International records / African Development Bank
Nigeria - Support to National Agricultural Growth Scheme: Agro-Pocket 2 - P-NG-AA0-042
Building on the commendable outcomes of the Support for National Agro-pocket Scheme Phase 1, the Federal Government of Nigeria approached the African Development Bank to provide a follow-on financing for the Phase 2 to deepen support for Nigeria’s agricultural business value chain. The uniqueness of this transaction is premised on leveraging existing systems and capacity to achieve the targeted outcomes across five results areas and on the use of an innovative financing instrument (RBF) to strengthen the country’s operational and safeguarding systems. The five results areas include:
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