Agriculture, Food and Beverages Services Education and Training

Agricultural Entrepreneurship Promotion Tender

πŸ›οΈ COOPERATION OFFICE AND CONSULAR AGENCY OUAGADOUGOU
πŸ“„ Tender ID: 506595989 πŸ“… Published: 27 Jul 2024

πŸ“‹ Tender Overview

In Burkina Faso, the increase in the population's food consumption is hampered by the low production performance of agricultural enterprises. To address this, the SDC is strengthening their investment capacities and their economic environment in order to drive market development dynamics that create jobs and wealth for the poorest. The approach meets the requirements of sustainable growth by addressing the causes of multidimensional fragility.

Country/region Topic Period Budget
Burkina Faso
Agriculture & food security
Employment & economic development
nothemedefined
Agricultural development
Agricultural services & market
Business support & economic inclusion
01.09.2023 - 31.08.2027
CHF 11’000’000
The project in brief
Background Local markets in Burkina Faso have become the main source of household food supplies. The current sharp increase in food demand is hampered by the poor performance of agri-food businesses, insufficient market infrastructure and the dysfunction of certain markets due to the security crisis. Financial services for agricultural entrepreneurship are poorly decentralized, difficult to access and rarely adapted to the specific needs of agricultural entrepreneurs. To address this, a strategy to promote agricultural businesses has been put in place, in particular through the agro-sylvo-pastoral investment code aimed at offering a privileged regime (tax and customs advantages) to agricultural businesses. The National Fund for Inclusive Finance (FONAFI) was also created to boost investments. In the context of political, security and humanitarian crisis, Switzerland remains committed to Burkina Faso to help maintain the country on its economic development trajectory. Switzerland directly supports the private sector by participating in the construction of inclusive and sustainable agricultural market systems. It minimizes interactions with the State, which is not a beneficiary of the program.
Objectives Agricultural entrepreneurship is strengthening, generating income and creating employment for rural and peri-urban populations, particularly young people and women, contributing to meeting the food needs of families.
Target groups
24,000 people, 50% of whom are women and 60% young people
6,000 agricultural production, processing and marketing companies
Economic interest groups in the agricultural sector
Local authorities in the intervention regions
Technical and financial service providers
Medium-term outcomes
Resilient agricultural businesses increase productivity, sales and create jobs for youth and women
Agricultural businesses using appropriate financial services and products increase their investment capacity and competitiveness
Measures to improve framework conditions (customs duties, taxes, standards, etc.) are taken for the benefit of agricultural entrepreneurship
Results Expected results: The main expected outputs are:
At least 75% (4,500) of the targeted companies increased their productiv

πŸ” Key Information

πŸ“„
Tender Reference No.
506595989
πŸ“…
Publication Date
27 Jul 2024
πŸ’°
Estimated Value
USD 12446940
🌐
Sector
Agriculture, Food and Beverages
πŸ“…
Deadline
31 Aug 2027
πŸ“
Notice Type
Projects
πŸ“
Location
Burkina faso
πŸ“‘
Contract Duration
3 Years 1 Month 4 Days

πŸ“ Documents & Downloads

No documents found

🏷️ CPV

No CPV found

Need help with this bid?

Our bid experts can help you find, evaluate & win more tenders.

🎧 Talk to Bid Expert
πŸ•’ Submission deadline
302
days remaining Β· 31 Aug 2027
πŸ”” Set Alert

🧭 Quick Facts

Authority COOPERATION OFFICE AND CONSULAR AGENCY OUAGADOUGOU
Country Burkina faso
State / UT N/A
Tender Type Project Information
Currency USD
Similar Tenders
Loading similar tenders…