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Valorization of Investments in the Valley of the Logone

Abstract*

The development objective of the Valorization of Investments in the Valley of the Logone Project for Cameroon is to improve irrigation and drainage services and agricultural production in the irrigated areas of the Logone valley. The project comprises of four components. The first component, improvement of infrastructure and water management goal is to contribute to more sustainable and equitable regional water resources management in addition to...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve irrigation and drainage services and agricultural production in the irrigated areas of the Logone Valley

Key Details

Project Details

  • P168772

  • Active

  • Thierry Davy

  • Republic of Cameroon

  • Cameroon

  • January 24, 2019

  • (as of board presentation)

    November 30, 2021

  • November 28, 2022

  • US$ 217.40 million

  • Société d’Expansion et Modernisation de la Riziculture de Yagoua (SEMRY),Ministry of Agriculture and Rural Development (MINADER)

  • Western and Central Africa

  • 2022

  • US$ 200.00 million

  • A

  • February 13, 2024

  • June 30, 2029

  • No

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 200.00
Local Beneficiaries 10.40
Borrower/Recipient 7.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 200.00
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 217.40

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 15, 2024 IDA-70030 Int Charges 18,498.68
Jul 2, 2024 IDA-70030 Loan Disb 278,718.16
Mar 7, 2024 IDA-70030 Loan Disb 233,900.81
Feb 2, 2024 IDA-70030 Loan Disb 252,822.67
Jan 30, 2024 IDA-70030 Loan Disb 221,622.92
Mar 21, 2024 IDA-70030 Loan Disb 162,541.81
Apr 22, 2024 IDA-70030 Loan Disb 320,511.66
Sep 2, 2024 IDA-70030 Int Charges 202.06
Sep 2, 2024 IDA-70030 Int Charges 75,912.35
Sep 2, 2024 IDA-70030 Int Charges 75,912.35
May 24, 2024 IDA-70030 Loan Disb 279,349.66
Aug 27, 2024 IDA-70030 Loan Disb 378,203.70
Jul 29, 2024 IDA-70030 Loan Disb 262,459.62
Jun 21, 2024 IDA-70030 Loan Disb 161,585.55
Jun 25, 2024 IDA-70030 Loan Disb 5,872,873.00
Jun 3, 2024 IDA-70030 Loan Disb 407,585.97
Nov 30, 2021 IDA-70030 Loan Commitment 200,000,000.00
Jun 25, 2024 IDA-70030 Loan Disb 2,261,056.20
Jun 25, 2024 IDA-70030 Loan Disb 5,746,751.00
Jun 25, 2024 IDA-70030 Loan Disb 5,649,147.50
Jun 25, 2024 IDA-70030 Loan Disb 5,527,830.00
Jun 25, 2024 IDA-70030 Loan Disb 2,174,921.80
Jun 13, 2024 IDA-70030 Loan Disb 988,763.40
Apr 28, 2023 IDA-70030 Loan Disb 268,475.84
Feb 3, 2023 IDA-70030 Loan Disb 667,450.40
Feb 3, 2023 IDA-70030 Loan Disb 3,337,252.00
Aug 18, 2023 IDA-70030 Int Charges 995.08
Aug 18, 2023 IDA-70030 Int Charges 995.08
Aug 18, 2023 IDA-70030 Int Charges 437.83
Aug 18, 2023 IDA-70030 Int Charges 43,852.73
Aug 18, 2023 IDA-70030 Int Charges 43,852.73
Aug 18, 2023 IDA-70030 Int Charges 18,726.74
Sep 18, 2023 IDA-70030 Loan Disb 214,155.60
Dec 16, 2022 IDA-70030 Loan Disb 5,493,818.00
Aug 27, 2024 IDA-70030 Loan Disb 322,931.12
Oct 23, 2023 IDA-70030 Loan Disb 230,263.94
Dec 14, 2023 IDA-70030 Loan Disb 265,874.38
Oct 12, 2023 IDA-70030 Loan Disb 505,592.90
Nov 29, 2023 IDA-70030 Loan Disb 300,938.44
Jul 17, 2023 IDA-70030 Loan Disb 699,649.70
Jun 13, 2024 IDA-70030 Loan Disb 249,682.40
Jul 1, 2024 IDA-70030 Loan Disb 874,773.30
Feb 15, 2024 IDA-70030 Int Charges 561.80
Feb 15, 2024 IDA-70030 Int Charges 42,487.93
Feb 15, 2024 IDA-70030 Int Charges 42,487.93

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2025-03-04
Financial Management Moderately Satisfactory 2025-03-04
Monitoring and Evaluation Moderately Satisfactory 2025-03-04
Overall Implementation Progress (IP) Unsatisfactory 2025-03-04
Procurement Moderately Satisfactory 2025-03-04
Project Management Unsatisfactory 2025-03-04

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Cropping intensity of developed perimeters (hectares harvested per year/hectares equipped for irrigation)Value0.800.801.80
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Area provided with improved irrigation and drainage services (hectares); (core indicator)Value0.000.0012210.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Area prepared by (harrowed/ploughed) by the farmers or a private provider (ha/year)Value700.00700.0017500.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Agricultural production (rice) in the area (tons per year)Value50000.0050000.00115000.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Direct beneficiaries (number)Value0.000.0030000.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Hydromet stations functioning improving climate change monitoringValue3.007.0010.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Farmers reached with e-voucher programValue0.000.0024420.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • A "new SEMRY" operational based on the implementation of the transformational plan (based on PBCs)ValueNew SEMRY not operationalNew SEMRY not operational.New SEMRY fully operational
    DateNovember 28, 2022February 12, 2024April 26, 2027
    Comment
  • Increase in linear corridor flood alert system (km)Value70.0070.00300.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Amounts of total vouchers (US$ million) of which females at least 30 percentValue0.000.008.40
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Beneficiaries having received trainingValue0.000.002050.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Irrigation scheme management transferred to water user associations (hectares)Value0.000.0012210.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Of which females(US$ million); at least 30 percentValue0.000.002.50
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Beneficiaries having received training at the Innovation Training Center (females at least 30 percent)Value0.000.001000.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Operational WUAsValue0.000.008.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Business plans financedValue0.000.002490.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Beneficiaries having received training at technical and vocational levels (females at least 30 percent)Value0.000.001000.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Women in decision-making positions in WUAsValue0.000.0020.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Beneficiaries having received training at higher education level (females at least 30 percent)Value0.000.0050.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • of which business plans of female entrepreneurs/farmersValue0.000.001046.00
    DateNovember 28, 2022February 12, 2024December 29, 2028
    Comment
  • Total amount of business plans financed (US$ million)Value0.000.005.20
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Citizen engagement indicator: Stakeholder and citizen participation in the Steering Committee and Regional Technical GroupValue0.000.004.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Grievances received and addressed within the specified GRM timeframeValue0.000.0090.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • of which for female farmers/groupsValue0.000.001.07
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Irrigation area diversified (hectares)Value0.000.001000.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment
  • Organizations subscribed to the CGERValue0.000.0050.00
    DateNovember 28, 2022February 12, 2024June 29, 2029
    Comment