Project News Details
Title:
Multinational - Leveraging investments to increase access to fertilizer utilisation by smallholder farmers
Detail:
The present project is relative to the Leveraging Investments to Increase Access to Fertilizer Utilisation by Smallholder Farmers. It aims to expand the supply and distribution of fertilizer (+ 200,000 MT) by leveraging investments. Indeed, convened in Abuja in June 2006, the Abuja Declaration on Fertilizers delineated key actions and measures to be taken at the country and regional levels to rapidly increase accessibility, availability and incentives to use fertilizers by smallholder farmers in Africa. It called for the establishment of the African Fertilizer Financing Mechanism (AFFM) by the African Development Bank to principally finance the interventions. African Fertilizer and Agribusiness Partnership (AFAP) is an innovative initiative that was also established in response to the Abuja Declaration on Fertilizers. AFAP is a partnership between a number of African and international development partners with the goal of increasing private sector participation and investment (both financial and technical) in order to increase the supply of affordable fertilizer to smallholder farmers.
Source:
African Development Bank Group
Published Date:
21.03.2018
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