IFAD - International Fund for

$100,000,000.00 CAD

≈ $2.41 for every person in Canada ≈ 1,292 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Italy
Fiscal year
2023-2024
Agreement period
March 18, 2024 – March 31, 2024
Reference
dfatd-maecd:064-2024-2025-Q2-00737

Published purpose

The Private Sector Financing Programme (PSFP) aims to support rural people to overcome poverty and achieve food security by supporting sustainable, and resilient livelihoods. The PSFP focuses on catalyzing greater private sector investments to support and benefit small producers and rural micro, small and medium enterprises in local agri-food systems. The International Fund for Agricultural Development (IFAD) manages the PSFP . Project activities include: (1) addressing bottlenecks in underserved value chains; (2) increasing market participation through small producers’ aggregation (3) creating more resilient value chains (4) promoting the adoption of digital innovations that improve value chain efficiency, transparency, sustainability, and resilience.

In plain English AI-generated

This contribution supports IFAD's Private Sector Financing Programme, which aims to reduce rural poverty and improve food security by catalyzing private investment in agri-food value chains for small producers and rural enterprises, primarily in developing countries.

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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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions