Transcript Document

Western and Central Africa
Portfolio Performance Review
July 2009 – June 2010
Dakar, 09 November 2010
The IFAD Portfolio
 50 active projects in 21 countries.
 Total IFAD financing: US$ 800 million.
 13 partners are co-financing 33
projects with an additional (33%) US$
385 million to the IFAD financing.
 The regional grant portfolio amounted
to US$ 23 million:
 15 large regional grants (US$20 million)
 20 small grants (US$3 million)
IFAD Strategic Objectives (SO)
 IFAD strategic objectives are pursued with projects channeled through
Governments to producers and processors, their associations and local level
institutions emphasising capacity building, participatory planning and
implementation, with particular attention given to poorer women and youth.
SO 1
SO 2
• Natural Resources Management and Agriculture Technology
and Services: 20% of projects include sub-components of
research, extension and training for agriculture production,
irrigation, NRM, livestock and rangelands, and fisheries.
SO 3
SO 4
SO 5
• Financial Services, Input and Output Markets, and Off-farm
Employment and Enterprise Development: 32% of projects
include market and related infrastructure, rural financial services,
small and micro-enterprise development.
SO 6
• Participation in Local and National Policy Processes – 48% of
projects include policy and institutional support, management and
human development, and community driven development.
Implementation Support Strategy
CPMs
• Country Programme Managers represent IFAD at individual country
levels with an average of 5 projects per CPM. Greater emphasis being
given to out-posted CPMs (existing, new and planned), and local
knowledge through CPOs and in-country teams.
Supervision
• IFAD direct supervision (48 projects or 96% of portfolio), increasing by
30% from the previous year).
Capacity
Building
• Grants are used to strengthen capacities, particularly M&E, project and
financial management and technical assistance for technology
generation.
Regional
Support
Team
• Regional Support team backstops CPMs, projects in design,
implementation support and supervision. Where needed, continuous
training for projects provided. Accra Action Plan – and WCA Division
Annual Retreat – reviews implementation and knowledge sharing
strategy agreed between WCA and all projects at the Regional
Implementation Workshop (Accra, Nov ’09).
Maturity of the Regional Portfolio
0 - 1 year
No. of
Projects
10
1 - 3 years
11
22%
3 - 5 years
13
26%
5 - 7 years
9
18%
> 7 years
7
14%  This demonstrates that rejuvenation of
Project Maturity
Total ongoing projects
50
Average duration (yr)
3.89
%
 42% (or 21 projects) are less than 3
years old.
20%
 14% (or 7 projects) are above seven
years old.
the portfolio is taking place.
Key Accomplishments Stand Out
Taking over of 96% of the portfolio under Direct Supervision
• Two supervision / implementation support missions per project per year
Significant reduction in the disbursement lag from 47% to 12%
• More than USD 340 million (43%) disbursed out of USD 800 million
• 540 withdrawal applications processed
Sustainability of the portfolio stands at over 86%
• 31 out of 55 projects moderately satisfactory or satisfactory
• Sustainable impact, results and continuity
Total arrears in WCA reduced by more than 24%
• Reduced from USD 51.9 million to USD 39.3 million
• Resumption in Liberia, Central African Republic and Togo
41 Projects are “Not-at-Risk” and therefore 85%
Overall Best Implementation Progress
Country
Project Name
PBAS Project
Rating
2010
Scores
2009
Scores
%
Change
Senegal
MATAM 2
Not at risk
105
94
11%
Niger
PPILDA
Not at risk
100
99
1%
Cape Verde
PLPR
Not at risk
99
93
6%
Gambia, The Rural Finance Project
Not at risk
97
101
-4%
Ghana
Rural Enterprise Project II
Not at risk
96
91
5%
Mauritania
Oasis Sustainable Dev.
Not at risk
96
96
0%
With the Main Success Areas
 Participation in Local and National Policy Processes including CommunityDriven Development and Decentralization.
CAPE VERDE and NIGER
 Agricultural and NRM, Technology and Services.
SENEGAL and MAURITANIA
 Financial Services and Micro-Enterprises Development.
GHANA and GAMBIA
Remaining Challenges
M&E
• 38% considered unsatisfactory
Disbursement Rates
• 35% considered unsatisfactory
Audit Reports
• 35% not received on time
Qualified Audit Report
• 20% with major financial issues
Actual Problem Project
• 15% poor financial management
Risk Status and Main Areas of Concern
Country Portfolios At Risk
• Chad, Guinea, and Congo (14% of countries)
Project Risk Status
• Projects at risk (6 Actual Problem Projects)
• Pro-activity index (67%, 3 projects completed and 1 problem project upgraded)
Unsatisfactory performance indicators - Fiduciary Aspects
• Counterpart funds
• Disbursement rate/lag (improved but needs further improvement)
• Financial management
Project implementation progress
• M&E
• Project management
Six Projects at Risk
CHAD
PRODER-K and PRODER-B: Poor implementation progress and sustainability
BEING CLOSED
GUINEA
PPRD-HG: Poor implementation progress, management and sustainability
BEING CLOSED
PACV II: World Bank (main financier) suspended the disbursements
CONGO
PRODER: Poor management
DR
CONGO
PRAPO: Poor management
Pro-actively, WCA with West African Rural Foundation provided training sessions to fifty
projects from 20 countries through five sub-regional workshops in Gambia, Benin, Mali,
Cote d'Ivoire, and DR Congo building the capacity of all the portfolio and project
staff, principally the project director and the financial controller as well as government
official from Ministries of Agriculture and Finance.
Key Actions being taken to Improve Performance
Simple
Rigorous
Aggressive
Increase
• Design simpler projects (fewer components), minimising
risks in civil strife countries; and
• Simpler coordinated implementation arrangements.
• More rigorous supervision and implementation support
including customized training program for IFAD staff and
projects.
• More aggressive restructuring and closing of projects which
do not take actions to improve.
• Increased partnerships with local and bilateral institutions
with demonstrated ability to obtain results in difficult
countries.
To Conclude…
Continued pro-activity in the following:
Dynamic and proactive management at country level: strengthening and
using CPMT; better management of country teams; capacity building (at IFAD
and project level); coordinated approach with partners.
Implementation is as key as design: good COSOP and design, with
monitored implementation and support – assurance of implementation
readiness for successful project. Priority now: good work planning and
budgeting, procurement planning.
Direct supervision and systematic implementation support and continuous
follow-up of project activities with one main outcome: achieving RI (results and
impact)!