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Agricultural Development and Market Access Support Project

The Government of Benin has focused on a value chain approach to bring about economic growth and improved food security in the country. Priority is being placed on rice, maize and cassava. PADAAM aims to contribute to the Government strategy to reduce food imports and increase value addition so as to improve the competitiveness of these products in national, regional and international markets.

PADAAM will target 51,000 households in the departments of Atlantique, Collines, Couffo, Mono, Ouémé, Plateau and Zou. Critical among the target value chain actors are women and young people, who will account for 40 per cent and 30 per cent of the beneficiaries, respectively, to create employment opportunities and increase incomes while promoting food and nutrition security. In addition, PADAAM will focus on derisking agriculture through adaptation to climate change and putting in place an insurance scheme that primarily targets smallholder farmers.

Status: Ongoing

Country

Benin

Approval Date

13 September 2018

Duration

2018 - 2025

Sector

Rural Development

Total Project Cost

US$ 97.61 million

IFAD Financing

US$ 31.04 million

Co-financiers (International)

Swiss Agency for Development and Cooperation US$ 1.5 million

OPEC Fund for International Development US$ 9.98 million

Co-financiers (Domestic)

Private sector local US$ 5.6 million

Beneficiaries US$ 3.31 million

National Government US$ 9.77 million

Other Local US$ 1.28 million

Financing Gap

US$ 25.14 million

Financing terms

DSF Grant/Highly Concessional

Project ID

2000001073

Project Contact

Pascal Kabore


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President's report

President’s report - Agricultural Development and Market Access Support Project

Type: Programme and project document
Region: West and Central Africa

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Project design reports

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