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Agriculture

Burkina Faso: CFA25 billion to be used to establish a food security stock in 2018  

Thursday, 18 January 2018 16:08

(Ecofin Agency) - Burkinabe government will disburse CFA25 billion to build up a 95,000 tons cereal stock for food security. The information, relayed by Xinhua, was announced by Jacob Ouedraogo, minister of agriculture. 

The process, which will be conducted by the National Company for food security stock management (SONAGESS), mainly aims to compensate the food deficit resulting from armyworms infestation and drought periods during the 2017/2018 agropastoral campaign. 

According to estimates (last October) of the UN Office for the Coordination of Humanitarian Affairs, the parasites have affected more than 40,000 ha of maize field in Cascades regions, South-Western and Central-Western parts of the country.

Furthermore, Xinhua indicated that almost 3 million people are subject to food insecurity in 17 of the country’s 45 provinces.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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