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Traditionally, lack of reliable market access for smallholder farmers has impeded the economic development of rural areas because farmers often live far from the wholesale markets, and it is not feasible for them to deliver their produce directly. Highly fragmented systems encourage farmers to navigate through farmer groups or brokers to get their produce to markets. Fluctuating, non-transparent prices are often the result.
IFC is providing a $15 million loan to Natore Agro, a subsidiary of food processing group PRAN, to expand production capacity, create 1,800 rural jobs and integrate small farmers into retail supply chains.
Summary of the PNIASA project in Togo.
Présentation globale du PNIASA et des domaines d'intervention des 3 premiers projets qui ont été élaborés pour soutenir sa mise en oeuvre. Il s'agit (i) du Projet d'Appui au Développement Agricole du Togo (PADAT) ; (ii) du Projet d'Appui au Secteur Agricole (PASA) ; et (iii) du Programme de Productivité Agricole en Afrique de l'Ouest (PPAAO-Togo). Ces trois projets ont mobilisé un financement total de 112,5 millions de dollars auprès des bailleurs, y compris: la Banque mondiale; le FIDA; la BOAD; la BIDC, et des fonds fiduciaires internationaux tels que le GAFSP, et le GFRP.
The GAFSP is a fund with the objective to act as a "gap filler" between a country's existing public sector investment programme and their long term investment requirements to achieve food security. This video looks at how the Global Agriculture and Food Security Program helps achieve food security.
Global Agriculture and Food Security Program Announces Third Round of Grants, And Calls on G-20 Counterparts to Contribute
Four Countries to Receive $160 Million to Help Small Farmers Increase Incomes and Improve Food Security
Samuel Gatembeyi is a farmer from the Gatsibo district of Rwanda. He is also Secretary of the Site Committee for the Land and Water Husbandry Project, funded by the Global Agriculture and Food Security Program (GAFSP), to which the US Government and other donors are major contributors. This is a story about how U.S. helps him and other farmers in Rwanda to fight hunger. This video was created and funded by ActionAid USA.
Treasury, African Ambassadors Discuss Global Agriculture and Food Security Program, Urge New Donors to Come Forward Some 25 Countries Expected to Apply for Second Wave of Food Security Funds
The U.S. Department of the Treasury today announced that Under Secretary for International Affairs Lael Brainard, along with Sylvia Mathews Burwell, president of the Global Development Program at the Bill & Melinda Gates Foundation, met with ambassadors and embassy officials from more than a dozen African countries to discuss the increased demand for assistance from the Global Agriculture and Food Security Program.
Global Fund Enlists Support of Civil Society and Producer Organizations to Advance Country-led Agriculture and Food Security Programs
Three months after international donors set up a new funding mechanism to support low-income countries as they scale-up support for agriculture and food security, almost $225 million for those countries has been approved for distribution and is on its way for implementation.
Five Countries to receive $224 Million to fight hunger and poverty