Matteo 
Marchisio 
Email: m.marchisio@ifad.org