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Project News Details
Title:
Somalia - Additional Financing to Multinational Program to Build Resilience for Food and Nutrition Security in the Horn of Africa AEFPF
Detail:
The proposed operation is a Transition Support Facility (TSF) Pillar I grant of an amount not exceeding UA 4 million to the Federal Republic of Somalia as additional financing for the Multinational Program to Build Resilience for Food and Nutrition Security (BREFONS) in the Horn of Africa, within the framework of the African Emergency Food Production Facility (AEFPF). The additional financing resources will supplement subcomponent 1.3 of the BREFONS Somalia project which is already structured to supply improved and climate-adapted seeds to beneficiaries. The resources will be used to finance the following activities: (i) Purchase and delivering of native and improved quality varieties of fodder seeds estimated at USD 1.0 million, (ii) |Additional support to fodder banks in BREFONS, estimated at USD 3.8 million, and (iii) Institutional capacity building, estimated at USD 0.6 million. This project primely contributes towards climate adaptation result. As such 100% of the total approval is attributed as climate finance, out of which 100% is adaptation finance.
Country:
Source:
African Development Bank Group
Published Date:
14.07.2022
URL:
Regions:
Project News Details
| Title |
Somalia - Additional Financing to Multinational Program to Build Resilience for Food and Nutrition Security in the Horn of Africa AEFPF |
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|---|---|---|---|---|
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| Detail |
The proposed operation is a Transition Support Facility (TSF) Pillar I grant of an amount not exceeding UA 4 million to the Federal Republic of Somalia as additional financing for the Multinational Program to Build Resilience for Food and Nutrition Security (BREFONS) in the Horn of Africa, within the framework of the African Emergency Food Production Facility (AEFPF). The additional financing resources will supplement subcomponent 1.3 of the BREFONS Somalia project which is already structured to supply improved and climate-adapted seeds to beneficiaries. The resources will be used to finance the following activities: (i) Purchase and delivering of native and improved quality varieties of fodder seeds estimated at USD 1.0 million, (ii) |Additional support to fodder banks in BREFONS, estimated at USD 3.8 million, and (iii) Institutional capacity building, estimated at USD 0.6 million. This project primely contributes towards climate adaptation result. As such 100% of the total approval is attributed as climate finance, out of which 100% is adaptation finance.
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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 |
|---|
Somalia - Additional Financing to Multinational Program to Build Resilience for Food and Nutrition Security in the Horn of Africa AEFPF |
| Detail |
| The proposed operation is a Transition Support Facility (TSF) Pillar I grant of an amount not exceeding UA 4 million to the Federal Republic of Somalia as additional financing for the Multinational Program to Build Resilience for Food and Nutrition Security (BREFONS) in the Horn of Africa, within the framework of the African Emergency Food Production Facility (AEFPF). The additional financing resources will supplement subcomponent 1.3 of the BREFONS Somalia project which is already structured to supply improved and climate-adapted seeds to beneficiaries. The resources will be used to finance the following activities: (i) Purchase and delivering of native and improved quality varieties of fodder seeds estimated at USD 1.0 million, (ii) |Additional support to fodder banks in BREFONS, estimated at USD 3.8 million, and (iii) Institutional capacity building, estimated at USD 0.6 million. This project primely contributes towards climate adaptation result. As such 100% of the total approval is attributed as climate finance, out of which 100% is adaptation finance. |
| Country |
| Source |
| African Development Bank Group |
| Regions |
| Sectors |
| Published Date |
| 14.07.2022 |
| Original Url |
| View Original Url |
| Share |
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