AfDB - African Development Bank Gro

$10,000,000.00 CAD

≈ $0.24 for every person in Canada ≈ 129 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2023-2024
Agreement period
March 25, 2024 – December 31, 2027
Reference
CA-3-P012793001

Published purpose

This project aims to increase smallholder farmers’ sustainable agricultural productivity and incomes, including women and youth in Africa. It seeks this through the Africa Fertilizer Financing Mechanism, a special fund established by the African Union`s member states and managed by the African Development Bank. Project activities include: (1) providing financial products and support (i.e., credit guarantees) to targeted small and medium enterprises. It does so to improve smallholder farmers’ access to fertilizers and other critical inputs, particularly for food crops; (2) supporting the advocacy and development of policy reforms to enhance fertilizers availability and productivity and soil health; and (3) facilitating smallholder farmers (including women and youth) access to inputs, technical assistance, and extension services to improve food production, revenues and soil health. The project aims to increase the productivity of three selected strategic commodities by a minimum of 30%. It does so through adopting better fertilization and plant health plans. The project seeks to reach a minimum of 800,000 farmers (at least 40% women). It also seeks to support at least three policy and regulatory reform initiatives in selected countries. These initiatives address the legal, structural, and technical challenges of accessing and using fertilizers and soil, health and safety, and environmental stewardship and advocacy.

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View official source record Imported July 30, 2026 from Global Affairs Canada IATI data