La Banque Agricole (formerly Caisse Nationale de Credit Agricole du Senegal)

LBA

  • Type Direct (National)
  • Date of accreditation 21 Aug 2020

La Banque Agricole (LBA) (formerly, Caisse Nationale de Crédit Agricole du Sénégal (CNCAS), is a direct access, private sector entity based in Senegal. LBA specializes in the financing of agricultural value chains with the aim of promoting activities in rural areas of Senegal and improving economic, social and environmental development and sustainability. LBA promotes responsible and sustainable investments, resulting in an increased number of projects to upgrade agricultural infrastructures with increased resource efficiency and greater adoption of clean and environmentally sound technologies. In order to contribute to the priority sectors of Senegal’s economy, LBA provides investments in the areas of clean energy, energy generation and access, agricultural practices, infrastructure modernization, waste management and resource efficiency, clean technologies and adaptation to climate change. 

Together with GCF, LBA intends to undertake the following activities: developing, constructing, operating and maintaining, for a period of 25 years, an independent kinetic power plant of 5-megawatt capacity; installing a solar energy supply solution for the Guédé Chantier pumping station to enable full solarization of two of the four existing pumps using a photovoltaic pumping system; and partially renewing a fleet of trucks to mitigate carbon dioxide emissions, reduce pollution and the risk of accidents, and increase energy efficiency, among others.

Accreditation timeline

Accreditation term 1

15 Sep 2023 - 14 Sep 2028

Accreditation date

20 Aug 2020

AMA execution date

06 Dec 2021

AMA effectiveness

15 Sep 2023

Term end date

14 Sep 2028

Entity details

  • Size
    • Micro
    • Small
    • Medium
    • Large
  • Environmental and social risk category
    • Category C
    • Category B
    • Category A
    • Intermediation 3
    • Intermediation 2
    • Intermediation 1
  • Fiduciary standards
    • Basic
    • Project management
    • Grant award
    • On-lending/blending:
    • Loan
    • Equity
    • Guarantee
    • Blending

Documents

Contacts

Mr. Abdou Aziz DIEDHIOU
Primary

Studies and Strategy Department Head
Phone +221 77 641 82 18/ +221 133 839 36 54
aziz.diedhiou@labanqueagricole.sn
Mr. Alioune SEYDI
Secondary

Monitoring and Evaluation Manager
Phone +221 77 822 06 86 / +221 33 839 3636
alioune.seydi@labanqueagricole.sn
Mr. Cheikh NDIAYE
Tertiary

Commercial and Marketing Director
Phone +221 77 333 24 87 / +221 33 839 3636
cheikh.ndiaye@labanqueagricole.sn