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Cocoa Rehabilitation Project

Equatorial Guinea

Borrower Equatorial Guinea
Financing Type Public Sector
Instrument Project Loan
Focus Area Agriculture
Approved 30.11.1984
Signed 21.12.1984
Status Completed
Loan Administrator IDA
Executing Agency Ministry of Agriculture
Co-financiers IDA, BADEA, EEC, Government
OPEC Fund Contribution (US$m) 1.00
Total Project Cost (US$m) 12.40

The project aims to assist the Government in accomplishing its short-term objectives for economic recovery, and in reactivating the institutional, financial and incentive systems required for sustained recovery of the cocoa sub-sector. The project consists of the following components: A) Strengthening and Reinforcement of: a) The Agricultural Credit Department of the BCD; b) CAMARA of Bioko; c) the Ministry of Agriculture's capacity for planning and monitoring production activities in the cocoa sector by creation of CPMCU. B) Agricultural Credit; and, C) Technical Assistance and Training.

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