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Economic Development Project for the Southern Regions

PADES aims to revitalize the rural economy and improve food security and poverty in the regions of Tombali, Quinara, Bolama and Bijagos. About 40 per cent of direct beneficiaries are women and 42 per cent are young people.

Although not a second phase of the previous Projet de Réhabilitation Rurale et de Développement Communautaire (PRRDC), which closed in 2013, PADES draws on some of its activities ─ including community development and microfinance. However, PADES has a stronger economic development focus on infrastructure and the promotion of rice production.

The rehabilitation of mangrove swamps within the project zone for the purpose of rice production is a key feature of PADES. Current rice output meets one third of local demand.

The project also promotes alternative income-generation activities such as market gardening, small-scale livestock production, capacity strengthening of rural organizations and improved access to markets.

President’s report:

Proposed loan and grant to the Republic of Guinea-Bissau for the Economic Development Project for the Southern Regions (PADES)
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Status: Ongoing

Country

Guinea-Bissau

Approval Date

17 April 2015

Duration

2015 - 2021

Sector

Rural Development

Total Project Cost

US$ 19.47 million

IFAD Financing

US$ 9.47 million

Co-financiers (International)

OPEC Fund for International Development US$ 6 million

Co-financiers (Domestic)

Beneficiaries US$ 1.7 million

National Government US$ 2.3 million

Financing terms

DSF Grant/Highly Concessional

Project ID

1100001757

Project Contact

Gianluca Capaldo


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Project design reports

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Interim (mid-term) review report

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