Private Sector Development in Agriculture Projects
The Private Sector Development in Agriculture Projects area is directly implementing three projects that are focused on rapidly addressing systemic issues related to private sector development in agriculture.
Ethiopian Agribusiness Acceleration Platform:
The project is a demand-driven, value chain focused business incubator and accelerator that helps high-potential agribusinesses to professionalize and scale. The platform works with both early stage and mature enterprises to engage players across the value chain. In doing so, it identifies and addresses company-specific and systemic challenges, and aims to build a high-quality, sustainable supply chain for partners across the value chain and create a market driven, business-building model for participating entrepreneurs.
Key Targets by end of GTPII:
- Provide business development services, technical assistance or other capacity building support to at least 11 honey and beeswax MSMEs, 2 input suppliers and 1 quality testing laboratory
- Design and operationalize a contract farming scheme for at least 2 honey and beeswax processing MSMEs
- Provide access to improved inputs, credit, new technologies and practices (including climate-smart) worth ETB 27 million to 10,000 farmer households.
Ethiopian Investment Commission Support
This support aims to strengthen the investor engagement, advisory roles and regulatory capacity of the EIC particularly within the agro-processing and pharmaceutical sectors. This focused support will aid the EIC in carrying out strategic institutional infrastructure and human resources capacity development that will help it attract quality local and foreign direct investment.
Key Targets by end of GTPII:
- Provide at least 9.5 million ETB in sub-grants to EIC
- Hire and second 15 project personnel.
Agriculture Trade and Investment Promotion
The objectives of this project are: (i) to convert promising investment opportunities by proactively targeting and engaging investors and addressing key systemic bottlenecks that currently restrict the growth of the private sector in agriculture, and (ii) to create an enabling environment in which smallholder farmers can have diversified opportunities to market their outputs and be effectively linked to local and global supply chains.
Key Targets by end of GTPII:
- Support the conversion at least two agro-processing investments with a combined minimum investment amount of 1.5 billion ETB
- Six major international trade shows and three domestic trade fair co-organized with the Ministry of Trade
- At least $400 million (USD) in sales generated from international trade shows.
- Develop and operationalize a national strategy document for attracting investments into Ethiopia’s food processing and auxiliary industries.