Sierra Leone Agro-Processing Competitiveness Project

Abstract*

The development objective of the Agro-Processing Competitiveness Project for Sierra Leone is to improve business environment in agribusiness sector and increase productivity of targeted agro‐processing firms in Sierra Leone. The project comprises of three components. The first component is promote enabling environment for agro‐processing sector competitiveness and growth of agribusiness firms. It consists of following sub-components: (i) enabling... Show More

Development Objective

To improve business environment in agribusiness sector and increase productivity of targeted agro-processing firms in Sierra Leone.

Key Details

Project Details

Project ID
P160295
Status
Closed
Team Leader
Alari Mahdi , Nancy Chen, Kadir Gyasi
Borrower 2
Republic of Sierra Leone

Country
Sierra Leone
Disclosure Date
July 14, 2017
Approval Date
(as of board presentation)
July 9, 2018
Effective Date
October 24, 2018

Total Project Cost 1
US$ 10.00 million
Implementing Agency
Ministry of Trade and Industry
Region
Western and Central Africa
Fiscal Year 3
2019

Commitment Amount
US$ 10.00 million
Environmental Category
B
Environmental and Social Risk
N/A
Closing Date
December 31, 2023

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
June 26, 2024

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Trade26%
- FY17 - Trade Policy26%

FY17 - Finance

FY17 - Finance for Development57%
- FY17 - Agriculture Finance57%
FY17 - Financial Infrastructure and Access26%
- FY17 - MSME Finance26%

FY17 - Private Sector Development

FY17 - Business Enabling Environment28%
- FY17 - Investment and Business Climate28%
- FY17 - Regulation and Competition Policy25%
FY17 - Enterprise Development80%
- FY17 - Entrepreneurship80%
- FY17 - MSME Development46%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	10.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	10.00
IBRD + IDA Commitment	10.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	10.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Aug 15, 2022	IDA-62990	Int Charges	127.13
Aug 15, 2022	IDA-62990	Int Charges	127.13
Aug 30, 2022	IDA-62990	Int Charges	21,552.66
Aug 30, 2022	IDA-62990	Int Charges	21,552.66
Sep 5, 2023	IDA-62990	Loan Disb	791,548.75
Feb 15, 2023	IDA-62990	Int Charges	457.36
Feb 15, 2023	IDA-62990	Int Charges	457.36
Apr 4, 2023	IDA-62990	Loan Disb	1,243,878.00
Feb 17, 2023	IDA-62990	Int Charges	26,234.70
Feb 17, 2023	IDA-62990	Int Charges	26,234.70
Aug 15, 2024	IDA-62990	Loan Repay	139,356.22
Aug 15, 2024	IDA-62990	Int Charges	30,913.40
Aug 15, 2024	IDA-62990	Int Charges	30,913.40
Aug 15, 2024	IDA-62990	Int Charges	-409.05
Aug 15, 2024	IDA-62990	Int Charges	409.05
Aug 15, 2024	IDA-62990	Loan Repay	817.16
Dec 19, 2023	IDA-62990	Loan Disb	-494,960.00
Aug 15, 2023	IDA-62990	Int Charges	0.01
Aug 15, 2023	IDA-62990	Int Charges	0.01
Aug 16, 2023	IDA-62990	Int Charges	5.39
Aug 16, 2023	IDA-62990	Int Charges	5.39
Aug 16, 2023	IDA-62990	Int Charges	31,068.97
Aug 16, 2023	IDA-62990	Int Charges	31,068.97
Jul 9, 2018	IDA-62990	Loan Commitment	10,000,000.00
Feb 15, 2024	IDA-62990	Int Charges	67.45
Feb 15, 2024	IDA-62990	Int Charges	67.45
Mar 15, 2024	IDA-62990	Int Charges	34,332.56
Mar 15, 2024	IDA-62990	Int Charges	34,332.56
Aug 16, 2019	IDA-62990	Int Charges	417.63
Aug 16, 2019	IDA-62990	Int Charges	417.63
Dec 19, 2023	IDA-62990	Loan Cancel	531,931.00
Aug 16, 2019	IDA-62990	Int Charges	2,505.76
Aug 16, 2019	IDA-62990	Int Charges	2,505.76
Jan 15, 2019	IDA-62990	Loan Disb	679,732.06
Feb 20, 2020	IDA-62990	Int Charges	2,503.60
Feb 20, 2020	IDA-62990	Int Charges	2,503.60
Dec 17, 2019	IDA-62990	Loan Disb	470,271.88
Feb 15, 2020	IDA-62990	Int Charges	24.89
Feb 15, 2020	IDA-62990	Int Charges	24.89
Feb 24, 2021	IDA-62990	Int Charges	1,802.06
Feb 24, 2021	IDA-62990	Int Charges	1,802.06
Feb 24, 2021	IDA-62990	Int Charges	9,685.88
Feb 24, 2021	IDA-62990	Int Charges	9,685.88
Jan 6, 2021	IDA-62990	Loan Disb	1,327,762.20
Aug 15, 2020	IDA-62990	Int Charges	537.38
Aug 15, 2020	IDA-62990	Int Charges	537.38
Aug 15, 2020	IDA-62990	Int Charges	4,268.84
Aug 15, 2020	IDA-62990	Int Charges	4,268.84
Jun 17, 2020	IDA-62990	Loan Disb	1,338,800.00
May 5, 2022	IDA-62990	Loan Disb	539,473.70
Aug 16, 2021	IDA-62990	Loan Disb	1,186,080.00
Aug 17, 2021	IDA-62990	Int Charges	1,110.33
Aug 17, 2021	IDA-62990	Int Charges	1,110.33
Aug 17, 2021	IDA-62990	Int Charges	14,466.08
Aug 17, 2021	IDA-62990	Int Charges	14,466.08
Feb 15, 2022	IDA-62990	Int Charges	189.30
Feb 15, 2022	IDA-62990	Int Charges	189.30
Feb 15, 2022	IDA-62990	Int Charges	7,112.20
Feb 15, 2022	IDA-62990	Int Charges	7,112.20
Mar 14, 2022	IDA-62990	Int Charges	11,120.03
Mar 14, 2022	IDA-62990	Int Charges	11,120.03
Mar 29, 2022	IDA-62990	Loan Disb	1,209,542.90
Oct 5, 2022	IDA-62990	Loan Disb	934,613.75

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Satisfactory	2023-12-30
Procurement	Satisfactory	2023-12-30
Progress towards achievement of PDO	Moderately Satisfactory	2023-12-30
Project Management	Satisfactory	2023-12-30
Financial Management	Satisfactory	2023-12-30
Monitoring and Evaluation	Satisfactory	2023-12-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2024
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 10-29-2024	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of new investments in agribusiness sector Value 0.00 20.00 0.00
Date November 28, 2017 December 31, 2023
Comment
Increased volume of processed products by SMEs Value 0.00 30.00 0.00
Date November 28, 2017 December 31, 2023
Comment
Of which female involved as owners or workers Value 0.00 8.00 0.00
Date November 28, 2017 December 31, 2023
Comment
Of which female owned Value 0.00 40.00 0.00
Date November 28, 2017 December 31, 2023
Comment
Average cost to comply with EPA regulations Value 25000.00 5000.00 0.00
Date November 28, 2017 December 31, 2023
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of agribusiness firms implementing revised EIA procedures Value 0.00 40.00 0.00
Date November 29, 2017 December 31, 2023
Comment
Number of SMEs compliant with private/international market standards Value 0.00 30.00 0.00
Date November 29, 2017 December 31, 2023
Comment
Agroprocessing industry association feedback on effectiveness of project activities Value No feedback available Positive Feedback
Date May 31, 2018 December 31, 2023
Comment
Agribusiness investor use of Investor Relationship Management System Value 0.00 50.00 0.00
Date November 29, 2017 December 31, 2023
Comment
Of which female Value 0.00 15.00 0.00
Date November 29, 2017 December 31, 2023
Comment
Number of SME action plans receiving funding for business expansion Value 0.00 60.00 0.00
Date November 29, 2017 December 31, 2023
Comment
Of which female Value 0.00 25.00 0.00
Date November 29, 2017 December 31, 2023
Comment

Number of new investments in agribusiness sector	Value	0.00	20.00	0.00
	Date	November 28, 2017	December 31, 2023
	Comment

Of which female owned	Value	0.00	40.00	0.00
	Date	November 28, 2017	December 31, 2023
	Comment

Average cost to comply with EPA regulations	Value	25000.00	5000.00	0.00
	Date	November 28, 2017	December 31, 2023
	Comment

Agroprocessing industry association feedback on effectiveness of project activities	Value	No feedback available	Positive Feedback
	Date	May 31, 2018	December 31, 2023
	Comment

Of which female	Value	0.00	15.00	0.00
	Date	November 29, 2017	December 31, 2023
	Comment