W3vina.COM Free Wordpress Themes Joomla Templates Best Wordpress Themes Premium Wordpress Themes Top Best Wordpress Themes 2012

AFDB Approves $1.4m Grant For Food Security In Zambia


(AFRICAN EXAMINER) – African Development Bank has approved a $1.4 million grant from the Global Agriculture and Food Security Programme to improve household food security in Zambia.

The grant  which  is aimed at reducing malnutrition among the Southern African nation’s most vulnerable households in the wake of COVID-19 pandemic.

The Mitigating Impacts of Covid-19 on Household Food Security Project will create about 150 permanent skilled or semi-skilled positions and 40 part-time unskilled jobs in crop, livestock and fisheries value chains.

The project will supply inputs for crops, livestock and aquaculture enterprises to promote good agricultural practices and increase food production. There will also be a capacity building component.

African Development Bank Director of Agriculture and Agro-industry, Martin Fregene said the   agriculture sector is an important source of livelihoods, employment and Gross Domestic Product (GDP) in Zambia.

“Increased food supply resulting from additional grant funds will lead to more jobs, improved quality of life, and reduction of malnutrition in many impacted communities”, he said.

The project provides supplementary funds to the ongoing Agriculture Productivity and Market Enhancement Project, a $32 million grant-funded initiative also from the Global Agriculture and Food Security Programme, which has been managed by the bank in the Sinazongwe, Gwebe, Chongwe, Rufunsa, Serenje and Chitambo districts of Zambia over the past five years.

The Global Agriculture and Food Security Programme was established as a response to the 2008/09 world food price crisis, following a commitment by the Group of 8 nations (G8) in September 2009 to mobilize up to $20 billion for agricultural development and food security.

The World Bank supervises about half of the project portfolio of the Global Agriculture and Food Security Programme. The AfDB  managed  about a quarter in December 2019, and the International Fund for Agricultural Development, 11 percent.

Global Agriculture and Food Security Programme administrators said the six districts were selected based on poverty levels, food insecurity and malnutrition prevalence. However, with this funding and program, these districts have the potential for economic growth, and to promote crop diversification. Some 5,000 people, including 3,750 women and 1,000 youth, will benefit. Some 5,000 people will also benefit indirectly along the commodity value chains.

Since the outbreak of Covid-19, Zambia has implemented bold measures to protect the health and economic well-being of its citizens. These steps included a nationwide program to scale up agricultural diversification. The Bank’s Covid-19 Response Facility launched in 2020 has been a lifeline to member governments by providing resources to tackle the pandemic.

AfDB”s Country Manager in Zambia, Mary Monyau said the  facility will consolidate the bank’s support for Zambia’s economic diversification and impact mitigation against Covid-19.

The Zambian project is in line with the Bank’s High 5 strategic priorities, specifically, Feed Africa, Industrialize Africa, and Improve the quality of life for the people of Africa. Similar bank projects have been successfully undertaken in Malawi, Niger, Liberia, Senegal and the Gambia.


Short URL: https://www.africanexaminer.com/?p=64309

Leave a Reply

Time limit is exhausted. Please reload CAPTCHA.

Zenith bank

SHELL

ACCESS

NNPCL

FIDELITY

advertisement

advertisement

Classified Ads

Like us on Facebook

advertise with us