Project News Details
Title:
Malawi - Agriculture Food Emergency Production Facility AEFPF
Detail:
The proposed operation consists of a loan to the Government of Malawi for UA 15 million ($20.2 million) to finance the Malawi Agriculture Emergency Food Production Facility. It is an African Development Fund loan instrument and will be applied over one year period from 31st July 2022 to 30th June 2023. This proposal results from a request by the Government of Malawi dated 6th June 2022, to re-purpose the resources earlier committed for the Malawi Agriculture Commercial Value Addition and Youth in Agribusiness Project. The project is premised on the existing seed and fertilizer distribution systems in Malawi. The Project has three components, namely: (i) Scaling up Food Production; (ii) Enhanced registration of smallholder farmers and farmer organizations towards receipt of inputs, extension, and market services; (iii) Agriculture Policy Dialogue and Project Coordination. The project primarily contributes to climate adaptation results. As such, 50% of the total approved amount is attributed as climate finance, of which approximately 10 million USD is dedicated to adaptation.
Country:
Source:
African Development Bank Group
Published Date:
14.07.2022
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