Fundings :
Islamic Development Bank (IsDB)
Characteristics :
The main objective of the project is to modernize, strengthen and improve the operational efficiency of the Gambia Groundnut Corporation (GGC), maintain its market share, position itself at the high end of the groundnut value chain, improve its profitability, and preserve and increase the income of 70% of the rural population engaged in groundnut production.
The project comprises the following eight components:
• Upgrading the processing infrastructure of the Gambia Groundnut Cooperation;
• Improving the groundnut river transport system;
• Improving groundnut storage, unloading and handling infrastructure;
• Management of groundnut shell waste;
• Improving the quality of testing systems;
• Technical assistance to support the groundnut value chain;
• Project management and activity supervision;
• Financial audit.
Mission of IDC :
• Review of existing studies;
• Preparation of the studies required for the various components of the project;
• Supervision of construction works;
• Equipment acquisition and procurement;
• Installation of the plant.