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Implementation of the PDC2V Project: A $219 million fund launched

23/12/2022
Source : ORISHAS FINANCE
Categories: Sectors

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In Ivory Coast, on December 15, the executive launched a shared-cost fund worth 135 billion CFA francs ($219 million). This was in order to support the implementation of the Food Value Chains Development Project (PDC2V).

The PDC2V is financed by the World Bank and aims to promote the development of sustainable, competitive, resilient and income-generating agriculture and is part of the Second Gen. National Agricultural Investment Program lactation (PNIA 2).

The Minister of Agriculture and Rural Development, Kobenan Kouassi Adjoumani, announced that the envelope will mainly be used to subsidize more than 400 sub-projects of individual developers, groups or cooperatives, structured or not, and more than 150 small and medium-sized agricultural enterprises (SMEs) operating in food crop value chains. Interventions will include the cassava, horticultural and aquaculture subsectors. In addition to this financial support, operators will benefit from technical and advisory support with a view to improving access to marketing markets for their products.

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