WBG: (i) Estimated lending of $ 4 billion for agricultural growth, (ii) IFC target of $ 400 million by 2010 for support to agribusiness up to $ 1 billion in co-financing in five pilot countries

Yokohama Action Plan

[2]Promote development, rehabilitation and maintenance of water resources management infrastructure to contribute to the joint efforts aiming at expanding the irrigated area by 20% in five years.

Proposed Measures by Japan/Implementing Partners

● Implementation of CAADP to increase food supply over medium-long term

Potential Resources, Possible Contributions

WBG: Estimated lending of $ 4 billion for agricultural growth over 5 years. IFC target of $ 400 million by 2010 for support to agribusiness up to $ 1 billion in co-financing in five pilot countries

Implementing Partners

GoJ (MOFA)/WBG

Related Links

Current Status of Implementation 2009

(i) Lending for agricultural growth

Country

Africa

Status

On target- (a) WBG Lending for agriculture was $ 1.5 billion in FY2009, up from $ 450 million in FY2008. The WB is managing a number of trust funds for agriculture -- 4 new multi donor trust funds totaling $ 200 million have been established to support regional approaches to agricultural development.

More information

-

Budget

-

(ii) Support for agribusiness

Country

Africa

Status

(a) IFC agribusiness financing to Africa has been up to $127.77 million by adding $23.25 million ($8 million for Rwanda and $ 15.25 million for Ghana) in 2009 and $104.5 million in 2008 and (b) the Zambia model has been scaled up to other countries in Africa through an integrated investment/advisory Africa Agricultural Finance Program which is under development.

More information

-

Budget

-

Current Status of Implementation 2008

(i) Lending for agricultural growth

Country

Africa

Status

The Bank has managed a number of trust funds related to agriculture.

More information

-

Budget

-

(ii) Support for agribusiness

Country

Africa

Status

IFC agribusiness financing to Africa was $104.52 million as follows; Africa Region ($ 15 million). Ghana ($ 20 million), Liberia ($ 10 million), Malawi ($ 5 million), Mali ($ 11.67 million), Mozambique ($ 14 million – 2 projects), Uganda ($ 14 million), World Region - Africa allocation ($ 14.85 million).

More information

-

Budget

-