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    Signature(s)

    Amount
    € 15,700,000
    Countries
    Sector(s)
    Senegal : € 15,700,000
    Industry : € 3,925,000
    Signature date(s)
    26/07/2016 : € 3,925,000
    26/07/2016 : € 11,775,000
    Link to source

    Summary sheet

    Release date
    8 December 2014
    Status
    Reference
    Signed | 26/07/2016
    20140560
    Project name
    Promoter - financial intermediary
    SENEGAL RIVER VALLEY RICE
    Compagnie Agricole de Saint-Louis du Sénégal
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 15 million
    EUR 46 million
    Description
    Objectives

    The project consists of the development of 4,500 ha (gross) irrigated rice plantations and the construction of associated processing and storage facilities near Saint-Louis in Northern Senegal. It will also include an outgrower scheme with local smallholder farmers covering 1,500 ha with whom the project company will establish a contractual production and offtake partnership.

    The project will support private investment in the agricultural sector, resulting in economic and social benefits including food security, import substitution, job creation, rural economic growth and strengthening the agricultural product base of Senegal. The project is fully in line with the Senegalese Government’s priorities as emphasised in the “Programme National d’Autosuffisance en Riz (PNAR)”.

    Environmental aspects
    Procurement

    The project involves activities to transform the use of marginal and degraded arable and pasture land and constitutes a water irrigation project for agriculture and, if in the EU, would fall under the provisions of Annex II of the Environmental Impact Assessment (EIA) Directive. The project company will be required to ensure compliance of the investment programme with standards established in the EIB environmental and social handbook which is based on the principles of EU legislation. Since some of the project sites are located in the buffer zone south of the Parc National des Oiseaux de Djoudj (PNOD), which is designated a protected area according to the Convention on Wetlands of International Importance (RAMSAR), the planned activities in these areas are potentially sensitive and require a comprehensive biodiversity impact analysis.

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus it is not covered by the EU directives on procurement.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - SENEGAL RIVER VALLEY RICE - Attestation de conformité
    Publication Date
    18 Nov 2015
    Document language
    Main Topic
    Lending
    Document Number
    63092398
    Document Focus
    Environmental Information
    Project Number
    20140560
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SENEGAL RIVER VALLEY RICE - Plan de Gestion Environnementale et Sociale (PGES)
    Publication Date
    23 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67922109
    Document Focus
    Environmental Information
    Project Number
    20140560
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SENEGAL RIVER VALLEY RICE - Etude d'Impact Environnemental et Social
    Publication Date
    23 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67931580
    Document Focus
    Environmental Information
    Project Number
    20140560
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SENEGAL RIVER VALLEY RICE - Plan de Gestion Agrochimique
    Publication Date
    23 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67934090
    Document Focus
    Environmental Information
    Project Number
    20140560
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SENEGAL RIVER VALLEY RICE - Plan d'Action et Réinstallation
    Publication Date
    23 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67940571
    Document Focus
    Environmental Information
    Project Number
    20140560
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SENEGAL RIVER VALLEY RICE - Plan d'Engagement, de Consultation et de Communication
    Publication Date
    23 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67940572
    Document Focus
    Environmental Information
    Project Number
    20140560
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - SENEGAL RIVER VALLEY RICE
    Publication Date
    25 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67991014
    Document Focus
    Environmental Information
    Project Number
    20140560
    Countries
    Publicly available
    Download now

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