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Find all the economic and financial information on our Orishas Direct application to download on Play StoreLe African Development Fund has granted a loan from $18.6 million en faveur du projet de développement sustainable and climate-smart rice production systems. With a total cost of $21.44 million, the Ivorian government contributed $2.84 million to the implementation of this project
.The project will be implemented by The Rice Sector Development Agency (ADERIZ), a structure under the Ministry of Agriculture, Rural Equipment and Food production will ensure adequate production in quantity and quality to supply millers. It also aims to develop rice processing clusters, agribusiness, and market links to facilitate trade; to support policy and regulatory reforms, and their harmonization, for rice value chains that are competitive with imports. It will also strengthen food security and sovereignty in West Africa by promoting public and private investments in rice value chains to increase rice self-sufficiency and reduce the region's import bills by
2030.It will also promote the creation of the best conditions for preparing for a more ambitious second phase, which can attract public and private investments in rice value chains, in particular in the processing of agricultural products, in the processing of agricultural products, in the provision of agricultural inputs and services and in marketing. Hey.
The Bank Group Vice President in charge of Agriculture and Human and Social Development, Beth Dunford, said that “this project is one of the Bank's flagship operational responses to the financing of the West African Countries' Compacts resulting from the Dakar 2 Summit. organized jointly by the African Union and the Bank in January 2023 on the theme: Feeding Africa: Food Sovereignty and Resilience”.
Quelque 1660 producteurs, dont 580 femmes et 415 jeunes, bénéficieront directement de ce projet qui facilitera leur accès aux semences, aux engrais, aux produits phytosanitaires, to mechanization and agricultural equipment as well as agricultural supervision services
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