Project News Details
Title:
The Gambia - Agriculture and Food Security Project
Detail:
The Board of Directors of the African Development Bank on 21 st September 2021, approved The Gambia Agriculture and Food Security Project (GAFSP), with a grant funding of USD 16 million from the Global Agriculture and Food Security Programme (GAFSP), and USD 1.37 million as counterpart contribution from the Government of The Gambia. The Bank’s engagement in The Gambia through GAFSP in contributing to tackling Gambia’s overarching development challenge led to the successful approval of the Gambia Agriculture Food and Security Project (GAFSP) with funding of USD 16 million following the 5th call for proposal in 2020. Based on the promising results achieved during the first year of implementation, a USD 12 million grant was subsequently approved as additional financing to the initial project, following the GOTG response to the GAFSP 7th Call for Proposals for Additional Financing in 2022. The project contributes to climate finance, with 5 million USD of the total approved amount dedicated to adaptation.
Country:
Source:
African Development Bank Group
Published Date:
03.03.2024
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