Agriculture

Sudan: AfDB grants $42M to develop agriculture

Friday, 08 June 2018 18:27

(Ecofin Agency) - The African Development bank (AfDB) announced June 6, it has approved a $42 million financing to the Sudanese agricultural sector. The amount granted as concessional loans will be used to implement the Agricultural Value Chain Development Project in the country.

Estimated at $47.5 million, this 5-year project focuses on the improvement of agricultural production and productivity, household incomes as well as food security. It is expected to commence next July-August and targets the regions of Northern Kordofan, Western Kordofan and Khartoum.

Groundnuts, sesame, potatoes and gum Arabic are the main products selected for the project. AfDB says it will directly reach about 236,457 farmers in 13 communities of Khartoum, while about two million people in South and North Kordofan will indirectly benefit from it.

Espoir Olodo

 
Finance


 
Mining


 
Telecom


 
Public Management


Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.