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AFRICAN DEVELOPMENT FUND

TANZANIA AGRICULTURAL INPUTS SUPPORT PROJECT

PROJECT APPRAISAL REPORT

Vice-President BETH DUNFORD, AHVP


Director General NNENA NWABUFO, RDGE
Sector Director MARTIN FREGENE, AHAI
Sector Manager PASCAL SANGINGA, RDGE.2
Country Manager PATRICIA LAVERLEY, COTZ
Team Leader PASCAL SANGINGA, RDGE.2
SALUM RAMADHANI, SENIOR AGRICULTURAL ECONOMIST, COTZ
Task Team GRACE SHITTU, CONSULTANT/AGRICULTURAL ECONOMIST, AHAI
MARIA MKENDA, PRINCIPAL INVESTMENT OFFICER, AFFM
OLUFUNSO ADEGBENGA SOMORIN, PRINCIPAL CLIMATE CHANGE AND GREEN
GROWTH OFFICER, RDGE
EMMANUEL NYIRINKWAYA, REGIONAL FRAGILITY AND RESILIENCE OFFICER,
RDGE
ELIZABETH NGAMI MUKEWA, CONSULTANT/GENDER SPECIALIST, RDGE
PARVEEN KUMAR GUPTA, PRINCIPAL PROCUREMENT SPECIALIST, COTZ
ALEX KANYERERE MKANDAWIRE, SENIOR FINANCIAL MANAGEMENT SPECIALST,
COTZ
EMMANUEL MULIGIRWA, PRINCIPAL ENVIRONMENTAL AND SOCIAL SAFEGUARD
OFFICER, SNSC
NUSULA KIZITO NASSUNA, PRINCIPAL LEGAL COUNSEL, PGCL
Peer Reviewers DUNCAN MWESIGE, CHIEF AGRICULTURAL ECONOMIST, RDGE.2
NNAEMEKA KORIE, SENIOR AGRICULTURAL ECONOMIST, AHAI
SULE OCHAI, CONSULTANT/AGRICULTURAL ECONOMIST, AHAI
AFRICAN DEVELOPMENT FUND
Public Disclosure Authorized

TANZANIA

AGRICULTURAL INPUTS SUPPORT PROJECT

AHVP/RDGE/AHAI/COTZ DEPARTMENTS
Public Disclosure Authorized

July 2022
TABLE OF CONTENTS
ABBREVIATION AND ACRONYMS………………………………………………………………………..
PROJECT INFORMATION SHEET…………………………………………………………………………..
I. INTRODUCTION .................................................................................................................................................1
II. STRATEGIC THRUST & RATIONALE ...............................................................................................................1
2.1 MAIN DEVELOPMENT CONSTRAINTS ................................................................................................................................ 1
2.2. PROJECT LINKAGES WITH COUNTRY STRATEGY AND OBJECTIVES.................................................................................... 2
2.3 RATIONALE FOR BANK’S INTERVENTION .......................................................................................................................... 2
2.4 COORDINATION AND COOPERATION WITH TECHNICAL AND FINANCIAL PARTNERS ............................................................ 3

III. PROJECT DESCRIPTION...................................................................................................................................3


3.1 PROJECT OBJECTIVES AND COMPONENTS.......................................................................................................................... 3
3.2 THEORY OF CHANGE ....................................................................................................................................................... 4
3.3 TECHNICAL SOLUTIONS RETAINED AND OTHER ALTERNATIVES EXPLORED.......................................................................... 5
3.4 TYPE OF PROJECT: INVESTMENT PROJECT........................................................................................................................... 5
3.5 PROJECT COST AND FINANCING ARRANGEMENTS ............................................................................................................. 5
3.6 PROJECT’S TARGET AREA AND POPULATION BENEFICIARIES ............................................................................................ 6
3.7 BANK GROUP EXPERIENCE AND LESSONS REFLECTED IN DESIGN ...................................................................................... 6

IV. PROJECT FEASIBILITY ....................................................................................................................................6


4.1 ECONOMIC AND FINANCIAL PERFORMANCE ..................................................................................................................... 6
4.2 ENVIRONMENTAL AND SOCIAL IMPACTS........................................................................................................................... 7

V. IMPLEMENTATION...........................................................................................................................................7
5.1 INSTITUTIONAL AND IMPLEMENTATION ARRANGEMENTS.................................................................................................. 7
5.2 PROCUREMENT ............................................................................................................................................................... 8
5.3 FINANCIAL MANAGEMENT, DISBURSEMENT, AND AUDIT ................................................................................................... 8
5.4 MONITORING AND EVALUATION ...................................................................................................................................... 9
5.6 RISK MANAGEMENT........................................................................................................................................................ 9

VI . LEGAL INSTRUMENTS AND AUTHORITY .................................................................................................10


6.1 LEGAL INSTRUMENT...................................................................................................................................................... 10
6.2 COMPLIANCE WITH BANK POLICIES ............................................................................................................................... 11

VII. RECOMMENDATION....................................................................................................................................11
I. RESULTS FRAMEWORK
II. ENVIRONMENTAL AND SOCIAL COMPLIANCE NOTE (ESCON)
CURRENCY EQUIVALENTS

Exchange rate effective [Insert Date]

Currency Unit1 Equivalent


1 Unit of Account 1.35 USD
1 United States Dollar 2 327 TZS

FISCAL YEAR
1 July – 30 June

WEIGHTS AND MEASURES


1 Metric ton 2,204.62 Pounds (lbs)
1 Kilogramme (kg) 2.20462 lbs
1 Meter (m) 3.28 Feet (ft)
1 Millimetre (mm) 0.03937 Inch (“)
1 Kilometre (km) 0.62 Mile
1 Hectare (ha) 2.471 Acres

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Add any additional foreign or local currencies relevant to the project and their currency equivalents.

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ABBREVIATION AND ACRONYMS

ADF African Development Fund


AEFPF African Emergency Food Production Facility
AFD Agence Fraincais de Developpement (French Development Agency)
AfDB African Development Bank
AFFM Africa Fertilizer Financing Mechanism
AMSDP Agricultural Marketing Systems Development Program
ARDS Agricultural Routine Data System
ASA Agricultural Seeds Agency
ASDP Agricultural Sector Development Program
AWG Agriculture Sector Working Group
BPM Procurement Policy and Methodology for Bank Group Funded Operations
CAG Controller and Auditor General
CRDB Centenary Rural Development Bank
CRF COVID-19 Rapid Response Facility
CRFA Country Resilience and Fragility Assessment
CSP Country Strategy Paper
DASIP District Agriculture Sector Investment Program
DCD Director of Crops Development
DCF Development Cooperation Framework
DP Development Partners
DPP Director of Policy and Planning
E&S Environmental and Social Safeguards
EA Executing Agency
EGS Early Generation Seed
EIRR Economic Internal Rate of Return
ESCON Environmental and Social Compliance Note
ESIA Environmental and Social Impact Assessment
ESMP Environmental and Social Management Plan
FAO Food and Agriculture Organisation
FAREC Feed Africa Response to Covid-19
FIRR Financial Internal Rate of Return
FS Financial Statements
FYDP Five Years Development Plan
GAP Good Agricultural Practices
GDP Gross Domestic Product
GEN Gender Marker System
GoT Government of Tanzania
IFAD International Fund for Agricultural Development

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IFR Interim Financial Reports
IPSAS Public Sector Accounting Standards
ISTS Integrated Safeguards Tracking System
JICA Japanese International Coorporation Ageny
LGA Local Government Authority
M&E Monitoring and Evaluation
M-Kilimo Agricultural Extension Information Platform
MoA Ministry of Agriculture
MT Metric Tons
MVIWATA The Network for Smallholder Farmers in Tanzania
NAIVS National Agriculture Input Voucher Scheme
NMB National Microfinance Bank
NPV Net Present Value
OCB Open Competitive Bidding
PAR Project Appraisal Report
PFM Public Financial Management
PIT Project Implementation Team
PMPs Procurement Methods and Procedures
PRCA Procurement Risks and Capacity Assessment
PRODAP Lake Tanganyika Integrated Regional Development Program
PSC Project Steering Committee
PTC Project Technical Committee
SA Special Account
SBDs Standard Bidding Documents
SDG Sustainable Development Goals
SUGECO Sokoine University Graduates Entrepreneurs Cooperative
TAAT Technologies for African Agricultural Transformation
TADB Tanzania Agricultural Development Bank
TAISP Tanzania Agricultural Inputs Support Project
TANIPAC Tanzania Initiative for Preventing Aflatoxin Contamination
TARI Tanzania Agricultural Research Institute
TASTA Tanzania Seed Traders Association
TFRA Tanzania Fertilizer Regulatory Authority
TOSCI Tanzania Official Seeds Certification Institute
TPHPA Tanzania Plant Health and Pesticides Authority
UA Unit of Account
UN United Nations
UNCDF United Nations Capital development Fund
USD United States Dollar
WFP World Food Program

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PROJECT INFORMATION SHEET

CLIENT INFORMATION
Project Name TANZANIA AGRICULTURAL INPUTS SUPPORT PROJECT
Sector AGRICULTURE
Borrower/ Recipient UNITED REPUBLIC OF TANZANIA
Project Instrument ADF 15 Loan (UA 52.59 M) and ADF 15 Grant (UA 1.82 M)
Executing Agency MINISTRY OF AGRICULTURE

COUNTRY AND STRATEGIC CONTEXT


Country Strategy Paper [2021-2025]
Period:
Country Strategy Paper
[Priority 2: Improved private sector business environment for job creation.
Priorities supported by Project:
National Development Vision
Government Program (PRSP,
Five Year Development Plan III 2021/22-2025/26
NDP or equivalent):
Agricultural Sector Development Programme II 2017/18-2022/23
[Relevant High 5 Priority Area(s):
• Feed Africa
• Improve the Life of the People of Africa
SDG 1: End poverty in all its forms everywhere,
Project classification:
SDG 2: End hunger, achieve food security and improved nutrition
SDG 5: Achieve gender equality and empower all women and girls
SDG 13: Take urgent action to combat climate change and its impacts.
[Selectivity priority/ies]
Country Performance and
Institutional Assessment2: 4.2

Projects at Risk in the country


6% (05/07/2022)
portfolio:

PROJECT CATEGORISATION
Environmental and Social Risk
[Category 2 , [SNSC 02/07/2022]
Categorization
Does the project involve
[No]
involuntary resettlement?
Climate Safeguards
[Category 2]
Categorization:
Fragility Lens Assessment: [No]
Gender Marker System
[Category 2]
Categorization:

2 Obtain CPIA rating here - Country Policy and Institutional Assessment (afdb.org) (VPN required)

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ADF/ADB KEY FINANCING INFORMATION
Interest Rate: N/A
Service Charge: (%)
Commitment Fee: 0.5%
Tenor: 40Years
Grace Period: 5 Years

Amount (millions)
Source Financing Instrument
UA [Other currency]
African Development Fund 52.59 [ADF] [Loan]
African Development Fund 1.82 [ADF/Grant]
Government Counterpart Contribution: 7.86 [Cash/ In Kind]
Total Project Cost: 54.41

PROJECT DEVELOPMENT OBJECTIVE AND COMPONENTS


To improve production, productivity and profitability of priority crops by scaling up
Project Development Objective:
delivery of affordable inputs to smallholder farmers in the target areas.
Component 1 Scaling up food production (USD 28.93 Million)
Project Components: Component 2 Financing fertilizer availability and affordability (USD 50.3 Million)
Component 3 Enabling policy and institutional strengthening (USD 4.83 Million)

PROJECT PROCESSING SCHEDULE TO BOARD APPROVAL


PCN Approval: [ 30-05- 2022]
Appraisal Mission: [06-22-06-2022]
Planned Board Presentation: [14-07- 2022]
Effectiveness: [15-08- 2022]
Project Implementation
[01-09-2022- 30/06/2025]
Period:
Planned Mid-term Review: [December2023]
Project Closing Date: [30-06- 2025]

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I. INTRODUCTION
1. Management submits the following report and recommendation on a proposed ADF loan of UA
52.59 million and an ADF grant of UA 1.82 million from the African Development Fund to the United Republic
of Tanzania to finance the Tanzania Agricultural Inputs Support Project within the framework of the African
Emergency Food Production Facility (AEFPF). The project results from a request of the Government of
Tanzania dated 30 May 2022 to support its efforts to mitigate the impact of the global compounded shocks caused
by the war in Ukraine on the domestic economy and preserve resilience. It is designed under the AEFPF,
approved by the Board of Directors on 20 May 2022. The project will contribute to strengthening food security
and resilience of the Tanzanian economy, with particular emphasis on increasing national agricultural
productivity and mitigating food security risks due to the Ukraine – Russia crisis and climate-induced stresses.

II. STRATEGIC THRUST & RATIONALE

2.1 Main Development Constraints


2. The United Republic of Tanzania is a vast country with a total land area of 945,200 km2 The estimated
population of the country stands at 59.73million in 2020, and projected to reach about 80 million by 2030.
Tanzania’s economy has registered strong growth over the last decade, but that growth has not been inclusive.
On the average, the economy grew at 6.9% annually between 2015 and 2019. With a projected GDP growth
rate of 4.7 percent in 2022 and 5.3 percent in 2023, Tanzania is projected to remain one of the stronger economic
performers in Sub-Saharan Africa. The agriculture sector accounts for a quarter of GDP and 24.1% of export
value.
3. Tanzania reached an important milestone in July 2020, when it graduated from low-income country to
lower-middle-income country status, five years ahead of target. With the implementation of poverty reduction
strategies since early 2000s, the country has recorded gradual, but modest decline in poverty rates, from 36%
recorded in 2000 to 26.4%. The real impact of the impressive economic growth was dwarfed by COVID-19
pandemic, where about 1 million people were estimated to have fallen back into poverty in 2020. Inflation is
projected to increase to 4.4% in 2022 and to 3.8% in 2023 due to higher energy prices because of the Russia–
Ukraine conflict.
4. Tanzania is one of the ten African countries most directly affected by the war in Ukraine. It is obliged to
import more than 90% of its wheat, 67% of which comes from Russia and Ukraine, as well as 47% of its
vegetable oils from Russia and Ukraine and about 25% of its fertilizer from Russia. Fertilizer demand is estimated
to be 698,262 mt/season of which local production provides less than 10%. Agricultural imports have been
increasing, with food imports (wheat, edible oil and fats), representing the largest share (80%) of total imports.
Wheat production covers barely 10% of the 1,000,000 mt annual demand. Wheat is Tanzania’s third most
important cereal crop after maize and rice, and a major source of calories for a large segment of the population,
particularly in urban areas. Sunflower is the largest oilseed crop in Tanzania but fails to meet demand for edible
oils with a deficit of of 350,000 mt over current production of 300,000 mt. It is estimated that more than 1,200,000
mt/year of additional could be achieved with the use certified seeds and quality fertilizers.
5. The Russia-Ukraine conflict, combined with the impacts from COVID-19, climate change, high prices for
fuel and fertilizer, has adverse impacts on poverty and food insecurity. Increases in the cost of edible oils and
wheat will affect all households but hit the poorest most severely. Recent estimates show that the combined food,

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fuel, and fertilizer shocks will lead to an additional 1.2 million people falling below the poverty line3. The fertilizer
shock is most detrimental for poorer rural households, which rely more heavily on agriculture for their income
and spend a larger share of their income on food. The analysis shows that reduced fertilizer availability and use
in response to higher prices, will lead to real GDP falls by 1.3 percent.

2.2. Project Linkages with Country Strategy and Objectives


6. The Tanzania Agricultural Inputs Support Project (TAISP) is fully aligned to the Third Five Year
Development Plan (FYDP III: 2021/22-2025/26), which aims to steer the country to a middle-income economy
and a high level of human development, and specifically with FYDP-III’s objective of increasing the value and
productivity of agricultural production for income and employment creation and diversification of products. The
project is fully aligned with the Agriculture Sector Development Programme II (ASDP II 2017/18–2022/23),
which aims at transforming the agriculture sector towards higher productivity, commercialization and increasing
smallholder farmer income for improved livelihood, food and nutrition securityand contribution to the GDP. The
project is also aligned with both the Tanzania’s updated Nationally Determined Contribution, 2021 which seeks
to increase agricultural productivity through climate smart agriculture interventions and the National Climate
Change Response Strategy 2021-2026.
7. TAISP is anchored in the 2030 Agenda for Sustainable Development Goals (SDG), and particularly SDG2
(zero hunger), SDG1 (no poverty), SDG 13 (climate action), and SDG 10 (Reduced inequalities). It is well
aligned with the Africa Agenda 2063 as well as the East African Development Vision 2030. The Project is also
consistent with the Bank’s Ten-Year Strategy (2013-2022)It will help achieve two of the High 5s, Feeding Africa
and Improving the quality of life for the people of Africa. The Project will also help achieve the Bank’s
policy commitments under Pillar I of ADF-15 regarding (i) technologies for agriculture; (ii) climate-
smart agriculture; (iii) and promoting gender inclusivity. The project is also aligned to the Bank’s Gender
Strategy 2021-2025 and with Pillar I of the Bank’s Climate Change and Green Growth Policy which aims at
boosting climate resilience and adaptation to climate change. It is also in line with the Bank’s current Country
Strategy Paper for Tanzania (CSP 2021-2025), particularly its second priority area Improved private sector
business environment for job creation.

2.3 Rationale for Bank’s Intervention


8. The Bank has responded to past food security crises with rapid interventions to cushion increasing prices
to lessen the impact on the poor and vulnerable populations. The Bank is in a unique position to bring its extensive
experiences in agriculture development, and in responding to similar crisis episodes such as the 2008 food price
crisis, Ebola, and COVID-19 pandemic. TAISP is fully anchored in the AEFPF, which is the Bank’s recent
response to the looming food crises that may arise as a result of the Russian war in Ukraine. The Bank is also in
a unique position to scale up success with the Technologies for African Agricultural Transformation (TAAT)
programme that has demonstrated that improved varieties from research can be rapidly scaled up to boost
production and deliver impacts at scale.

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Diao, Xinshen; Dorosh, Paul A.; Ellis, Mia; Pauw, Karl; Smart, Jenny; and Thurlow, James. 2022. Tanzania: Impacts
of the Ukraine and global crises on poverty and food security. Global Crisis Country Brief 11. Washington, DC:
International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.135958

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2.4 Coordination and Cooperation with Technical and Financial Partners
9. This project was prepared in close collaboration with other Development Partners (DPs) in the agricultural
sector working group. The Food and Agricultural Oorganisation (FAO) and the United Nations Capaital
Development Fund (UNCDF) will provide technical assistance (USD 100 000) to support the deployment of
digital solutions for the scaling up of farmer registry and E-voucher systems. Japan International Cooperation
Agency (JICA) has expressed strong interest in co-financing for a total loan of USD 50 million to further scale
up rice intensification and market linkages. This project will establish operational synergies with current projects
(Annex 1.3. Similar projects financed by the Bank and other partners) and planned long-term investment
operations.

III. PROJECT DESCRIPTION

3.1 Project objectives and components


10. The overall goal of this project is to boost local food production and strengthen the resilience of food
systems to mitigate short- and long-term risks due to the Ukraine – Russia crisis and climate-induced stresses in
Tanzania. The project development objective is to improve production, productivity and profitability of priority
crops (wheat,sunflower and rice) by scaling up the delivery of affordable inputs to smallholder farmers in the
target areas. The project is structured into three components, namely:

Component 1. Scaling up food production (USD28.930 Million or 34% of total cost)


11. Average yields of wheat, sunflower and are 1.5 t/ha, 1.0 t/ha and 1.5 t/ha below the optimal levels of
4.5t/ha, 2.5t/ha and 4.0t/ha, respectively as the average use of quality inputs, essentially improved seeds, fertilizers
and modern technology remains low. About 80 percent of agricultural production comes from rainfed, low-
input smallholder farms highly vulnerable to climate variability and change. Despite some advances over the last
decade, especially for cereals in high potential areas, a sustainable and reliable supply chain for quality seed has
not emerged. Multiplication and use of improved varieties remains low and volumes tend to be low. This project
will strengthen formal seed systems to ensure the supply of 7,200 MT of certified seeds of adapted climate
resilient varieties of wheat, 5,600T of improved sunflower varieties, and 16 000T of climate resilient rice varieties
to produce an additional 1 000 000 MT of food. This objective will be achieved by focusing investments in two
sub-components, namely (i) rapid multiplication of climate-adapted certified seeds and (ii) large-scale delivery
of certified seeds to farmers. To this end, the project will finance: (i) importation of early generation and certified
seeds of heat tolerant wheat varieties and improved sunflower varieties, (ii) rapid production and supply of early
generation seeds (-pre-basic seeds and basic) of released varieties; (iii) scaling up seed multiplication of certified
seeds; and (iv) strengthening seed quality control and and scaling up use of electronic tagging of quality seeds.
The project will also finance: (i) rolling out of the e-voucher subsidies of certified seeds leveraging digital
platforms; (ii) supporting extension services to improve farmer’s awareness and adoption of certified seeds and
good climate smart agronomic practices, (iii) scaling up technologies and innovations for postharvest loss
reduction; and (iv) developing effective market linkages/contracts with off-takers/millers.

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Component 2: Financing Fertilizer Availability and Affordability (USD 50.3 Million or 60% of total cost)
12. The demand of fertilizer currently in the country is estimated to be 698,262 metric tonnes out of which
there is a need to import about 418,883 metric tonnes to cover the deficit from local production, which stands at
43,579 metric tonnes and a balance carried over from the previous season of 117,900 metric tonnes. There is
urgent need for intervention to ensure fertilizer availability in the country. The government is supporting the
enhancement of local production capacities by the proposed exemption of raw materials and machinery directly
used in the manufacturing of fertilizers. The government also wants to reinstate bulk procurement to cover
imported fertilizer requirement. However, the current budget earmarked for fertilizer will not allow to achieve
the targeted volumes of fertilizer if private sector financing is not leveraged. The leverage is possible through
Partial Trade Credit Guarantee to suppliers for distribution of inputs to farmers via aggregators, Hub agro dealers
and retailers.
13. The objective is to leverage private sector financing to achieve the targeted volumes (200,000 MT) of
fertilizer, and make fertilizer affordable and accessible to farmer through a subsidy programme. The project will
focus on investments in two sub-components, namely (i) Financing Fertilizer Availability and (ii) Facilitating
Fertilizer Affordability and fertilizer use efficiency. The project will build upon the success of the Bank’s Africa
Fertilizer Financing Mechanism (AFFM) to provide credit guarantees to importers and aggregators. This will be
done in partnerships with CRDB Bank, National Microfinance Bank (NMB), and Tanzania Agricultural
Development Bank (TADB) (Annex 2-2:B). The project will finance the implementation of the fertilizer subsidy
program directly targeting farmers with the use of electronic vouchers to ensure effective targeting, transparency,
traceability and inclusion, especially of women and the youth. Project interventions will include: (i)
accelerate and scale up e-registration of farmers, agro-dealers and extension agents; (ii) implement e-
tagging for digitized authentication of subsidized fertilizers; (iii) deploy electronic vouchers to ensure
effective targeting, transparency, and traceability; (iv) leverage existing agro-dealer network for last
mile supply of subsidized fertilizers to farmers; and (v) leverage the existing network of extension
officers to promote fertilizer use efficiency.
Component 3: Enabling policy environment and institutional strengthening (USD 4.83 Million or 6% of
total cost)
14. The Government of Tanzania has committed to achieve self-sufficiency of wheat and edible oil, and
expand rice production by 2030. The component objective is to implement policy reforms, actions and
commitments that will lead to improved regulatory environment for the rapid uptake of certified seeds and
fertilizers. The Government has committed to the following policy actions: (i) Private Public Policy Dialogues
on subsidies programme; (ii) develop and disseminate guidelines for input subsidies, farmer registration and e-
vouchers; (iii) finalize agreement on Trade Credit Gurentees for Bulk procurement of fertilizer; (iv) develop a
National Wheat Transformation Plan; and (v) increase budget allocation to agriculture and facilitate donor
coordination and alignment. The project will also complement GoT’s current investments in strengthening
extension systems as well as agricultural data systems, monitoring and evaluation.

3.2 Theory of Change


15. This project’s long-term impact is to contribute to increased food and nutrition security and build resilience
of food systems in Tanzania. This will be achieved by boosting local production and productivity and reducing
postharvest losses of the priority crops (wheat, sunflower and rice). The project will result in an additional 1 000

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000 MT of food directly benefitting a total of 1,200,000 households corresponding to 4,800,000 persons,
including 40% women and youth. These outcomes will be achieved by the combination of investments in (i)
rapid production, multiplication and large scale delivery of certified seeds of climate resilient and market
preferred varieties of the three crops; (ii) financing bulk purchase and production of fertilizers using trade credit
guarantees; (iii) leveraging digital technologies for the delivery of smart subsidies of certified seeds and fertilizers
to ensure transparency and inclusion, especially for women; (iv) strengthening extension services to promote
grood agronomic practices, greater fertilizer use efficiency and reduction of postharvest losses; and (v)
implementing policy actions and commitments to address the structural factors that prevent modern inputs from
reaching farmers. The project theory of change is depicted in Annex 2-1.

3.3 Technical solutions retained and other alternatives explored


16. Considering the urgency of mitigating the food crisis, the Government decided to repurpose the county’s
ADF allocation that was meant for the Special Agro-industrical Processing Zone Project (SAPZ) to finance this
project. However, the SAPZ project is still considered as a national priority for subsequent funding cycle.

3.4 Type of project: Investment project


3.5 Project Cost and Financing Arrangements
17. The total cost of the project is estimated at UA 62.27 million (USD 84.07 million). The African
Development Bank Group will provide a total of UA 54.41 (USD 73.45 million or 87.3%) in form of a loan and
grant. The Government of Tanzania’s contribution is estimated at UA7.86 million (USD 10.61 million or 12.6%
of total project costs), mainly from tax exemption, support to extension services, project coordination and
beneficiary contributions. JICA has expressed strong interest to co-finance this program for a total amount of
USD 50.00 million.
Table 1: Estimated Cost of the Project by Component
(USD Million) (UA Million) % of
Total
Project
Components Local Foreign Total Local Foreign Total Cost
33.4
1. Scale up food production 9.54 18.55 28.09 7.07 13.74 20.81
2. Financing mechanism 59.8
for fertilizer 16.86 33.37 50.23 12.49 24.72 37.21
3. Enabling policy 5.7
environment 2.05 2.71 4.76 1.52 2.01 3.53
98.8
Total Base Costs 28.45 54.63 83.08 21.07 40.47 61.54
Physical Contingencies 0.15 0.23 0.38 0.11 0.17 0.28 0.5
Price Contingencies 0.17 0.43 0.60 0.13 0.32 0.45 0.7
Total Project Costs 28.77 55.29 84.07 21.31 40.96 62.27 100.00

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Table 2: Project sources of financing
(UA Million) (USD Million) % of
Total
Project
Sources of financing Foreign Local Total Foreign Local Total Cost
African Development Fund
(Loan) 39.26 13.33 52.59 53.00 17.99 70.99 84.4
African Development Fund
(Grant) 0.94 0.88 1.82 1.27 1.19 2.46 2.9
The Government of Tanzania 0.76 7.10 7.86 1.03 9.59 10.61 12.6
Total Project Costs 40.96 21.31 62.27 55.29 28.77 84.07 100.0

3.6 Project’s Target Area and Population Beneficiaries


18. The project will concentrate investments in the following regions: Arusha, Manyara, Mbeya, Rukwa,
Kilimanjaro and Njombe in the northern and southern highlands for wheat production; Singida, Manyara,
Arusha, Rukwa, Dodoma, Morogoro and Songwe for sunflower production, and Shinyanga, Mwanza, Simiyu
and Geita in the lake zone corridor for rice production. The total number of direct beneficiary is 1,200,000
smallholder households ( average 2ha) corresponding to 4,800,000 persons, including 40% women and youth.
The direct beneficiaries will also include 1,000 small and medium-scale seed producers and agro dealers; and
10,000 unemployed young women and men who will find employment opportunities in the wheat, sunflower
and fertilizer value chains.

3.7 Bank Group Experience and Lessons Reflected in Design


19. The project design takes into account useful experiences from the Bank’s previous and existing operations
across in the country. Key lessons learned, include the need to: (i) improve procurement planning and contract
management; (ii) strengthen and streamline project management and implementation capacities; and (iii)
expedite the fulfilment of conditions precedent to effectiveness and first disbursements. The design was also
informed by lessons from the National Agriculture Input Voucher Scheme (NAIVS) in Tanzania, and similar
programs in Malawi, Kenya, Mali and Nigeria. Key lessons include: (i) agricultural subsidies programs work
and can significantly increase productivity if directly targeted to farmers; (ii) avoiding political interference and
ensuring that the inputs get to the hands of the target smallholder farmers; (iii) careful advance procurement
planning and implementation support to ensure transparency and effectiveness ; (iii) building sustainability
mechanisms and exit streategy in the design by crowding-in private sector actors along the commodity value
chains, particularly the agro-dealer delivery network; and (v) deploying electronic vouchers to build efficiency in
input delivery.

IV. PROJECT FEASIBILITY

4.1 Economic and Financial Performance


20. The financial and economic analysis of the project was undertaken to assess the likely impact of the project
financing on the beneficiaries and the economic soundness of the overall project. The project is financially and
economically viable with a Financial Internal Rate of Return (FIRR) of 26.08% and an Economic Internal Rate
of Return (EIRR) of 27.26%. The detailed financial, economic and sensitivity analysis are discussed in Technical
Annexe 2-3.
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4.2 Environmental and Social Impacts
4.2.1 Environmental and social safeguards
21. The project has been classified as Category 2 operation in accordance with the national
legislation and the Bank’s Integrated Safeguards System on the basis that the program activities are
expected to trigger moderate risk environmental and social impacts. However, as per the Bank’s
Integrated Safeguards System (ISS) provision for short-term emergency operations, AEFPF-
supported operations, the Borrower will be exempt from preparing and disclosing the required
environmental and social (E&S) risk management document prior to Board approval. To adequately
address possible environmental and social risks thereby preventing harms to people and environment,
the Borrower will prepare a Pest Management Plan (PMP), and any other appropriate E&S mitigation
measures. The Project implementation entity will include an appropriate E&S expert. Quarterly E&S
implementation reports will be shared with the Bank and stakeholders, as well as annual E&S
performance audit reports. The ESCON confirms the project’s compliance to Bank’s environmental
and social requirements prior approval, which will be reflected in the financing agreement.
22. Involuntary resettlement. Not applicable.
23. Climate Change and Green Growth. The project has been classified as Category 2, meaning its activities
are moderately vulnerable to the impacts of climate change. By providing climate resilient varieties of wheat,
sunflower and rice seeds, the project will address the key climate risks by enabling farmers to increase their
resilience and adaptive capacity to the impacts of climate change. The project’s interventions are well aligned
with Tanzania’s Nationally Determined Contribution (NDC), the Tanzania’s National Adaptation Programme
of Action (NAPA) and the National Climate Change Response Strategy 2021-2026.

4.2.2 Gender Equality and Women’s Empowerment Promotion


24. This Project is classified GEN II because it will contribute to gender equality and women’s economic
empowerment by closing in the gender gaps between men and women in access to agri-inputs (certified seeds,
fertilizers, market linkages and financial services). It will target 40% of beneficiaries as women and young
farmers, aiming to increase access to and use of affordable and subsidized certified seeds, fertilizers and pesticides
through digital platforms using e-vouchers that allow effective targeting, transparency and inclusion. This
approach will ensure that women are duly registered and targeted directly using their mobile phones. Investments
in postharvest innovations for drying and storage will also benefit women directly as they tend to be more
involved in postharvest management. The results’ framework includes gender disaggregated indicators to track
progress in gender equality and women’s empowerment.

V. IMPLEMENTATION
5.1 Institutional and Implementation Arrangements
25. The project will be implemented under the Ministry of Agriculture (MoA), which will be the Executing
Agency (EA). The Executing Agency shall establish a Project Steering Committee (PSC), Project Technical
Committee (PTC) and a Project Implementation Team (PIT). The Project Steering Committee (PSC) will be
chaired by the Permanent Secretary of the Ministry of Agriculture (MoA) or its representative and comprised
stakeholders from Ministries, local governments and organizations representing farmers, women and the youth
7
and relevant private-sector entities. The PTC will be an interface between the PSC and the PIT and will convene
quarterly. A Project Implementation Team (PIT) drawn from the Ministry of Agriculture will be established in
Dodoma and will be responsible for implementing the project activities at the regional and district level. The
project will recruit two technical advisers for Project Management and Procurement.

5.2 Procurement
26. Procurement of goods (including non-consultancy services), works and the acquisition of consulting
services, financed by the Bank for the project, will be carried out in accordance with the “Procurement Policy
and Methodology for Bank Group Funded Operations” (BPM), dated October 2015 and following the provisions
stated in the Financing Agreement. Specifically, Procurement would be carried out following: (i) Borrower
Procurement System (BPS): Specific Procurement Methods and Procedures (PMPs) under BPS comprising
Laws and Regulations Public Procurement Act, 2011 revised 2016 and its Regulations using the national
Standard Bidding Documents (SBDs) or other Solicitation Documents for certain transactions to be entailed
under the project; and, (ii) Bank Procurement Policy and Methodology (BPM): Bank standard PMPs, using the
relevant Bank Standard Solicitation Documents SDDs, for contracts that are either: (i) above the thresholds
indicated in Annex B5, or (ii) in case BPS is not relied upon for a specific transaction or group of transactions.
27. Procurement Risks and Capacity Assessment (PRCA): the assessment of procurement risks at the
Country, Sector, and Project levels and of procurement capacity at Ministry of Agriculture were undertaken and
presented in Technical Annex B5. The appropriate risks mitigation measures have been included in the PRCA
action plan proposed in Technical Annex B5. The Borrower undertakes to execute the following remedial
actions: (i) developing a clear Procurement Plan that will be monitored by the Bank team and the Borrower on a
regular basis; (ii) carrying out a procurement audit in accordance with BPS on an annual basis. The annual
procurement audit report shall be submitted to the Bank no later than six (6) months after the end of each financial
year.

5.3 Financial Management, Disbursement, and Audit


28. The Bank assessed the adequacy of the Public Financial Management systems of United Republic of
Tanzania (Country level) through the Country Fiduciary Risk Assessment (CFRA) completed in 2021 with a
moderate risk rating. Remarkable improvement has been achieved since 2021, although not enough to lower the
risk rating, which is still “Moderate”.
29. The Project will largely use the Direct Payment method and the Special Account (SA) method for
financing immaterial eligible project expenditures. Prior to the use of the SA method, EA/PIT will open a Special
Account (SA) at the Tanzania Central Bank or any approved local commercial bank for the purpose of this
Project. The Bank will issue a disbursement letter, which will provide specific guidelines on key disbursement
procedures and practices.
30. The Bank’s Policies and Procedures to process and report on the project financial transactions are to be
used with direct payment for the bulk of the financial transactions and a Special Account for other eligible
expenditures. The Auditor General will provide independent oversight and scrutiny through project audits. The
Project Accountant (seconded) will be responsible for the day-to-day execution of FM functions of budgeting,
accounting, financial reporting, funds flow, banking arrangements, internal controls, and arranging for the annual
audits of the Project. Project Financial Statements (FS) will be prepared at the end of project period by the
8
Executing Agencyin accordance with the International Public Sector Accounting Standards (IPSAS) using the
accruals and/or cash basis of accounting. The PIT will prepare the Interim Financial Reports (IFR) of the project
as part of the quarterly progress report required by the Bank, not later than 45 days after the end of the quarter.
31. The project will be subject to annual external audits conducted by the Controller and Auditor General
(CAG). The audited project financial statements, with an accompanying management letter, will be submitted to
the Bank within six (6) months following the end of each financial year or six months after the end of the project
period.

5.4 Monitoring and Evaluation


32. The project’s result measurement framework is aligned with the AEFPF Results Measurement
Framework. The project M&E framework will also be aligned with the overall M&E framework for ASDP II
and specifically with the Agricultural Routine Data System (ARDS), which is designed to provide district and
regional level agricultural data quarterly. A program Mid-term Review (MTR) will be undertaken at the mid-
way of implementation, and an Outcome Report as well as Project Completion Report (PCR) in the last year of
the project. The detailed M&E plan is presented in the technican annexes.

5.5 Sustainability
33. This project is a short-term intervention that supports immediate and long-term results of improving
productivity and building resilience. Key elements of project sustainability include: (i) anchoring the project in
existing institutional structures (MoA, ASA, TARI, TOSCI, TFRA and LGA), as well as building institutional
capacity at different levels; (ii) promoting a market-led input delivery system that will not displace the private
sector so that farmers can continue to purchase seeds and fertilizers from the additional income derived from
increased production; (ii) leveraging farmer registration and digital platforms for the provision of financial
services, climate and health information; (iii) using credit guarantees as revolving funds to facilitate access to
finance and promote domestic private sector; (iv) implementing critical policy actions and commitments to
promote a more conducive environment for the development of effective private-public partnerships; (v)
establishing sustainable market linkages, including through the developmen of SAPZ project; and (vi) linking
the project to long-term investment oprations by the Bank and other development partners.

5.6 Risk Management


34. The main risks are attributable to the emergency nature of this project. Its implementation requires a rapid
and flexible procurement process, and an experienced project management team to deliver results with speed.
35. Environmental Risks: The subsidies on fertilizer will not have significant adverse environmental impacts
as the recommended rates will still be below optimal levels of fertilizer use in the region.
36. Financial Sustainability: Subsidies to farmers are not sustainable and become a burden on government
budgets. Hence, the subsidy will be based on financially sustainable models that will be adapted to Tanzania,
allowing farmers to graduate after a period of two to three years.
37. Fiduciary risks and implementation capacity: poor procurement, financial management, and audit of the
project could halt the project. Given the emergency nature of the initiative, the Bank will use financial
management arrangements already in use at the Ministry of Agriculture, with the possibility of strengthening

9
existing capacity. Nevertheless, continued monitoring and mitigation of risks throughout the project phases will
be critical to the success of the project.

VI . LEGAL INSTRUMENTS AND AUTHORITY


6.1 Legal instrument
38. Legal Instrument. The legal instrument for this Program shall be a loan agreement between the African
Development Fund (the “Fund”) and the United Republic of Tanzania (the “Borrower”) and the Protocol of
Agreement between the African Development Fund and the United Republic of Tanzania.
39. Conditions Precedent to Entry into Force of the Loan Agreement: The entry into force of the loan
agreement shall be subject to the fulfilment by the Borrower of the provisions of Section 12.01 of the General
Conditions Applicable to the African Development Fund Loan Agreements and Guarantee Agreements
(Sovereign Entities).
40. Conditions Precedent to Entry into Force of the Protocol of Agreement: The entry into force of the
Protocol of Agreement shall be on the signature of the Agreement by the Fund and the Bank.
41. Conditions Precedent to First Disbursement of the Loan and Grant. In addition to the provisions of
Section 3.01 (Entry into Force), the obligations of the Fund to make the first disbursement of the Loan shall be
subject to the satisfaction of the following conditions by the Borrower:
(a) Submission of evidence of the secondment of staff of the project implementation team (the “PIT”) from
the Executing Agency including (i) technical adviser for Project Management and (ii) technical adviser
for Procurement with qualifications and terms of reference acceptable to the Fund.
42. Other Conditions. The Borrower / Recipient shall, and shall cause the Executing Agency and any of its
contractors or agents to provide to the Fund:
(a) Not later than six (6) months after entry into force of the Loan / Protocol of Agreement, submit evidence
of an allocation for counterpart funding in the national budget for the fiscal year July 2022 - June 2023
and subsequently, submission of evidence of annual allocations for counterpart funding in the budgets
for fiscal years July 2023 - June 2024; July 2024 - June 2025; and July 2025 - June 2026, respectively;
(b) Not later than six (6) months after entry into force of the Loan / Protocol of Agreement, establish and
maintain the Project Steering Committee and the Project Technical Committee in a form and with a
composition and terms of reference acceptable to the Fund for the period of the Project implementation.
(c) Not later than six months after entry into force, submit evidence of the appointment or designation of the
following staff for the Program Implementation Team with qualifications and terms of reference
acceptable to the Fund: (i) Project Coordinator, (ii) Project Accountant, (iii) Procurement Specialist, (iv)
Agricultural Inputs Specialist, (v) Digital agriculture expert, (vi) Gender Specialist; (vii) seasoned E&S
specialist and (viii) Monitoring and Specialist within six months after entry into force of this Agreement;
(d) prepare and submit to the Bank, quarterly reports on the implementation of the PMP; and
(e) prepare and submit to the Bank, E&S perfoamce in form and substance satisfactory to the Bank on
annual basis.
10
6.2 Compliance with Bank Policies
☒ This project complies with all applicable Bank policies.

VII. RECOMMENDATION
43. Management recommends that the Board of Directors approve the proposed ADF 15 loan of UA 52.59
million and a ADF 15 grant of UA 1.82 million from the resources of the African Development Fund to the
United Republic of Tanzania for the purposes and subject to the conditions stipulated in this report for the
Tanzania Agriculture Inputs Support Project within the framework of the African Emergency Food Production
Facility (AEFPF).

11
I. RESULTS FRAMEWORK

RESULTS FRAMEWORK FOR (UNITED REPUBLIC OF TANZANIA)

A PROJECT INFORMATION
❚ PROJECT NAME AND SAP CODE: P-TZ-A00-014
❚ COUNTRY: UNITED REPUBLIC OF TANZANIA
❚ PROJECT GOAL: To improve production and productivity of priority crops by scaling up delivery of quality inputs to smallholder farmers in the target
areas
a)Country ambition: promote agricultural production to ensure food security and provide inputs for industrial
production.
❚ PROJECT ALIGNMENT b) AEFPF: To boost local food production and strengthen the resilience of food systems to mitigate short- and long-
WITH COUNTRY AND CRF: term risks due to the war in Ukraine and climate-induced stresses
c) Alignment indicators: Increased food production, and (ii) Reduced food and nutrition insecurity
B RESULTS MATRIX
RESULTS CHAIN AND BASELINE TARGET MEANS OF FREQUENCY OF
UNIT
INDICATOR DESCRIPTION [2020/2021] [ 2024/25] VERIFICATION REPORTING
❚ OUTCOME 1: Improved production and productivity of wheat, sunflower and rice
Agriculture Routine
Data System (ARDS)
OUTCOME INDICATOR 1.1: Wheat: 1.5 Wheat: 3.0 Project Completion
Yields of wheat, sunflower and Tons per hectare Sunflower 1.0 Sunflower 2.0 Report Annual
rice Rice 2.0 Rice 3.0 Midterm review
Implementation status
report
Agriculture Routine
OUTCOME INDICATOR 1.2: Data System (ARDS)
Increase in production of wheat, Wheat: 70 Wheat: 500 Project Completion
sunflower and rice 000 Metric tons Sunflower 650 Sunflower 700 Report Annual
(Additional production of wheat, Rice 2700 Rice 4000 Midterm review
sunflower and rice) Implementation status
report
Agriculture Routine
Data System (ARDS)
OUTCOME INDICATOR 1.3:
Number Wheat: TBD Wheat: 600 000 Project Completion
Number of farmers adopting
disaggregated by Sunflower: TBD Sunflower: 400 000 Report Annual
Good Agricultural Practices
gender Rice: TBD Rice: 200 000 Mid term review
(GAP)
Implementation status
report
❚ OUTPUT 1: Scaled up food production of priority crops
OUTPUT INDICATOR 1.1
Number of farmers receiving
Agriculture Routine
subsidies for certified seeds of 1 200 000 (40% Quarterly, Semi-
Number 0 Data System (ARDS)
climate resilient varieties of wheat, women) annual, Annual
sunflower and rice
(disaggregated by gender)
OUTPUT INDICATOR 1.2
Agriculture Routine
Number of farmers receiving TBD 1 200 000 (40% Quarterly, Semi-
Number Data System (ARDS)
extension services (disaggregated women) annual, Annual
by gender)
OUTPUT INDICATOR 1.3
Wheat: TBD Wheat 7200 Agriculture Routine
Quantities of certified seeds Quarterly, Semi-
Metric Tons Sunflower; TBD Sunflower 5600 Data System (ARDS)
produced and delivered to farmers annual, Annual
Rice TBD Rice 16000
(wheat, sunflower, rice)

I
Agriculture Routine
OUTPUT INDICATOR 1.4 Quarterly, Semi-
percent 30 15 Data System (ARDS)
Percentage of postharvest losses annual, Annual
Progress Report
❚ OUTPUT 2: Enhanced fertiliser supply financing
OUTPUT INDICATOR 2.1: TFRA Reports Quarterly, Semi-
Tons 678,000 700,000
Fertilizer consumption quantities AFAP Reports annual, Annual
OUTPUT INDICATOR 2.2:
Agriculture Routine
Number of farmers receiving e- 1 200 000 (40% Quarterly, Semi-
Number 0 Data System (ARDS)
vouchers of fertilizers women) annual, Annual
(disaggregated by gender)
OUTPUT INDICATOR 2.3: Agriculture Routine
Quarterly, Semi-
Quantities of fertilizer availed to Tons TBD 600 000 Data System (ARDS)
annual, Annual
farmers
OUTPUT INDICATOR 2.4:
Number of private sector seed and TFRA Reports
Seed TBD Seed 20 Quarterly, Semi-
fertilizer companies accessing Number TASTA Reports
Fertilizer TBD Fertilizer 5 annual, Annual
finances for agro-inputs supply ASA Reports
and distribution
❚ OUTPUT 3: Improved policy and regulatory environment for food system
OUTPUT INDICATOR 3.1:
Number of farmers registered on 1 200 000 (40% Ministry of Agriculture Quarterly, Semi-
Number 0
the digital platforms women) Reports annual, Annual
(disaggregated by gender)
OUTPUT INDICATOR 3.2:
Ministry of Agriculture Quarterly, Semi-
Number of policies, regulations Number 0 7
Reports annual, Annual
and guidelines implemented
Budget adopted by the
OUTPUT INDICATOR 3.3:
National Assembly Quarterly, Semi-
Percentage increase in budget Percentage 3 5
Public Expenditure annual, Annual
allocated to agriculture
Review Reports

II
II. ENVIRONMENTAL AND SOCIAL COMPLIANCE NOTE (ESCON)
A. Basic Information4
Project Title: Tanzania Agricultural Input Support Project (TAISP) Project ‘’SAP code’’: P-TZ-A00-014
Country: Tanzania Lending Instrument5: DI FI CL BS GU RPA EF RBF
Project Sector: Agriculture Task Team Leader: Salum RAMADHANI
Appraisal date: 22/06/2022 Estimated Approval Date: 14/07/2022
Environmental Safeguards Officer: Emmanuel MULIGIRWA
Social Safeguards Officer: XXXXX
Environmental and Social Category: 2 Date of categorization: 01/07/22 Operation type: SO NSO PBO
Is this project processed under rapid responses to crises and emergencies? Yes No
Is this project processed under a waiver to the Integrated Safeguards System? Yes No
B. Disclosure and Compliance Monitoring
B.1 Mandatory disclosure
Environmental Assessment/Audit/System/Others (specify: Pest Management Plan (PMP)
Was/Were the document (s) disclosed prior to appraisal? Yes No NA
Date of "in-country" disclosure by the borrower/client [Date]
Date of receipt, by the Bank, of the authorization to disclose [Date]
Date of disclosure by the Bank [Date]
Environmental Assessment/Audit/System/Others (specify: NA.)
Was/Were the document (s) disclosed prior to appraisal? Yes No NA
Date of "in-country" disclosure by the borrower/client [Date]
Date of receipt, by the Bank, of the authorization to disclose [Date]
Date of disclosure by the Bank [Date]
Resettlement Action Plan/Framework/Others (specify: NA)
Was/Were the document (s) disclosed prior to appraisal? Yes No NA
Date of "in-country" disclosure by the borrower/client [Date]
Date of receipt, by the Bank, of the authorization to disclose [Date]
Date of disclosure by the Bank [Date]
Vulnerable Peoples Plan/Framework/Others (specify: NA)
Was the document disclosed prior to appraisal? Yes No NA
Date of "in-country" disclosure by the borrower/client [Date]
Date of receipt, by the Bank, of the authorization to disclose [Date]
Date of disclosure by the Bank [Date]
If in-country disclosure of any of the above documents is not expected, as per the country’s legislation, please explain why: As per the provision of the
African Emergency Food Production Facility paper approved by the Board, the preparation and disclosure of the E&S documents are deferred after Board
Approval. They will be prepared and disclosed in-country and by the Bank prior to the implementation of concerned activities.
B.2. Compliance monitoring indicators
Have satisfactory calendar, budget and clear institutional responsibilities been prepared for the implementation of measures Yes No NA
related to safeguard policies?
Have costs related to environmental and social measures, including for the running of the grievance redress mechanism, been Yes No NA
included in the project cost?
Is the total amount for the full implementation for the Resettlement of affected people, as integrated in the project costs, Yes No NA
effectively mobilized and secured?
Does the Monitoring and Evaluation system of the project include the monitoring of safeguard impacts and measures related to Yes No NA
safeguard policies?
Have satisfactory implementation arrangements been agreed with the borrower and the same been adequately reflected in the Yes No NA
project legal documents?
C. Clearance
Is the project compliant to the Bank’s environmental and social safeguards requirements, and to be submitted to the Board?
Yes No
Prepared by: Name Signature Date
Environmental Safeguards Officer: Emmanuel MULIGIRWA 30/06/22
Social Safeguards Officer: XXXXX
Task Team Leader: Salum RAMADHANI 30/06/22
Submitted by:
Sector Director: Martin FREGENE 02/07/22

Cleared by:
Director SNSC: Maman-Sani ISSA 02/07/22

4
Note: This ESCON shall be appended to project appraisal reports/documents before Senior Management and/or Board approvals.
5
DI=Direct Investment; FI=Financial Intermediary; CL=Corporate Loan; BS=Budget Support; GU=Guarantee; RPA=Risk Purchase Agreement; EF=Equity Financing;
RBF=Results Based Financing.
III

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