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Title:
Eswatini - Emergency Food Production Program (EFPP)
Detail:
The proposed operation is for an ADB loan of USD 40 million (United States forty million) to the Kingdom of Eswatini to finance the African Emergency Food Production Facility (AEFPF). The AEPF Program is designed as a single tranche crisis response budget support targeting the agriculture sector for the FY2022/23. The Program is aligned to the Government’s priorities as outlined in the National Development Plan (NDP, 2019-22), which prioritizes agricultural development as key to economic growth, recovery, poverty reduction, and social wellbeing. The Program complements the Bank’s interventions in Eswatini. The Lower Usuthu Small-holder Irrigation Project (LUSIP I) and LUSIP II aim to reduce poverty through increased household incomes and enhanced food security by creating the conditions for the transformation of subsistence smallholder farmers into small-scale commercial farmers. The project primely contributes towards climate Adaptation result. As such 40% of the total approval is attributed as climate finance, out of which 16 million USD is adaptation finance.
Country:
Swaziland
Source:
African Development Bank Group
Published Date:
13.07.2022
URL:
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Regions:
Africa Southern Africa Sub-Saharan Africa
Sectors:
Construction Computer Hardwares and Consumables Marine
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