AfDB - African Development Bank Group
$10,000,000.00 CAD
- Department
- Global Affairs Canada
- Recipient country
- Côte d’Ivoire
- Fiscal year
- 2023-2024
- Agreement period
- December 8, 2023 – March 31, 2024
- Reference
- dfatd-maecd:064-2023-2024-Q3-00087
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.
In plain English AI-generated
This project, managed by the African Development Bank, aims to increase smallholder farmers' agricultural productivity and incomes in Africa through the Africa Fertilizer Financing Mechanism, providing credit guarantees, policy support, and technical assistance to improve fertilizer access and soil health.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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