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Project News Details
Title:
Senegal - Emergency Food Production Program (AEFPF)
Detail:
The proposed intervention is for an AfDB loan not exceeding Euro 100.798 million to the Republic of Senegal to finance the Emergency Food Production Programme. It is a sector budget support prepared in accordance the African Emergency Food Production Facility (AEFPF). The budget support seeks to mitigate exogenous financial, economic, social and climatic shocks, as well as maintain the upward trend in cereal production observed in recent years, mainly by concentrating efforts on making the major inputs available to farmers (seeds and fertilizers). The programme is divided into three components: (i) Improving access to certified seeds and advisory support; (ii) Improving farmer access to fertilizers; (iii) Improving governance and implementation of public policies in the agricultural sector. It will be implemented over seventeen months, from July 2022 to December 2023. The project primely contributes towards climate Adaptation result. As such 60% of the total approval is attributed as climate finance, out of which 75 million USD is adaptation finance.
Country:
Source:
African Development Bank Group
Published Date:
07.07.2022
URL:
Regions:
Project News Details
| Title |
Senegal - Emergency Food Production Program (AEFPF) |
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|---|---|---|---|---|
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| Detail |
The proposed intervention is for an AfDB loan not exceeding Euro 100.798 million to the Republic of Senegal to finance the Emergency Food Production Programme. It is a sector budget support prepared in accordance the African Emergency Food Production Facility (AEFPF). The budget support seeks to mitigate exogenous financial, economic, social and climatic shocks, as well as maintain the upward trend in cereal production observed in recent years, mainly by concentrating efforts on making the major inputs available to farmers (seeds and fertilizers). The programme is divided into three components: (i) Improving access to certified seeds and advisory support; (ii) Improving farmer access to fertilizers; (iii) Improving governance and implementation of public policies in the agricultural sector. It will be implemented over seventeen months, from July 2022 to December 2023. The project primely contributes towards climate Adaptation result. As such 60% of the total approval is attributed as climate finance, out of which 75 million USD is adaptation finance.
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| Country | ||||
| Source |
African Development Bank Group
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| Regions | ||||
| Sectors | ||||
| Published Date |
07.07.2022
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| Original Url | ||||
| Share | ||||
| Title |
|---|
Senegal - Emergency Food Production Program (AEFPF) |
| Detail |
| The proposed intervention is for an AfDB loan not exceeding Euro 100.798 million to the Republic of Senegal to finance the Emergency Food Production Programme. It is a sector budget support prepared in accordance the African Emergency Food Production Facility (AEFPF). The budget support seeks to mitigate exogenous financial, economic, social and climatic shocks, as well as maintain the upward trend in cereal production observed in recent years, mainly by concentrating efforts on making the major inputs available to farmers (seeds and fertilizers). The programme is divided into three components: (i) Improving access to certified seeds and advisory support; (ii) Improving farmer access to fertilizers; (iii) Improving governance and implementation of public policies in the agricultural sector. It will be implemented over seventeen months, from July 2022 to December 2023. The project primely contributes towards climate Adaptation result. As such 60% of the total approval is attributed as climate finance, out of which 75 million USD is adaptation finance. |
| Country |
| Source |
| African Development Bank Group |
| Regions |
| Sectors |
| Published Date |
| 07.07.2022 |
| Original Url |
| View Original Url |
| Share |
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