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Project News Details
Title:
Tanzania - Agricultural Inputs Support Project
Detail:
The proposed operation is for an ADF loan of UA 52.59 million and an ADF grant of UA 1.82 million from the African Development Fund to the United Republic of Tanzania to finance the Tanzania Agricultural Inputs Support Project (TAISP) within the framework of the African Emergency Food Production Facility (AEFPF). The project results from a request of the Government of Tanzania dated 30 May2022 to support its efforts to mitigate the impact of the global compounded shocks caused by the war in Ukraine on the domestic economy and preserve resilience. It is structured into three components, namely: (i) Scaling up food production; (ii) Financing Fertilizer Availability and Affordability; (iii) Enabling policy environment and institutional strengthening. The project will contribute to strengthening food security and resilience of the Tanzanian economy, with particular emphasis on increasing national agricultural productivity and mitigating food security risks due to the Ukraine – Russia crisis and climate-induced stresses. The project primely contributes towards climate adaptation result. As such 35% of the total approval is attributed as climate finance, out of which 25 million USD is adaptation finance.
Country:
Source:
African Development Bank Group
Published Date:
14.07.2022
URL:
Regions:
Project News Details
| Title |
Tanzania - Agricultural Inputs Support Project |
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|---|---|---|---|---|
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| Detail |
The proposed operation is for an ADF loan of UA 52.59 million and an ADF grant of UA 1.82 million from the African Development Fund to the United Republic of Tanzania to finance the Tanzania Agricultural Inputs Support Project (TAISP) within the framework of the African Emergency Food Production Facility (AEFPF). The project results from a request of the Government of Tanzania dated 30 May2022 to support its efforts to mitigate the impact of the global compounded shocks caused by the war in Ukraine on the domestic economy and preserve resilience. It is structured into three components, namely: (i) Scaling up food production; (ii) Financing Fertilizer Availability and Affordability; (iii) Enabling policy environment and institutional strengthening. The project will contribute to strengthening food security and resilience of the Tanzanian economy, with particular emphasis on increasing national agricultural productivity and mitigating food security risks due to the Ukraine – Russia crisis and climate-induced stresses. The project primely contributes towards climate adaptation result. As such 35% of the total approval is attributed as climate finance, out of which 25 million USD 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 |
|---|
Tanzania - Agricultural Inputs Support Project |
| Detail |
| The proposed operation is for an ADF loan of UA 52.59 million and an ADF grant of UA 1.82 million from the African Development Fund to the United Republic of Tanzania to finance the Tanzania Agricultural Inputs Support Project (TAISP) within the framework of the African Emergency Food Production Facility (AEFPF). The project results from a request of the Government of Tanzania dated 30 May2022 to support its efforts to mitigate the impact of the global compounded shocks caused by the war in Ukraine on the domestic economy and preserve resilience. It is structured into three components, namely: (i) Scaling up food production; (ii) Financing Fertilizer Availability and Affordability; (iii) Enabling policy environment and institutional strengthening. The project will contribute to strengthening food security and resilience of the Tanzanian economy, with particular emphasis on increasing national agricultural productivity and mitigating food security risks due to the Ukraine – Russia crisis and climate-induced stresses. The project primely contributes towards climate adaptation result. As such 35% of the total approval is attributed as climate finance, out of which 25 million USD 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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