| Financier | Commitments |
|---|---|
| IDA Credit | 55.00 |
| Local Beneficiaries | 4.00 |
Liberia: Rural Economic Transformation Project
Abstract*
The development objective of Rural Economic Transformation Project for Liberia is to improve productivity and market access for small holder farmers and agri-enterprises for selected value chains in project participating counties. This project has four components. 1) The first component, Improving the Enabling Environment for Agribusiness Development, aims to improve the enabling environment for agribusiness development in Liberia. 2) The second component... Show More
Development Objective
To improve productivity and market access for small holder farmers and agri-enterprises for selected value chains in project participating counties.
Key Details
Project Details
P175263
Active
Kadir Gyasi , Adetunji Oredipe, Tojoarofenitra Ramanankirahina
Ministry of Agriculture,Republic of Liberia
December 18, 2020
(as of board presentation)
June 4, 2021
December 14, 2021
US$ 59.00 million
Ministry of Agriculture
2021
US$ 55.00 million
N/A
March 31, 2024
June 30, 2029
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 55.00 |
| IBRD + IDA Commitment | 55.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 59.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 6, 2024 | IDA-69000 | Loan Disb | 5,244,420.50 |
| Apr 11, 2022 | IDA-69000 | Loan Disb | 4,564,345.00 |
| Dec 14, 2021 | IDA-69000 | Fee Charges | 137,500.00 |
| Dec 14, 2021 | IDA-69000 | Loan Disb | 137,500.00 |
| Apr 21, 2023 | IDA-69000 | Loan Disb | 6,714,094.00 |
| May 23, 2024 | IDA-72670 | Loan Disb | 9,570,650.00 |
| Apr 1, 2024 | IDA-69000 | Int Charges | 2,319.27 |
| Dec 19, 2023 | IDA-74690 | Loan Commitment | 76,000,000.00 |
| Dec 22, 2022 | IDA-72670 | Loan Commitment | 30,000,000.00 |
| Dec 14, 2021 | IDA-69000 | Loan Disb | 751,628.44 |
| Aug 15, 2022 | IDA-69000 | Int Charges | 36,740.49 |
| Aug 15, 2022 | IDA-69000 | Int Charges | 324.34 |
| Aug 15, 2022 | IDA-69000 | Int Charges | 1,240.93 |
| Aug 15, 2022 | IDA-69000 | Int Charges | 63,143.56 |
| Nov 28, 2022 | IDA-69000 | Loan Disb | 2,300,000.00 |
| Nov 28, 2022 | IDA-69000 | Loan Disb | 681,914.50 |
| Apr 1, 2024 | IDA-69000 | Int Charges | 254,229.36 |
| Aug 15, 2022 | IDA-69000 | Loan Disb | -5,453,473.50 |
| Feb 15, 2022 | IDA-69000 | Int Charges | 68,177.97 |
| Feb 15, 2022 | IDA-69000 | Int Charges | 286.35 |
| Aug 15, 2022 | IDA-69000 | Loan Disb | 5,453,473.50 |
| Feb 23, 2023 | IDA-69000 | Int Charges | 115,322.78 |
| Aug 15, 2023 | IDA-69000 | Loan Disb | 9,696,008.00 |
| Sep 29, 2023 | IDA-69000 | Int Charges | 100,627.19 |
| Aug 15, 2024 | IDA-69000 | Loan Disb | 12,403,831.00 |
| Aug 29, 2024 | IDA-69000 | Int Charges | 105,099.31 |
| Aug 29, 2024 | IDA-69000 | Int Charges | 255,877.69 |
| Aug 22, 2024 | IDA-69000 | Int Charges | 8,214.78 |
| Apr 1, 2024 | IDA-69000 | Int Charges | 112,050.72 |
| Apr 1, 2024 | IDA-69000 | Int Charges | 48,854.03 |
| Apr 1, 2024 | IDA-69000 | Int Charges | 36,256.67 |
| May 9, 2024 | IDA-69000 | Loan Disb | 5,038,015.00 |
| Aug 15, 2024 | IDA-69000 | Loan Disb | -12,403,831.00 |
| Nov 15, 2023 | IDA-69000 | Loan Disb | 2,121,395.20 |
| Sep 29, 2023 | IDA-69000 | Int Charges | 2,933.31 |
| Sep 29, 2023 | IDA-69000 | Int Charges | 52,392.87 |
| Sep 29, 2023 | IDA-69000 | Int Charges | 219,601.94 |
| Aug 22, 2024 | IDA-69000 | Int Charges | 121.87 |
| Aug 22, 2024 | IDA-69000 | Int Charges | 39,913.17 |
| Aug 22, 2024 | IDA-69000 | Int Charges | 265,401.60 |
| Feb 23, 2023 | IDA-69000 | Int Charges | 8,803.42 |
| Feb 23, 2023 | IDA-69000 | Int Charges | 60,828.70 |
| Feb 23, 2023 | IDA-69000 | Int Charges | 34,670.28 |
| Aug 15, 2023 | IDA-69000 | Loan Disb | -9,696,008.00 |
| Jun 4, 2021 | IDA-69000 | Loan Commitment | 55,000,000.00 |
| Nov 10, 2023 | IDA-72670 | Loan Disb | 6,203,255.50 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2024-12-25 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-12-25 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-12-25 |
| Procurement | Moderately Satisfactory | 2024-12-25 |
| Financial Management | Moderately Satisfactory | 2024-12-25 |
| Project Management | Moderately Satisfactory | 2024-12-25 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Farmers reached with agricultural assets or services Value 0.00 15783.00 30000.00 Date August 1, 2021 February 22, 2024 June 30, 2029 Comment Farmers reached with agricultural assets or services - Female Value 0.00 0.00 4800.00 Date Comment Farmers reached with climate-smart agricultural assets Value 0.00 0.00 8000.00 Date Comment Increased yield of targeted agricultural produce by project- supported farmers, disaggregated by targeted commodity (Percentage) Value 4.80 12.90 30.00 Date April 21, 2021 February 22, 2024 June 30, 2029 Comment Increased yield of cassava by project- supported farmers Value 0.00 60.00 30.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment Increased yield of rubber by project- supported farmers Value 0.00 16.70 30.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment Increased yield of pork by project- supported farmers Value 0.00 6.60 30.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment Increased yield of poultry by project- supported farmers Value 0.00 7.00 20.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment Increase in marketed volume of locally produced agricultural commodities by project supported FBOs, disaggregated by targeted commodity Value 0.00 33.60 50.00 Date June 30, 2021 February 22, 2024 June 30, 2029 Comment Increase in volume of sales of cassava produced by project-supported FBOs Value 0.00 50.00 70.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Increase in volume of sales of rubber produced by project-supported FBOs Value 0.00 31.50 50.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Increase in volume of sales of pork produced by project-supported FBOs Value 0.00 44.00 50.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Increase in volume of sales of poultry produced by project-supported FBOs Value 0.00 50.00 50.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Reduction in transportation time (Percentage) Value 0.00 0.00 50.00 Date March 25, 2021 February 22, 2024 June 30, 2029 Comment Reduction in transportation time between Tappita and Toe Town Value 0.00 0.00 50.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment Reduction in transportation time between Toe-Town and Zwedru Value 0.00 0.00 50.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment Direct project beneficiaries Value 0.00 63132.00 160000.00 Date April 21, 2021 February 22, 2024 June 30, 2029 Comment Number of females Value 0.00 31566.00 64000.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Reduction in food insecure people in project targeted areas Value 0.00 0.00 25.00 Date October 5, 2022 February 13, 2023 June 30, 2029 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Sub-projects prepared Value 0.00 67.00 150.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Percentage of project related grievances that are addressed Value 0.00 0.00 90.00 Date May 25, 2021 September 1, 2023 June 30, 2029 Comment Climate resilient roads constructed (CRI, Kilometers) Value 0.00 0.00 115.00 Date March 8, 2021 September 1, 2023 June 12, 2029 Comment Community infrastructure developed or rehabilitated Value 0.00 0.00 120.00 Date October 20, 2022 September 1, 2023 June 30, 2029 Comment Policies/ laws/ regulations supported Value 0.00 2.00 3.00 Date May 25, 2021 September 1, 2023 June 30, 2029 Comment Farmers adopting improved agricultural technology, disaggregated by gender Value 0.00 13505.00 24000.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Farmers using market information Value 0.00 37.00 50.00 Date May 25, 2021 September 1, 2023 June 30, 2029 Comment Project beneficiaries of the Cash-for-works program and nutritional support Value 0.00 0.00 5000.00 Date June 30, 2021 September 1, 2023 June 30, 2029 Comment PPD organizations and FBOs receiving technical assistance or training Value 0.00 240.00 65.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Project beneficiaries of the Cash-for-works programme and nutritional support (Female) Value 0.00 0.00 2000.00 Date June 30, 2021 September 1, 2023 June 30, 2029 Comment Reports produced through MIS system Value 0.00 7.00 80.00 Date May 25, 2021 September 1, 2023 June 30, 2029 Comment of which female Value 0.00 8508.00 9600.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Project beneficiaries reached with new climate smart technologies Value 0.00 15738.00 16000.00 Date May 30, 2021 February 22, 2024 June 30, 2029 Comment Farmers linked to off-takers Value 0.00 4803.00 24000.00 Date May 25, 2021 February 22, 2024 June 30, 2029 Comment Beneficiaries satisfied with delivery (timeliness and quality) of project benefits (percentage) disaggregated by gender Value 0.00 0.00 75.00 Date March 8, 2021 September 1, 2023 June 30, 2029 Comment Commercial facilities/markets constructed/rehabilitated Value 0.00 0.00 10.00 Date January 25, 2021 September 1, 2023 June 30, 2029 Comment Increase in subsistence consumption Value 0.00 0.00 30.00 Date June 30, 2021 September 1, 2023 June 30, 2029 Comment Female Beneficiaries satisfied with delivery (timeliness and quality) of project benefits (percentage). Value 0.00 0.00 75.00 Date March 8, 2021 September 1, 2023 June 30, 2029 Comment Area cultivated for food production with the distributed inputs by the beneficiaries Value 0.00 17706.64 24000.00 Date June 30, 2021 February 22, 2024 June 30, 2029 Comment Women farmers accessing agricultural matching grants for the first time Value 0.00 1046.00 4000.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment Women in target areas accessing investment financing for agriculture (all sources of finance) Value 15.00 35.00 30.00 Date March 8, 2021 February 22, 2024 June 30, 2029 Comment