The World Bank Implementation Status & Results Report Angola Commercial Agriculture Development Project (PDAC) (P159052) Angola Commercial Agriculture Development Project (PDAC) (P159052) EASTERN AND SOUTHERN AFRICA | Angola | Agriculture and Food Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 11 | ARCHIVED on 15-Nov-2023 | ISR58457 | Implementing Agencies: Ministry of Agriculture, Ministry of Finance Key Dates Key Project Dates Bank Approval Date: 29-May-2018 Effectiveness Date: 26-Dec-2018 Planned Mid Term Review Date: 15-Feb-2022 Actual Mid-Term Review Date: 22-Feb-2022 Original Closing Date: 31-May-2024 Revised Closing Date: 31-May-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed Project Development Objective is to increase productivity and market access for selected beneficiaries in the project areas. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Promotion and Support for Agribusiness Development:(Cost $91.00 M) Infrastructure for Production and Marketing:(Cost $84.00 M) Institutional Strengthening and Improved Business Environment:(Cost $30.00 M) Project Management, Monitoring and Evaluation:(Cost $22.35 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions The project became effective on December 26, 2018. This ISR reflects the findings and agreements reached during the implementation support mission held between August 28 through October 20, 2023. Next supervision mission is foreseen to take place in July 2024, while conducting continuous virtual support. Implementation of project activities is satisfactory and is in line with the efforts of the Government of the Republic of Angola to diversify the economy through commercial agriculture and invest in the development of the agriculture sector in the country. The PDAC project has been able to overcome the challenges that hindered its implementation in the past, mainly on fiduciary and safeguards' related issues. The Project continues to support the development of business plans (PNs) and the introduction of Partial Credit Guarantees (PCGs) for the agricultural sector under Component 1 – an innovation in Angola. Adjustments were made in subcomponent 2.2. “Support for Public Irrigation Projects”, in order to encourage better implementation dynamics, while, at the request of the Government of Angola, the Project proceeded with the cancellation of subcomponent 2.3 “Rural Electrification” in its entirety. Upon completion of the partial cancelation and related restructuring, the revised loan amount will be of USD 193.2 million, equivalent to €152.4 million. 11/15/2023 Page 1 of 7 The World Bank Implementation Status & Results Report Angola Commercial Agriculture Development Project (PDAC) (P159052) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Substantial Substantial Substantial Macroeconomic High High High Sector Strategies and Policies Substantial Substantial Substantial Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and High High High Sustainability Fiduciary Substantial Substantial Substantial Environment and Social Substantial Substantial Substantial Stakeholders Substantial Substantial Substantial Other -- Substantial Substantial Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes To increase productivity and market access for selected beneficiaries in the project areas. IN01359354 ►Aggregate increase in yields per standard unit of selected crop by participating farmers (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 This indicator will be revised as part of the restructuring, including the addition of other crops and Comments: livestock. See Restructuring Package for more details. IN01359355 Maize (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 275.00 272.00 50.00 IN01359546 11/15/2023 Page 2 of 7 The World Bank Implementation Status & Results Report Angola Commercial Agriculture Development Project (PDAC) (P159052) Beans (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 17.00 67.00 50.00 IN01359547 Soy (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.60 3.00 3.00 50.00 IN01359548 Potato (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 9.80 10.00 10.00 50.00 IN01359549 Chicken (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 15.00 IN01359550 Eggs (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5.00 0.00 15.00 IN01359551 Coffee (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 0.00 20.00 IN01359552 ►Increase in average gross sales by crop/non-crop activities of beneficiary farmers and SMEs (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 41.00 41.00 12.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 IN01359553 ►Farmers reached with agricultural assets or services (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 7,487.00 7,487.00 11,500.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 This indicator is being revised to include direct beneficiaries only, thus current numbers reflect corrections Comments: to the summatory. Targe 11/15/2023 Page 3 of 7 The World Bank Implementation Status & Results Report Angola Commercial Agriculture Development Project (PDAC) (P159052) IN01359554 Farmers reached with agricultural assets or services - Female (Number, Corporate Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,417.00 2,417.00 4,500.00 Overall Comments PDO The Results Framework will be adjusted as part of the upcoming restructuring, including changes in targets and scope of certain PDO and intermediate indicators. Intermediate Results Indicators by Components Institutional Strengthening and Improved Business Environment IN01359557 ►Public private dialogue (PPD) platforms with action plans validated by its members (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 3.00 3.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 3 Workshops were held to create public/private dialogue platforms. Comments: IN01359558 ►Improved agriculture technologies resulted of research institutes' partnerships with international R&D institutions supported by the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 3.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 Procurement procedures are in progress. Comments: IN01359562 ►Services offered by MINAGRIP using the Business Intelligence (BI) system (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 5.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 Activities are in progress. The expectation is to have results in 2023. Comments: Promotion and Support for Agribusiness Development IN01359555 11/15/2023 Page 4 of 7 The World Bank Implementation Status & Results Report Angola Commercial Agriculture Development Project (PDAC) (P159052) ►Farmers adopting improved agricultural technology (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 39.00 143.00 5,000.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 Business Plans approved and disbursed. Comments: IN01359559 Farmers adopting improved agricultural technology - Female (Number, Corporate Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 6.00 6.00 1,500.00 IN01359560 ►Number of sub-projects implemented and operational (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 53.00 60.00 260.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 The subproject is considered operational when funds disbursement starts. New business plans are under Comments: evaluation by the project. IN01359564 ►Partial credit gurantees - outstanding amounts (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 608,913.63 21,184,937.19 58,500,000.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 Infrastructure for Production and Marketing IN01359556 ►Beneficiaries satisfied with the quality of services received by the project (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 70.00 Date 09-Apr-2018 30-Jun-2023 20-Oct-2023 31-May-2024 IN01359561 ►Area provided with new/improved irrigation or drainage services (Hectare(Ha), Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5,830.00 11/15/2023 Page 5 of 7 The World Bank Implementation Status & Results Report Angola Commercial Agriculture Development Project (PDAC) (P159052) Date 19-Mar-2018 30-Jun-2023 20-Oct-2023 31-May-2024 The final target for this indicator is being adjusted to reflect project status and budget realocation. Comments: Procurement processes are ongoing. The expectation is to have results in 2023. Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P159052 IBRD-88660 Effective USD 130.00 130.00 0.00 39.71 85.64 32% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P159052 IBRD-88660 Effective 29-May-2018 19-Jul-2018 26-Dec-2018 31-May-2024 31-May-2024 Cumulative Disbursements 11/15/2023 Page 6 of 7 The World Bank Implementation Status & Results Report Angola Commercial Agriculture Development Project (PDAC) (P159052) Restructuring History Level 2 Approved on 11-Jun-2022 ,Level 2 Approved on 10-Feb-2023 Related Project(s) There are no related projects. 11/15/2023 Page 7 of 7