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Project News Details
Title:
Kenya - African Emergency Food Production Facility (AEFPF-K)
Detail:
The proposed operation is for an ADB loan of Sixty-Three Million Euros (EUR 63.0 million) to the Republic of Kenya to finance the African Emergency Food Production Facility (AEFPF). The proposed project’s design will benefit from lessons learnt through implementation of similar on-going Bank projects in Kenya and experience gained elsewhere. The key lessons learned from these projects and reflected in this project’s design include: Focussing on fewer but concise components is critical to ensure delivery of results; There is need for a robust results-based monitoring and evaluation system; Need for efficient contract management cannot be over-emphasized; and since available resources can rarely meet all the envisaged needs, a narrower target criteria and embracing the poor in particular can help with better focusing of the assistance. The project was appraised on 13-17 June 2022 following a government request for support dated 9th June 2022 and will be implemented from 31st July 2022 to 31st July 2024. The program will contribute to strengthening food security and resilience of the Kenyan economy, with particular emphasis on increasing national agricultural productivity, mitigating food security risks, and enhancing private sector and fiscal resilience. The project primely contributes towards climate Adaptation result. As such 30% of the total approval is attributed as climate finance, out of which 20 million USD is adaptation finance.
Country:
Source:
African Development Bank Group
Published Date:
13.07.2022
URL:
Regions:
Project News Details
| Title |
Kenya - African Emergency Food Production Facility (AEFPF-K) |
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|---|---|---|---|---|
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| Detail |
The proposed operation is for an ADB loan of Sixty-Three Million Euros (EUR 63.0 million) to the Republic of Kenya to finance the African Emergency Food Production Facility (AEFPF). The proposed project’s design will benefit from lessons learnt through implementation of similar on-going Bank projects in Kenya and experience gained elsewhere. The key lessons learned from these projects and reflected in this project’s design include: Focussing on fewer but concise components is critical to ensure delivery of results; There is need for a robust results-based monitoring and evaluation system; Need for efficient contract management cannot be over-emphasized; and since available resources can rarely meet all the envisaged needs, a narrower target criteria and embracing the poor in particular can help with better focusing of the assistance. The project was appraised on 13-17 June 2022 following a government request for support dated 9th June 2022 and will be implemented from 31st July 2022 to 31st July 2024. The program will contribute to strengthening food security and resilience of the Kenyan economy, with particular emphasis on increasing national agricultural productivity, mitigating food security risks, and enhancing private sector and fiscal resilience. The project primely contributes towards climate Adaptation result. As such 30% of the total approval is attributed as climate finance, out of which 20 million USD is adaptation finance.
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| Country | ||||
| Source |
African Development Bank Group
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| Regions | ||||
| Sectors | ||||
| Published Date |
13.07.2022
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| Original Url | ||||
| Share | ||||
| Title |
|---|
Kenya - African Emergency Food Production Facility (AEFPF-K) |
| Detail |
| The proposed operation is for an ADB loan of Sixty-Three Million Euros (EUR 63.0 million) to the Republic of Kenya to finance the African Emergency Food Production Facility (AEFPF). The proposed project’s design will benefit from lessons learnt through implementation of similar on-going Bank projects in Kenya and experience gained elsewhere. The key lessons learned from these projects and reflected in this project’s design include: Focussing on fewer but concise components is critical to ensure delivery of results; There is need for a robust results-based monitoring and evaluation system; Need for efficient contract management cannot be over-emphasized; and since available resources can rarely meet all the envisaged needs, a narrower target criteria and embracing the poor in particular can help with better focusing of the assistance. The project was appraised on 13-17 June 2022 following a government request for support dated 9th June 2022 and will be implemented from 31st July 2022 to 31st July 2024. The program will contribute to strengthening food security and resilience of the Kenyan economy, with particular emphasis on increasing national agricultural productivity, mitigating food security risks, and enhancing private sector and fiscal resilience. The project primely contributes towards climate Adaptation result. As such 30% of the total approval is attributed as climate finance, out of which 20 million USD is adaptation finance. |
| Country |
| Source |
| African Development Bank Group |
| Regions |
| Sectors |
| Published Date |
| 13.07.2022 |
| Original Url |
| View Original Url |
| Share |
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