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Project News Details
Title:
Madagascar – Emergency Food Production Enhancement Project
Detail:
The proposed operation consists of an ADF grant of UA 9 million, a TSF grant of UA 2.71 million and a TSF loan of UA 3.29 million to the Republic of Madagascar to finance the nationwide Emergency Food Production Enhancement Project in Madagascar (Pro-PAM). It is a two-year investment project covering the 2022-2023 and 2023-2024 crop seasons. The project is in response to a request by the Government of Madagascar, dated 9 June 2022. The Emergency Project is aligned with the African Emergency Food Production Facility (AEFPF) established by the Bank in response to the impact of the Russia-Ukraine crisis on food systems in Africa. It will support activities to strengthen the seed system, the provision of fertilizers (organic and synthetic) to strengthen production and increase access to food. The project will be implemented through three components: (i) Strengthening of agricultural production; (ii) Strengthening of food production; and (iii) Project coordination and management. The project primarily contributes to climate adaptation results. As such, 35% of the total approved amount is attributed as climate finance, of which approximately 7 million USD is dedicated to adaptation.
Country:
Source:
African Development Bank Group
Published Date:
14.07.2022
URL:
Regions:
Project News Details
| Title |
Madagascar – Emergency Food Production Enhancement Project |
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| Detail |
The proposed operation consists of an ADF grant of UA 9 million, a TSF grant of UA 2.71 million and a TSF loan of UA 3.29 million to the Republic of Madagascar to finance the nationwide Emergency Food Production Enhancement Project in Madagascar (Pro-PAM). It is a two-year investment project covering the 2022-2023 and 2023-2024 crop seasons. The project is in response to a request by the Government of Madagascar, dated 9 June 2022. The Emergency Project is aligned with the African Emergency Food Production Facility (AEFPF) established by the Bank in response to the impact of the Russia-Ukraine crisis on food systems in Africa. It will support activities to strengthen the seed system, the provision of fertilizers (organic and synthetic) to strengthen production and increase access to food. The project will be implemented through three components: (i) Strengthening of agricultural production; (ii) Strengthening of food production; and (iii) Project coordination and management. The project primarily contributes to climate adaptation results. As such, 35% of the total approved amount is attributed as climate finance, of which approximately 7 million USD is dedicated to adaptation.
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| Country | ||||
| Source |
African Development Bank Group
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| Regions | ||||
| Sectors | ||||
| Published Date |
14.07.2022
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| Original Url | ||||
| Share | ||||
| Title |
|---|
Madagascar – Emergency Food Production Enhancement Project |
| Detail |
| The proposed operation consists of an ADF grant of UA 9 million, a TSF grant of UA 2.71 million and a TSF loan of UA 3.29 million to the Republic of Madagascar to finance the nationwide Emergency Food Production Enhancement Project in Madagascar (Pro-PAM). It is a two-year investment project covering the 2022-2023 and 2023-2024 crop seasons. The project is in response to a request by the Government of Madagascar, dated 9 June 2022. The Emergency Project is aligned with the African Emergency Food Production Facility (AEFPF) established by the Bank in response to the impact of the Russia-Ukraine crisis on food systems in Africa. It will support activities to strengthen the seed system, the provision of fertilizers (organic and synthetic) to strengthen production and increase access to food. The project will be implemented through three components: (i) Strengthening of agricultural production; (ii) Strengthening of food production; and (iii) Project coordination and management. The project primarily contributes to climate adaptation results. As such, 35% of the total approved amount is attributed as climate finance, of which approximately 7 million USD is dedicated to adaptation. |
| Country |
| Source |
| African Development Bank Group |
| Regions |
| Sectors |
| Published Date |
| 14.07.2022 |
| Original Url |
| View Original Url |
| Share |
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