Provision of financial products, management and administration of the credit facility for the Cabinda Province Agriculture Value Chain Development Project (CPAVCDP)
Item Details:
- Organisation: African Development Bank
- Reference Number: P-AO-AAZ-001
- Published: 08 November 2019
- Deadline: 21 November 2019 at 15:00 hours
- Time zone: Local time
- Street: Bairro a Resistência
- City: Município Sede
- Country: Angola
- Expires: This ad has expired
Item Description:
The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).
The Government of Republic of Angola has received a loan from the African Development Bank towards the cost of the “Cabinda Province Agriculture Value Chains Development Project (CPAVCDP)”and, intends to apply a portion of the proceeds of this loan to eligible payments under the contract for the provision of financial products, management and administration of the credit facility.
Objectives of the Project
The development objective of the Cabinda Province Agriculture Value Chains Development Project (CPAVCDP) is to contribute to food and nutritional security, employment generation and shared wealth creation along the commodity value chain. The specific project objectives are to increase farmers’ food and nutrition security and incomes through increased agricultural output and value addition. The Project will also contribute to enhance income of small and medium enterprises engaged in input supply, production, processing, storage and marketing of selected commodities on a sustainable basis.
Objectives of the Services
The overall objective of the services is to provide a sustainable financing facility to the 8000 beneficiaries for the development of agriculture value chains for the selected commodities in Cabinda Province.
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