Angola - Agriculture Sector Reform Program (ASRP) — Angola

Overview

This project named Angola Agriculture Sector Reform Program (ASRP) – Sector Budget Support is a single-year self-standing sector budget support operation with one disbursement for the Government fiscal year 2024. It is designed as precursor sector reform and policy-based operation that will enable the Government and the Bank to invest in four planned agriculture interventions under the Dakar II Country Agriculture and Food Compact. The Programme will deepen reforms towards more efficient agricultural markets, while strengthening governance and capacity of agriculture public institutions, encouraging the private sector to participate in agricultural markets and thus contributing to raise cereal and oil seed production in the country. The Program aims to achieve its objective through three (3) components: (i) Enhancing food production, productivity and building resilience of smallholder farmers; (ii) Strengthening of national input supply and delivery system for smallholder farmers, including support to the implementation of the National Seed Policy and regulatory framework, equitable access to input supply and distribution system to address inclusivity and equity in accessing agricultural inputs and farm mechanization services and; (iii) Enhancing agriculture sector capacity for effective management and accountability to foster sustainability for sector growth, including building capacity to undertake agricultural research to enable adoption of climate smart technologies that are aimed at bringing more rural land into production. The project contributes to climate finance, with 59 million USD of the total approved amount dedicated to adaptation.