The World Bank
      CI: Cote d'Ivoire E-Agriculture Project (P160418)




                                                                                                REPORT NO.: RES57836




                                              RESTRUCTURING PAPER

                                                          ON A

                                       PROPOSED PROJECT RESTRUCTURING

                                                           OF
                                    CI: COTE D'IVOIRE E-AGRICULTURE PROJECT
                                           APPROVED ON MAY 25, 2018
                                                           TO

                                            REPUBLIC OF COTE D'IVOIRE



DIGITAL DEVELOPMENT

WESTERN AND CENTRAL AFRICA




                                Regional Vice President:    Ousmane Diagana
                                      Country Director:     Marie-Chantal Uwanyiligira
                                      Regional Director:    Zhenwei Qiang
                            Practice Manager/Manager:       Daria Lavrentieva
                                   Task Team Leader(s):     Xavier Stephane Decoster, Gloodiey Rita
                                                            Armelle Oulai, Jean-Philippe Tre
      The World Bank
      CI: Cote d'Ivoire E-Agriculture Project (P160418)



ABBREVIATIONS AND ACRONYMS


    FY                Fiscal Year
    GoCIV             Government of Côte d’Ivoire
    ICT               Information and Communication Technology
    IDA               International Development Association
    MICEN             Ministère de la Communication et de l’Economie Numérique / Ministry of Communication
                      and Digital Economy
    MIRAH             Ministère des Ressources Animales et Halieutiques / Ministry of Animal and Fisheries
                      Resources
    PDO               Project Development Objective
    PIU               Project Implementation Unit
           The World Bank
           CI: Cote d'Ivoire E-Agriculture Project (P160418)




BASIC DATA


Product Information

Project ID                                                     Financing Instrument
P160418                                                        Investment Project Financing

Original EA Category                                           Current EA Category
Partial Assessment (B)                                         Partial Assessment (B)

Approval Date                                                  Current Closing Date
25-May-2018                                                    31-Oct-2023


Organizations

Borrower                                                       Responsible Agency
Republic of Cote d'Ivoire



Project Development Objective (PDO)
Original PDO
The Project Development Objective is to increase access to digital services and leverage digital platforms to improve
farm productivity and access to markets.
Current PDO
The Project Development Objective is to increase access to digital services and farmer's access to markets through
digital platforms and roads, and mitigate the impact of the COVID-19 crisis on the agriculture sector.
OPS_TABLE_PDO_CURRENTPDO
Summary Status of Financing (US$, Millions)
                                                                                       Net
Ln/Cr/Tf                   Approval         Signing Effectiveness       Closing Commitment Disbursed Undisbursed

IDA-62440             25-May-2018      21-Jun-2018 14-Nov-2018      31-Oct-2023          70.00      47.76            14.16
         The World Bank
         CI: Cote d'Ivoire E-Agriculture Project (P160418)


 Policy Waiver(s)

 Does this restructuring trigger the need for any policy waiver(s)?
 No




I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING



Summary

   1. Following an official request from the Government of Cote d’Ivoire (GoCI) to the World Bank (WB), dated
      September 21, 2023, this Restructuring Paper seeks a partial cancelation of IDA Credit No. 6244-CI (the
      “Credit”), granted to the Republic Cote d’Ivoire under the Cote d’Ivoire e-Agriculture Project (P160418).
      Of the total EUR 56.800 million of the Credit. The proposed partial cancellation in the amount of EUR
      4.629 million (equivalent of XOF 3.036 billion and US$ 4.970 million) results mainly from economic gains
      realized from activities where actual cost were below the forecasted values.

   2. The proposed partial cancelation would constitute the third Level-2 restructuring since Project approval.

            a. The first restructuring (effective May 31, 2021; Level-2 with RVP Decision due to change in PDO):
               (i) added a new component (US$20.00 million equivalent reallocated from existing components)
               in the Project for COVID-19 Related Support to Farmers; (ii) adjusted and streamlined the existing
               components as a result of this request; (iii) adjusted the Project Development Objective (PDO) to
               reflect the new activities; (iv) adjusted the Project’s Results Framework (RF) due to addition of the
               new component and scaling down of overall scope of components; (v) modified implementation
               arrangements due to introduction of new component and new activities; and (vi) adjusted the social
               and environmental analysis to reflect the new activities.
            b. The second restructuring (effective June 27, 2023) extended the Project’s Closing Date by 4 months
               (from June 30, 2023, to October 31, 2023). This was the first extension of closing date. No other
               change was introduced.



Project Status

   3. The Project was approved and became effective on May 25, 2018, and November 14, 2018, respectively.
       The IDA Credit 6244-CI amounted to EUR 56.8 million (US$ 70.00 million equivalent at the date of
       approval, and equivalent to US$ 60.8 million at the current exchange rate). The proposed restructuring will
       modify the amount of the credit and the allocation between disbursement categories. No other change is
       introduced.
        The World Bank
        CI: Cote d'Ivoire E-Agriculture Project (P160418)



   4. The Project has been under implementation for nearly 5 years and has experienced implementation delays.
      These are partly due to: (i) a four-month hiatus following the unilateral nomination of a project coordinator
      in March 2020; (ii) several resignation of key staff within the PIU during the lifetime of the project that
      were difficult to replace; (iii) the political situation in Côte d'Ivoire, especially the social uprisings following
      the presidential elections in 2020; (iv) a lack of familiarity by the previous PIU staff with the World Bank’s
      internal policies and procedures; and (v) recent international crises (COVID-19 pandemic, Russia's invasion
      of Ukraine, high prices of goods and disrupted supply chains) which delayed some procurement activities.
      As of September 2023, the disbursement ratio is 75 percent and is expected to exceed 90% by project
      closure.

   5. There are no overdue audit report and no overdue Interim Financial Report (IFR).

   6. Following the June 2023 restructuring, the pace of project implementation picked up and almost all
      procurements and contracts under execution are now expected to be completed by the October 31, 2023,
      Closing Date. The WB’s Project team and the Recipient’s Project team continue to hold weekly meetings
      to closely monitor and follow up on the agreed action plan. Especially for the key activity related to the
      deployment of 160 rural connectivity sites which has been substantially delayed.

   7. More specifically, with regards to the PDO indicators as of September 25, 2023:
        a. PDO level indicator 1 - People provided with access to the Internet – As the deployment of mobile
            sites is still in progress, by September 2023, 148 sites were commissioned out of 160 and these sites
            provide internet access to more than 185,000 persons, against a 200,000 target that is expected to be
            achieved at closing date;
        b. PDO level indicator 2 - Farmers reached with agricultural assets or services – this indicator was
            overachieved with 401,931 farmers (against a 200,000 target) reached with agricultural assets or
            services, out of which 236,902 female(against a 100,000 target) thanks to the successful
            implementation of activities in Component 2;
        c. PDO level indicator 3 - Beneficiaries that feel project investments reflected their needs – The survey
            is currently being conducted and results will be available at the end of the project.

Rationale for restructuring
   8. Due to financial gains realized on project activities, mainly the rural connectivity sites deployment, the
      deployment of the agricultural digital platform, the rural roads rehabilitation, and other administrative
      expenses, the Government of Cote d’Ivoire has requested a partial cancelation amounting to EUR 4.629
      million (representing 8.1% of the amount of the original Credit, and equivalent of US$ 4.970 million). This
      would allow for the recommitment of the canceled IDA Credit financing to other purposes that would
      benefit the Republic of Cote d’Ivoire.




II. DESCRIPTION OF PROPOSED CHANGES

   9. The proposed change includes the partial cancellation of an amount equivalent to EUR 4.629 million
      (representing 8.1% of the total amount of the Credit, and equivalent of US$ 4.970 million); to reflect the
        The World Bank
        CI: Cote d'Ivoire E-Agriculture Project (P160418)



      new amount of the Credit, the allocation between disbursement categories, components, and disbursement
      estimates are also adjusted (adjustments in components and disbursement estimates are displayed in
      dollars and take into account the evolution of the exchange rate).

  10. The proposed restructuring does not include any other changes. The PDO, the Results Framework, the
      project components and activities, the implementation arrangements, and allocations across categories of
      expenditures (other than the above-mentioned cancellation) all remain unchanged. The Project’s
      safeguards category also remains unchanged, and the restructuring will not trigger any new safeguards
      policies. The overall risk rating also remains unchanged.




III. SUMMARY OF CHANGES

                                                              Changed                    Not Changed
Components and Cost                                               ✔
Cancellations Proposed                                            ✔
Reallocation between Disbursement Categories                      ✔
Disbursement Estimates                                            ✔
Implementing Agency                                                                           ✔
DDO Status                                                                                    ✔
Project's Development Objectives                                                              ✔
Results Framework                                                                             ✔
Loan Closing Date(s)                                                                          ✔
Disbursements Arrangements                                                                    ✔
Overall Risk Rating                                                                           ✔
Safeguard Policies Triggered                                                                  ✔
EA category                                                                                   ✔
Legal Covenants                                                                               ✔
Institutional Arrangements                                                                    ✔
Financial Management                                                                          ✔
                                          The World Bank
                                          CI: Cote d'Ivoire E-Agriculture Project (P160418)



  Procurement                                                                                                                         ✔
  Implementation Schedule                                                                                                             ✔
  Other Change(s)                                                                                                                     ✔
  Economic and Financial Analysis                                                                                                     ✔
  Technical Analysis                                                                                                                  ✔
  Social Analysis                                                                                                                     ✔
  Environmental Analysis                                                                                                              ✔


IV. DETAILED CHANGE(S)


  OPS_DETAILEDCHANGES_COMPONENTS_TABLE




  COMPONENTS
                                                                            Current
  Current                                                                                               Proposed                            Proposed
                                                                               Cost           Action
  Component Name                                                                                        Component Name                    Cost (US$M)
                                                                            (US$M)
                                                                                                        1. Extending digital
  1. Extending digital connectivity
                                                                              17.90           Revised   connectivity in rural and               15.10
  in rural and remote areas
                                                                                                        remote areas
                                                                                                        2. Digital services for
  2. Digital services for sustainable
                                                                               8.50           Revised   sustainable agricultural                 7.40
  agricultural development
                                                                                                        development
  3. Rehabilitation and                                                                                 3. Rehabilitation and
  maintenance of rural access                                                  9.90           Revised   maintenance of rural access              8.10
  roads                                                                                                 roads
  4. Program implementation and                                                                         4. Program implementation
                                                                               7.90           Revised                                            6.60
  monitoring                                                                                            and monitoring
  5. Support for the COVID-19                                                                           5. Support for the COVID-19
  Emergency Program in the                                                    20.00           Revised   Emergency Program in the                18.90
  Agriculture Sector                                                                                    Agriculture Sector
  6. Contingent Emergency                                                                               6. Contingent Emergency
                                                                               0.00      No Change                                               0.00
  Response Component                                                                                    Response Component
   TOTAL                                                                      64.20                                                             56.10



OPS_DETAILEDCHANGES_CANCELLATIONS_TABLE
                                          The World Bank
                                          CI: Cote d'Ivoire E-Agriculture Project (P160418)



        CANCELLATIONS


                                                                                                                  Value                            Reason
                                                                             Current      Cancellation                                New
          Ln/Cr/Tf                               Status     Currency                                            Date of                                for
                                                                             Amount          Amount                                 Amount
                                                                                                            Cancellation                      Cancellation
                                                                                                                                              BORROWER'
                                                 Disburs                                                                                       S REQUEST
          IDA-62440-
                                                 ing&Re      EUR       56,800,000.00      4,629,000.00      21-Sep-2023       52,171,000.00           FOR
          001
                                                 paying                                                                                         COUNTRY
                                                                                                                                                 REASONS
OPS_DETAILEDCHANGES_REALLOCATION _TABLE




          REALLOCATION BETWEEN DISBURSEMENT CATEGORIES

                                                                                                                                       Financing %
                                           Current Allocation           Actuals + Committed            Proposed Allocation
                                                                                                                                       (Type Total)
                                                                                                                                    Current      Proposed

          IDA-62440-001                           |   Currency: EUR

         iLap Category Sequence No: 1                                       Current Expenditure Category: GD,WK,NCS,CS,OC,TN expt. Pt.5 and Pt.6

                                               37,544,799.00                   22,061,414.86                 33,595,799.00           100.00             100


         iLap Category Sequence No: 2                                       Current Expenditure Category: PPF REFINANCING

                                                 1,575,201.00                   1,575,200.23                  1,575,201.00           100.00             100


         iLap Category Sequence No: 3                                       Current Expenditure Category: GD,NCS,CS,TN Pt.5 expt. Pt.5.1(f)

                                               16,680,000.00                   15,407,921.86                 16,000,000.00           100.00             100


         iLap Category Sequence No: 4                                       Current Expenditure Category: Cash subsidies Pt5.1(f)

                                                 1,000,000.00                     976,875.08                  1,000,000.00           100.00           100.00


         iLap Category Sequence No: 5                                       Current Expenditure Category: Emergency expenditures Pt.6

                                                           0.00                          0.00                          0.00          100.00             100


          Total                                56,800,000.00                   40,021,412.03                 52,171,000.00
                                             The World Bank
                                             CI: Cote d'Ivoire E-Agriculture Project (P160418)


    OPS_DETAILEDCHANGES_DISBURSEMENT_TABLE




    DISBURSEMENT ESTIMATES

    Change in Disbursement Estimates
    Yes

          Year                                                                                        Current        Proposed
          2018                                                                                            0.00            0.00

          2019                                                                                   12,117,305.64   12,117,305.00

          2020                                                                                    2,403,879.73    2,403,880.00

          2021                                                                                    9,709,904.52    9,709,904.00

          2022                                                                                   24,000,000.00   15,000,000.00

          2023                                                                                   22,768,910.11   16,818,824.00

.