Food production: Madagascar supports producers

Published 2023년 5월 2일

Tridge summary

A new project in Madagascar, funded by the African Development Fund and the Transition Support Facility, aims to boost the production of rice, wheat, soybeans, and peanuts across over 47,500 hectares, benefiting over 126,000 producers, including 30% who are women. This initiative is a response to the increased prices of basic necessities due to the Covid-19 pandemic, natural disasters, and the conflict between Ukraine and Russia. The project is expected to cost around $20 million and will help increase local production of cereals and oilseeds, reducing the country's reliance on imports and strengthening food security.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The implementation of the project will enable more than 126,000 producers, including 30% of women, to benefit from fertilizers, to increase production and productivity in four agricultural varieties: rice, wheat, soybeans and peanuts. This will also increase the cultivated areas to more than 47,500 hectares. "This strengthening of food security will contribute to coping with the harmful effects of the war between Ukraine and Russia, which has led to a surge in food products on the market", declared the Malagasy Minister of Agriculture and Agriculture. 'Livestock, Harifidy Janset Ramilison. Financed by the African Development Fund and the Transition Support Facility for an overall cost of approximately $20 million, this project aims to increase the production of cereals and oilseeds in Madagascar to cope with the surge in prices of basic necessities, following the successive crises of the Covid-19 ...
Source: Lobservateur

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