The proposed intervention is a TSF Pillar I Grant not exceeding UA 13.294 million and a TSF Pillar I Loan not exceeding UA 16.306 million to the Republic of Burkina Faso from the unallocated resources under Pillar I of the Transition Support Facility (TSF), to assist the population affected by soaring prices and declining production. This is a national investment operation in response to The poor performance of the 2021 crop year, which has led to a food crisis that has been exacerbated by the effects of COVID-19 and Russia’s invasion of Ukraine on input and food prices. The project therefore intends to offset this vicious circle by making huge investments to improve the availability (procurement), accessibility (subsidy and distribution) and use (advisory support) of inputs. Its implementation will help to reduce food shortages on six major crops: maize, rice, soybean, sorghum, wheat and cowpea. Besides specific responses, the project will support structural reforms to improve sector governance and the functioning of value chains. The project primarily contributes to climate adaptation results. As such, 40% of the total approved amount is attributed as climate finance, of which 16 million USD is dedicated to adaptation.

Burkina Faso

African Development Bank Group

Africa Sub-Saharan Africa Western Africa

Printing and Publishing Construction Agriculture-Food and Beverages Computer Hardwares and Consumables Marine

07.12.2022

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