To ease your site search, article categories are at bottom of page.

November 21, 2011

East Africa could benefit from IFAD 's $600 million agric fund

by David Muwanga

It is time for the five partner states of the East African Community (EAC) including the other 16 countries that are member states of the International Fund for Agriculture Development (IFAD) to apply for funds to fill finding gaps in the agriculture ministries, an official has announced.

"We have already developed a budget of $600m for the next three years 2010-2012 through which member states of the IFAD can now apply to fill up funding gaps in the ministries of agriculture mainly for projects intended to support livelihoods of people in rural areas," said the fund's director for East, West and Southern Africa Ides v.d. Does de Willebois.

"All member states of the fund can apply and we allocate funds according to the population and the country's performance in the utilization of funds previously as some of the poorly performing countries are having their allocations reduced," he said on November 14, in Arusha, Tanzania.

This was after the opening of a five day regional implementation workshop for IFAD supported projects and programmes in East and Southern Africa at the Arusha International Conference centre (AICC) in Arusha, Tanzania.

The workshop that is joined by the South Sudan as a new member is aimed at sharing experiences on hindrances and progress by the heads of the funds projects and programmes from each country and drawing a way forward.

Tanzania's permanent secretary in the food security and cooperatives ministry Mohammed Saidi Muya said that his government has already drawn up an agriculture investment plan which is aimed at implementing seven priority programmes.

These include irrigation development whereby Tanzania has got 44m hectares of irrigable land but less than one million hectares are under irrigation.

"The other priority is production and commercialisation of agriculture targeting to involve the private sector in agricultural; production which has hitherto been a public but not a private sector concern," he said adding that this however calls for a minimum of six percent budget support which is still at between 6-7%.

He said the third priority is rural infrastructure that includes development of markets and trade and the forth being food and nutritional levels and fifth is disaster management and climate change mitigation.

"We have already budgeted for the investment plan to cost $5.304bn but we have got a funding gap of $2.876bn to which we expect IFAD to provide us with support," he said.

East African Business Week

Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings expo exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture hydroponics ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maiz maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by

Back to TOP