African Development Bank to Convene Workshop On Portfolio Improvement

11 April 2019
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African Development Bank (Abidjan)

Crowne Plaza Hotel, Nairobi, Kenya — The Agriculture and Agro-Industry Department of the African Development Bank will organize a two-day workshop on portfolio improvement in Nairobi, Kenya from 11-12 April 2019.

The workshop, to be hosted by the Bank's East Africa Regional Development and Business Delivery Office, will target selected stakeholders in the agriculture and agro-allied sectors. The event aims to improve the Bank's Global Agriculture Food Security Program portfolio efficiency, organization and operations.

The workshop will bring together about 50 participants, including experts from the Bank's agriculture departments, representatives of selected countries, and key officials from the Global Agriculture Food Security Program (GAFSP). The objective of the GAFSP Trust Fund is to address underfunding of country and regional agriculture and food security strategic investment plans. GAFSP supports projects and programs already being developed by countries, thereby contributing to the achievement of the UN Sustainable Development Goals to end poverty and hunger by 2030.

Participants at the meeting will discuss the progress made in implementing the project improvement action plans developed during the 2018 Dakar workshop; discussing GAFSP 2.0 and the role of the Supervising Entity; and recalibrating action plans, as required.

The workshop will also seek to identify the constraints of reporting on the GAFSP Portal, provide hands-on demonstration of the GAFSP Portal and indicator reporting, and develop a communication strategy for the projects closing in 2019. Delegates will also be able to undertake an interactive session on the upcoming 2019 Call for Proposals, and engage directly with the GAFSP Coordinating Unit and other Task Team Leaders to share best practices and lessons learnt.

The African Development Bank has the second largest portfolio covering about 28% of the total GAFSP Public Sector Window and is committed to greater accountability, through accelerated operational delivery and the achievements of results and development impact. The development finance institution is currently supervising 10 projects across its regional member countries, with a total portfolio value of $ 320.8 million. The projects are located in the Gambia, Mali, Benin, Senegal, Kenya, Malawi, Zambia, Niger, Liberia and Tanzania.

All Task Managers, Project Implementation Units (PIU) Coordinators and staff of the Coordination Unit of GAFSP are expected to attend the workshop.

Read the original article on African Development Bank (AfDB).

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