Informations et ressources scientifiques
sur le développement des zones arides et semi-arides

Titre : GWFP SOFITEX 5

Pays : Burkina Faso

Actual Start Date : 2019-03-26

Identifiant IATI : XM-DAC-903-SII-42144

Présentation
Project Description
The Project is a funded risk participation for up to EUR 28.5 million by IFC in a EUR 65 million one-year offshore secured pre-export facility provided by Societe Generale (“SG”) to finance the purchase of seed cotton and provide working capital to a cotton company in Burkina Faso.

Associated Advisory Engagement
IFC with support from WB’s Global Partnership for Output Based Aid (GPOBA), designed the Burkina Faso Smallhoder Water Management and Irrigation program, a four-year advisory project. This advisory project seeks to help farmers to : (i) reduce soil erosion by introducing contour planting and water collection lines, thereby retaining rainwater (and fertilizer, organic matter, etc.) in the soil ; (ii) collect runoff water in small reservoirs for later usage, using irrigation equipment ; and (iii) promote good agricultural practices in soil and water management.

Objectifs
The most significant, expected project-level outcome is continued access to markets and finance for over 273,000 farmers and increases in productivity for 1,000 farmers. Beyond the project, IFC anticipates the investment will increase integration and resilience in the cotton sector in Burkina Faso, a low-income/IDA country, through capacity building and demonstration and replication effects.

International Finance Corporation

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