The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) EASTERN AND SOUTHERN AFRICA | Zambia | IBRD/IDA | Investment Project Financing (IPF) | FY 2023 | Seq No: 3 | Archived on 10-Oct-2024 | ISR01834 Implementing Agencies: Ministry of Commerce, Trade and Industry 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 15-Jun-2023) To increase access to markets and finance and promote firm growth in Zambia's Agribusiness sector. Has the Development Objective been changed since Board Approval of the Project Objective? No 2. COMPONENTS Name Support Access to Markets and Finance:(Cost 102,000,000.00) Promote Trade and Agribusiness Competitiveness:(Cost 54,000,000.00) Project Management:(Cost 14,000,000.00) 3. OVERALL RATINGS Name Previous Current Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Moderate 4. KEY ISSUES & STATUS 4.1 Implementation Status and Key Decisions Oct 10, 2024 Page 1 of 8 The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) Following World Bank Board approval on June 16, 2023 to Zambia Agribusiness and Trade project-II, this is the third ISR and reflects implementation support provided between March to September 2024. The focus during the past six months has been on ensuring declaration of project effectiveness on March 5, establishment of the Project Steering Committee and fulfillment of disbursement condition under the Line of Credit. 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Rating at Approval Last Approved Rating Risk Category Approval Package - ISR Seq. 02 - 15 Mar Proposed Rating 16 Jun 2023 2024 Political and Governance Moderate Moderate Moderate Macroeconomic Substantial Substantial Substantial Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Low Low Low Sustainability Fiduciary Moderate Moderate Moderate Environment and Social Moderate Moderate Moderate Stakeholders Moderate Moderate Moderate Overall Moderate Moderate Moderate Oct 10, 2024 Page 2 of 8 The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes To contribute to increased access to markets and finance and promote firm growth in Agribusiness Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 60.00 Dec/2028 % of beneficiaries with Comments on The indicator will measure the proportion of beneficiary firms and producer organizations increased average sales (of achieving targets (POs) from among the total firms and POs that have been supported by the project through which % female) Matching grants and/or Line of credit ( as applicable) that have reported an increase in (Percentage) average sales since receiving project support. 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 50.00 Dec/2028 Comments on The indicator will measure the proportion of female beneficiary firms and producer % Female (Percentage) achieving targets organizations (POs) from among the total firms and POs that have been supported by the project through Matching grants and/or Line of credit ( as applicable) that have reported an increase in average sales since receiving project support. 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 17,000,000.00 Dec/2028 Private Capital mobilized Comments on The indicator will measure the cumulative amount of commercial credit leveraged by project (Amount) (USD) (Number) achieving targets supported beneficiaries (firms and POs) over the course of the project implementation period. 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 20.00 Dec/2028 Percentage of beneficiaries Comments on The indicator will measure the proportion of beneficiary firms/producer organizations with increase in exports achieving targets (POs)/off takers/scale cross border traders from among the total beneficiary firms/producer (Percentage) organizations (POs)/off takers/scale cross that have been supported by the project have reported an increase in exports since receiving project support Page 3 of 8 The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) 6.2 Intermediate Results Indicators by Components Support Access to Markets and Finance Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Total new FTE Jobs being 0.00 Jul/2023 0.00 15-Mar-2024 0.00 15-Mar-2024 12,550.00 Dec/2028 created by the project Comments on The indicator measures the total number of Full-time equivalent jobs created either by the (Number) achieving targets project supported POs or SMEs % of females 0.00 0.00 0.00 40.00 (Number) 0.00 Jul/2023 0.00 15-Mar-2024 0.00 15-Mar-2024 350.00 Dec/2028 Comments on The indicator will measure the number of project supported beneficiaries (mostly firms and No of beneficiaries accessing achieving targets select POs) that are able to access Line of Credit (disaggregated by gender). Lines of Credit (Number) The sub-indicator will measure also the proportion of beneficiaries who accessed the project’ Line of Credit, that were able to secure additional external funding such as commercial credits and loans from other resources. % of which female 0.00 0.00 0.00 40.00 (Percentage) % of beneficiaries able 0.00 0.00 0.00 30.00 to secure additional funding (Percentage) People benefiting from 0 Oct/2024 0 03-Oct-2024 greater gender equality Comments on new indicator (Number of people) CRI achieving targets People benefiting from 0 Oct/2024 0 03-Oct-2024 Page 4 of 8 The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) greater gender equality – Female (Number of people) CRI People benefiting from 0 Oct/2024 0 03-Oct-2024 greater gender equality Comments on new indicator – Youth (Number of achieving targets people) CRI 0.00 Jul/2023 0.00 14-Mar-2024 0.00 14-Mar-2024 133,500.00 Dec/2028 Total No. of project Comments on The indicator will measure the total number of beneficiaries including firms, producer beneficiaries (of which % achieving targets organizations (POs), off takers, scale cross border traders supported by the project. It will also female) (Number) include individuals that have gained Full Time Equivalent [FTE] jobs due to te project % females (Number) 0.00 Jul/2023 0.00 15-Mar-2024 0.00 15-Mar-2024 50.00 Dec/2028 No. of beneficiaries supported 0.00 Jul/2023 0.00 15-Mar-2024 0.00 15-Mar-2024 3,150.00 Dec/2028 through Business Comments on The indicator will measure the total number of POs, firms, start-ups, small traders, etc that Development Service achieving targets have been supported through Business Development Services at least once under the project. provision. (Number) No of subprojects 0.00 Jul/2023 0.00 15-Mar-2024 0.00 15-Mar-2024 900.00 Dec/2028 operationalized under Comments on The indicator will measure the total number of POs that have received the matching grants Productive Alliance achieving targets under the project. (Number) Promote Trade and Agribusiness Competitiveness Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Percentage reduction of 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 15.00 Dec/2028 average time to clear a border Comments on The indicator will be measured through a time release study to track the percentage reduction crossing (Percentage) achieving targets of average time for goods to clear the border Reduction in the no. of 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 8.00 Dec/2028 agencies physically located at Comments on Measured by the reduction in the number of agencies physically located at two selected two selected border posts border posts. Upon implementation of Coordinated Border Management and other trade Page 5 of 8 The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) (Number) achieving targets facilitation reforms, the total number of agencies at each of the border posts is expected to reduce to 6. 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 6.00 Dec/2028 No. of tests, proficiencies & Comments on The total number of accredited tests, proficiencies and systems by the National Quality systems accredited achieving targets Infrastructure and Sanitary and Phyto Sanitary (SPS) agencies supported through the project (Number) collectively throughout the project period. Establishment of a Secretariat No Jul/2023 No 15-Mar-2024 No 27-Sep-2024 Yes Dec/2028 serving the AfCFTA National Comments on The Ministry of Commerce, Trade and Industry establishes a Secretariat to the AfCFTA national Action Committee (Yes/No) achieving targets action committee that is defined through a terms of reference. Project Management Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Percentage of project-related 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 100.00 Dec/2028 grievances addressed Comments on Cumulative total number of project-related grievances addressed within the required terms (Percentage) achieving targets over the cumulative total number of project- related grievances received. Satisfaction rating by project 0.00 Jul/2023 0.00 15-Mar-2024 0.00 27-Sep-2024 70.00 Dec/2028 beneficiaries on providing Comments on This indicator tracks the proportion of sample project beneficiaries that have rated the project feedback/effective achieving targets engagement as “satisfactory” engagement during the term of the project (%) (Percentage) Page 6 of 8 The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) 7. DATA ON FINANCIAL PERFORMANCE 7.1 Cumulative Disbursements 7.2 Disbursements (by loan) Loan/Credit/TF Status Original Revised Cancelled Disbursed Undisbursed % Disbursed Historical Disbursed IDA-73450 Effective 170.00 170.00 0.00 10.73 159.27 6.31% 170.00 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing IDA-73450 Effective 16-Jun-2023 12-Dec-2023 05-Mar-2024 15-Dec-2028 15-Dec-2028 8. KEY DATES Oct 10, 2024 Page 7 of 8 The World Bank Implementation Status & Results Report Zambia Agribusiness and Trade Project-II (ZATP-II) (P179507) Key Events Planned Actual Approval 16-Jun-2023 16-Jun-2023 Effectiveness 05-Mar-2024 05-Mar-2024 Mid-Term Review No. 01 01-Sep-2026 Operation Closing/Cancellation 15-Dec-2028 9. RESTRUCTURING HISTORY 10. ASSOCIATED OPERATION(S) There are no associated operations Oct 10, 2024 Page 8 of 8