Private Sector Rehabilitation & Agribusiness Development

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The objective of the Private Sector Rehabilitation and Agribusiness Development Project for Guinea-Bissau is to support inclusive development of the cashew agribusiness sector and to promote entrepreneurship in other sectors of the economy. There are three components to the project, the first component being promoting the development of agribusiness. This component supports the development of the cashew value chain through an integrated approach complemented by activities to promote rice production. The integrated approach to developing agribusiness is critical to address emergency food security issues, increase the resilience of farmers to external shocks, obtain buy-in from rural communities on working throughout the value chains, develop sustainable and new economic opportunities in agriculture, and inform future policies on structural change. The second component is the developing entrepreneurship. This component will promote a more diversified economy in Guinea-Bissau through the creation of new Micro, small and medium enterprises, or MSMEs and employment, with a set of interventions that have been designed to tackle demand and supply-side constraints, as well as inefficiencies in the overall business environment. Finally, the third component is the project coordination. This component will support the establishment and operation of the Project Coordination Unit, or PCU to ensure efficient and effective project management, compliance, capacity building, and monitoring and evaluation.