Bank grants Togo $5.4 million to boost its agricultural production

Published Jul 18, 2022

Tridge summary

Togo is set to receive a $5.39 million grant from the African Development Bank (AfDB) to boost its food sovereignty and support small farmers. The funds will be used to distribute climate-resilient seeds and fertilizers to 25,500 farmers, including 9,000 women, and to valorize 25,500 hectares of land. The project is part of the AfDB’s $1.5 billion African Emergency Food Production Facility, which aims to provide certified seeds to 20 million African smallholder farmers, producing 38 million tons of food over the next two years.

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Original content

(Togo First) - Togo will get $5.39 million from the AfDB to boost its food sovereignty and help its small farmers be more resilient as the war in Ukraine continues. The grant was recently approved by the regional lender. "The sharp rise in fertilizer prices and the difficulty for small and vulnerable producers to obtain fertilizer are likely to cause a drop in the rate of fertilizer use and affect future agricultural production," said Wilfrid Abiola, AfDB Country Manager in Togo. With this money, 25,500 farmers, 40% of them being women, should get 500 tons of certified climate-resilient seeds and 7,700 tons of fertilizers, according to the Abidjan-based bank. Besides, part of the funds will be used to valorize 25,500 ha of land. Also, farmers will frequently get information to cope with climate change issues, and institutions–such as the Agricultural Inputs Management and Supply Central, the Technical Support and Advice Institute, the National Agency for Food Security, and the ...

Source: Togofirst