OPEC Fund signs US$30m loan to boost productivity for smallholder farmers in Uganda

UGANDA – The OPEC Fund for International Development has signed a US$30 million loan facility agreement with Uganda to help improve food security and incomes for more than 120,000 smallholder households in the northern and north-eastern regions engaged in the production and marketing of oilseeds (groundnuts, sunflower, sesame and soy).   The National Oil Seeds Project is co-financed by the International Fund for Agricultural Development (IFAD) and the Ugandan government. The Ugandan government’s latest Agricultural Sector Strategic Plan highlights oil seeds as part of the four strategic commodities expected to…

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AfDB appoints Atsuko TODA the acting Vice President for Agriculture, Human and Social Development

AFRICA – The African Development Bank Group (AfDB) has announced the appointment of  Ms. Atsuko TODA as Acting Vice President for Agriculture, Human and Social Development, effective 16 March 2021. Atsuko, a Japanese citizen, is a seasoned professional with over 20 years of experience with international institutions. Atsuko joined the Bank in December 2016 as Director of the Agriculture, Finance and Rural Infrastructure Development Department. In her current function, she is responsible for the bank’s investments in private sector agribusiness companies, mainstreaming disaster risk finance, and development of Special Agro-Industrial…

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IFAD reappoints its president Gilbert Fossoun Houngbo for a second four-year term

TOGO – International Fund for Agricultural Development (IFAD) has announced the reappointment of Gilbert Fossoun Houngbo, a senior official and former Prime Minister of Togo, as its head for a second term. IFAD’s board of governors, the Fund’s main decision-making body, has renewed its trust in him, for a second four-year term. Gilbert has headed the Rome-based institution since 2017. Not long after he was reappointed, the Togolese announced, on social networks that he would focus, during his new term, on consolidating actions undertaken in the first. “My first priority…

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IFAD, RBAs, FAO, WFP join forces to revitalize economic activities in the SAHEL region

SAHEL – The International Fund for Agricultural Development (IFAD) is joining with the other Rome-based UN agencies (RBAs), the Food and Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP), as well as the G5 Sahel and the Green Climate Fund to revitalize economic activities and food systems in the Group of Five Sahel countries (Burkina Faso, Chad, Mali, Mauritania and Niger) and in the Republic of Senegal. These efforts will strengthen the resilience of rural communities impacted by conflict, climate change and the current Covid-19…

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