Project Development Goal and Objectives
The Savannah Investment Program (SIP) is designed within the context of the Ghana Medium-Term Development Framework (2018-2021), the Coordinated Program of Economic and Social Development Policies (2017-2024) and Agenda for Jobs: Creating Prosperity and Opportunity for All (2018-2021), that seeks to transform Ghana’s economy and society. SIP became effective February, 2020 and will be implemented for five years (2020-2025).
The overall goal of the project is to reduce importation of meat through increased commercial broiler production, enhance competitiveness of the poultry industry and contribute to improved nutrition security. The project is expected to contribute to breed improvement of small ruminants under Government’s Rearing for Food and Jobs. This would be achieved through increased private sector investment, improved productivity and production of maize, soybean, poultry and small ruminants (goats, sheep and local chicken). At least 20,000 Ha of maize and soybean is expected to be put under cultivation by the project.
The components of SAPIP are:
- Component 1 - Access to Agriculture Finance: Establish “Missing Middle Financing Vehicle” with Risk Sharing Facility (GIRSAL) to advance term loans to commercial farmers, feed processors, broiler processors. Establish Commercial Poultry Revolving Fund to finance inputs to small-to-medium scale poultry farmers.
- Component 2 - Production Development: Sub-component 1.1 Commercial Production of Maize and Soybean under Conservation Agriculture, Sub-component 1.2 Promotion of Small and Medium Scale Commercial Poultry Production, and Sub-component 1.3 Development of Breeding Stock of Small Ruminants and Local Chicken.
- Component 3 - Agri-Business and Value Chain Development: Sub-component 2.1 Value Addition and SME Development and Sub-component 2.2 Youth/Women Empowerment and Nutrition
- Component 4 - Project Management and Institutional Support: Sub-Component 4.1 Knowledge Management, Monitoring and Evaluation, Subcomponent 4.2 Institutional Support and Sub-component 4.3 Project Coordination