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Africa - African Forum for Agricultural Advisory Services Second Multi-Donor Trust Fund Project : restructuring (English)

The objective of the African Forum for Agricultural Advisory Services Second Multi-Donor Trust Fund Project is to reform and strengthen Agricultural Advisory Services (AAS) in accordance with FAAP principles towards increasing agricultural productivity and food security. In May 2016, the Bank concluded the mid-term review of the project, during which two items were identified for restructuring: (i) revision of the results framework including the project development objective (PDO) and indicators; and (ii) reallocation of funds between expenditure categories. As AFAAS prepared and finalized the revisions to the results framework and identified amounts to be reallocated, several other areas for restructuring emerged, significantly delaying processing due to the need for additional clarification, finalization of reports, updates to manuals, and input from the donor partner. These included: (iii) revision and inclusion of Grant Agreement definitions; (iv) elimination of a dated covenant; (v) increase in the grant amount (not additional financing); (vi) extension of the closing date; and (vii) corrections to Portal data.

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Africa - African Forum for Agricultural Advisory Services Second Multi-Donor Trust Fund Project : restructuring (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/693271513617650162/Africa-African-Forum-for-Agricultural-Advisory-Services-Second-Multi-Donor-Trust-Fund-Project-restructuring