
AAAP in the Media
Displaying 1 - 3 of 3
Youth Entrepreneurship and SME Development Lusophone Compact Facility Phase I
Guinea-Bissau has the highest proportion of natural wealth per capita in West Africa. In addition, the country also has a youth population that accounts to more than 50 percent, an undeniable potential to drive economic growth. The country’s economic revival requires the inclusion of women and youth in business activities. The promotion of entrepreneurship among the youth can be a promising path for providing professional opportunities for this large - and growing - population group.
To promote private sector growth through youth entrepreneurship skills development and support to small and medium-sized enterprises (SMEs) for job creation in Guinea Bissau, through:
- Fostering an enabling environment for SMEs, investors, and financial institutions
- Strengthening SMEs and SME support partners and facilitating investments to unlock value-chains
- Establishing facilities and financing to provide quality and affordable access to finance for SMEs
- Provide a financial contribution to conduct the assessment of “adaptation jobs” opportunities in the project
- Run the procurement process to contract a sub-grantee to carry out the assessment
- Participate the appraisal missions and review the appraisal report of the project with regards to “adaptation jobs”
- Support project team to provide clarity on climate change adaptation and resilience in the appraisal report and define the target for “adaptation jobs” in the result framework of each project
- Define adaptation measures for testing during the assessment and further be recommended to the project implementation teams
- Enhance youth entrepreneurship skills and Enterprise Support Organizations operational capacities for sustainability
- Establish a facility for the development of SMEs and access to finance
- Promote linkages between SMEs and large size enterprises to ease access to markets
- Develop a digital platform to connect SMEs between themselves, with customers and large enterprises.
- Building the capacity of SMEs in growing their businesses and their readiness for financing, including women and youth-led SMEs
- Strengthened financial sector including the type of innovative financial instruments to help SMEs access quality and affordable financing for SMEs
- Improved linkages between SMEs and large-scale enterprises to enhance ease of access to markets
- Unlocked key value chain efficiency and quality constraints
AfDB investment USD 10.5 Million
Reinforcing Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS)
The Sahel, which lies between the Sahara Desert to the north and tropical savannas to the south, is one of the largest semi-arid/arid sub-regions globally. As such, the region is highly vulnerable to climate change and other uncertainties. The impacts of climate change may have critical socio-economic consequences for the Sahel, including poor agricultural yields, increased frequency of natural disasters. Already, the number of people in the Sahel suffering from chronic food and nutrition insecurity, poverty and vulnerability to the effects of climate change is rising steadily.
A lasting solution to food and nutrition insecurity in the Sahel requires building resilience to climate change, long-term agricultural sector financing and developing trade and regional integration. Sustained, longer-term investments in household resilience can significantly reduce the cost of emergency assistance, ultimately breaking the cycle of recurring famine. This is the most cost-effective intervention option which meets the basic needs and preserves the dignity of the populations of the Sahel. This idea is central to the Programme to Build Resilience to Food and Nutrition Insecurity in the Sahel (P2RS)
The overall objective of the P2-P2RS is to contribute to the substantial improvement of the living conditions and the food and nutritional security of the populations of the Sahel region.
Specifically, the program aims to i) strengthen the resilience to climate change of agro-sylvo-pastoral producers, including through promotion of climate-smart agricultural technologies in the Sahel and the development of climate intelligent villages; ii) develop the agro-sylvo-pastoral value chains, including through the development and improvement of hydro, meteorology and climate services; and iii) support regional institutions (CILSS, APGMV, CCRS) to strengthen adaptive capacity in the Sahel.
- Design digital adaptation solutions (Digital Climate Advisory Services, DCAS) for the Sahel context
- Investment readiness and infrastructure, institutional and farmer capacity needs for DCAS
- Feasibility study to integrate DCAS into agricultural extension and agrometeorological advisory to smallholder farmers and pastoralists
- 1 million rural households have access to digital or data-enabled climate-smart technologies
- 500,000 smallholders have adopted adaptation practices
- 5 million smallholders have access to climate services;
- Development and improvement of hydro, meteorology and climate services
- The development of climate-intelligent villages
- Promotion of climate-smart agricultural technologies in the Sahel
- Resilience to food and nutrition security built for the targeted populations
USD 300 million
Staple Crops Processing Zone (SCPZ): funding proposal to the Green Climate Fund
The target countries of Democratic Republic of the Congo, Ethiopia, Togo and Zambia are regions experiencing high deforestation, poor agriculture yield and increasing poverty exacerbated by climate change. Across all four countries, climate variability and change has become a major threat to sustainable development.
As part of efforts to address these challenges, the four countries are implementing national projects to establish Staple Crops Processing Zones: initiatives designed to concentrate agro-processing activities within areas of high agricultural potential to boost productivity and integrate production, processing and marketing of selected commodities. These initiatives are purposely built shared facilities, to enable agricultural producers, processors, aggregators and distributors to operate in the same vicinity to reduce transaction costs and share business development services for increased productivity and competitiveness.
Developing adequate infrastructure (energy, water, roads, ICT) in rural areas of high agricultural potential should attract investments from private agro-industrialists/entrepreneurs to contribute to the economic and social development of rural areas.
The Staple Crops Processing Zone (SCPZ) development program aims to transform agriculture production in regions experiencing high deforestation, poor agriculture yield and increasing poverty exacerbated by climate change, including the target countries of Democratic Republic of the Congo, Ethiopia, Togo and Zambia.
The specific objectives of SCPZ are: (i) improving access to seed capital through grants and matching grants; (ii) supporting productivity enhancement through introduction of new technologies and agricultural inputs; (iii) improving access to infrastructure by supporting investment; (iv) improving the capacity of producer cooperative through training and TA, especially for targeted women and youth groups; (v) facilitating market linkages throughout-growers’ schemes; and (vi) facilitating on-farm value addition by targeting limited value chains and linking farmers to the supply chain.
GCF financing is sought to strengthen one of the project components of SCPZ in Democratic Republic of the Congo, Ethiopia, Togo and Zambia.
- Through the technical assistance program, AAAPwill accelerate the mobilization of adaptation finance.
- Increased carbon sinks in soil and above-ground biomass
- Reduced carbon dioxide/other greenhouse gas emissions from farms due to efficient energy use
- Increased renewable energy production from biomass, either as a substitute for fossil fuels or as a replacement for burning of fuel wood or crop residues
- Fewer incidents of bare soils, reduced soil erosion and increased water percolation.
- Reduced emissions through low-emission energy access and power generation
- Reduced emissions due to improved waste management, including by recycling waste and use of waste in biogas systems
- Reduction of emissions from land use and deforestation, and enhancement of forest carbon stocks.
-
Increased resilience, including to extreme events such as droughts and floods, and enhanced livelihood of about 55% of highly vulnerable people and communities
-
Increased access to better health and wellbeing, and food and water security to over 100,000 beneficiaries, in addition to provision of alternative sources of energy
-
Increased resilience of ecosystems and ecosystem services in forests and savannas
USD 427 million:
- Funding proposal to GCF seeking USD 174.02 million (USD 130.02 million grant and USD 44 million loan)
- AfDB providing USD 111.2 million (USD 85.2 million loan and USD 26 million grant)
- Co-financiers:
European Union, USD 10.4 million (grant)
BOAD, USD 17.6 million (loan)
Korea Exim Bank, USD 50 million (loan)
Korea Fund, USD 5 million (grant)
Islamic Development Bank, USD 31 million (loan)
Governments of target countries, USD 28 million (counterpart financing)