Tridge summary
The African Development Bank (AfDB) is funding a $41 million project aimed at enhancing agricultural production across all regions of a country over two years. The project, which targets crops such as wheat, corn, rice, sorghum, soya, and cowpea, will distribute 34,000 tonnes of fertilizer and 3,000 tonnes of certified seeds at subsidized prices to small farmers. It is projected to benefit 102,000 direct and 612,000 indirect beneficiaries, and aims to produce an additional 1.1 million tonnes of cereals and 59,200 tonnes of legumes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
With a total cost of $41 million, this new project financed by the African Development Bank (AfDB) will be implemented over a period of 2 years in all regions of the country. It targets several crops, including wheat, corn, rice, sorghum, soya, cowpea. The interventions will notably focus on the distribution of 34,000 tonnes of fertilizer and 3,000 tonnes of certified seeds of “high-performance and climate-resilient varieties” at subsidized prices to small farmers, reports the local press. This initiative will cover 250 municipalities for a total of 102,000 direct and 612,000 indirect beneficiaries, with a concentration of activities around the large ...
Source: Lobservateur
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.