News

Agriculture is the Gambia's asset

Gambia
Published Nov 5, 2021

Tridge summary

Over the period 2021-2025, it is agriculture that the African Development Bank (AfDB) has pinned as the great asset for the future of The Gambia. It should be noted that this is the first Country Strategy Paper (CSP) that the AfDB has prepared for this country since the change of political regime in 2016. “The 2021-2025 CSP is selectively focused on a single priority area: modernization of the chains agricultural value for inclusive growth.

Original content

Over the period 2021-2025, it is agriculture that the African Development Bank (AfDB) has pinned as the great asset for the future of The Gambia. Note that this is the first Country Strategy Paper (CSP) that the AfDB has been preparing for this country since the change of political regime in 2016. “The 2021-2025 CSP is selectively focused on a single priority area: modernization of agricultural value chains for inclusive growth. In particular, the Bank will target private sector-led commercial agricultural value chains with a view to transforming The Gambia into a staple crop processing zone (SCPZ) and strengthening food self-sufficiency, "the document reads. Emphasis will also be placed on "ongoing energy projects to support a dynamic agrifood industry and develop multimodal transport systems to interconnect the country with regional and global markets and benefit from the African Continental Free Trade Area (AfCFTA) ). " Light industry also offers opportunities, the Bank ...
Source: Commodafrica
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.