Funds for Agricultural Development in Africa
September 9, 2010| |
Several countries in Africa such as Togo, Sierra Leone and Rwanda are now receiving funds for agricultural development from the Comprehensive Africa Agriculture Development Programme (CAADP). A $22 billion pledge made by the G8 and commitment from African governments will enable African countries to achieve food security and higher economic growth.
CAADP will guide governments on sustainable land and water management; building trade and marketing infrastructure; increasing food and nutrition security; and promoting research in agriculture, extension and training for adoption and dissemination of new technologies. FANRPAN, a network of researchers, farmers and governments covering 14 Southern African countries, is coordinating the program at the national and regional levels in the sub-region.
The World Bank- administered program is being supported by the U.S., Spain, South Korea and Canada as well as the Bill and Melinda Gates Foundation. A six percent growth rate in agriculture is expected every year.
See the press release at http://allafrica.com/stories/201009020011.html
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