Project News Details
Title:
Central African Republic - Promising Sectors Development and Youth Women Entrepreneurship Promotion Support Project in the Agribusiness Sector
Detail:
The PADFP-PEJA is the African Development Bank's response to the CAR's Agricultural Pact Investment Plan presented at the Dakar 2 African Food Summit "Feeding Africa: Food Sovereignty and Resilience", held from January 25 to 27, 2023, in Dakar, Senegal. CAR's National Pact for Food and Agriculture is part of the Government's overall vision to rebuild productive, profitable, sustainable, and wealth-creating agriculture. It aims to revive food production (crops, livestock, and fisheries) and promote market integration by focusing on the following priority sectors: (i) Crop production: maize, rice, cassava, and market garden crops; (ii) Livestock production: cattle and poultry (broiler chicken); (iii) Fisheries resources (fisheries, fish farming) (PADFP-PEJA). The project contributes to climate finance, with 15 million USD of the total approved amount dedicated to adaptation.
Source:
African Development Bank Group
Published Date:
04.07.2024
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