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Agricultural Value Chains Promotion Project

One of the main challenges facing the Government of Burkina Faso for the coming decade is to bring about a structural transformation of the national economy through strong, sustainable and inclusive growth underpinned largely by a modernized agriculture sector. By developing four agricultural value chains – rice, vegetables, sesame and cowpea – PAPFA will contribute to achieving this objective. In particular, the project will improve smallholder farmers’ productivity, add value to agricultural products and promote entrepreneurship to overcome slow growth in rural areas.

The project will focus on the regions of Boucle du Mouhoun, Cascades and Hauts-Bassins where it will build on and scale up the gains made by previous programmes. PAPFA will target 57 000 households, of which 27 500 households will receive production support, 27 000 will be assisted in setting up or consolidating rural microenterprises and 2,500 will be supported in value chain development. Of the target groups, PAPFA will endeavour to reach a minimum of 50 per cent of women and 30 per cent of young people in all interventions.

President’s report:

Proposed loan and grant to Burkina Faso for the Agricultural Value Chains Promotion Project (PAPFA)
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Status: Ongoing

Country

Burkina Faso

Approval Date

11 December 2017

Duration

2017 - 2024

Sector

Rural Development

Total Project Cost

US$ 71.7 million

IFAD Financing

US$ 38 million

Co-financiers (International)

OPEC Fund for International Development US$ 20 million

Co-financiers (Domestic)

National Government US$ 6.38 million

Beneficiaries US$ 7.32 million

Financing terms

DSF Grant/Highly Concessional

Project ID

2000001063

Project Contact

Valantine Achancho


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