Project News Details
Title:
Multinational - Technologies for African Agricultural Transformation (TAAT) Phase II
Detail:
The proposed operation is for the implementation of Phase II of the Technologies for an African Agricultural Transformation (TAAT II) framework to be utilised in the operationalizing of the Africa Emergency Food Production Facility (AEPF), approved by the AfDB Board in May 2022, in selected ADF Countries through policy and institutional reforms to accelerate the delivery of fertilizers and climate-resilient seeds for 20 million farmers. The Framework will strengthen National Seed Systems for selected Regional Member Countries (RMCs) using a market-based model and support the local private sector to scale technologies and services (seeds, fertilizers, extension) at village level. TAAT II’s support to AEFPF will be key to foster an enabling environment to facilitate the movement of inputs and outputs across borders through collaboration with RECs to build RMCs’ capacities to take advantage of regional initiatives such as harmonised agricultural input policies and regulations, cross-border technology delivery strategies, and regional trade. As TAAT expands the scope of its activities to meet its broader objectives, the components are Creation of Enabling Policy and Regulatory Environment (EE); Regional Technology Delivery Infrastructure (RTDI); Deployment of Appropriate Agricultural Technologies (DAT); and Project Management and Co-ordination (PM&CH). The total cost of the Program is estimated at UA 22.38 million (USD 30.22 million) net of taxes and based on 2022 prices. The project primely contributes towards climate adaptation result. As such 80% of the total approval is attributed as climate finance, out of which 22 million USD is adaptation finance.
Source:
African Development Bank Group
Published Date:
14.07.2022
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