Finance

Côte d’Ivoire: SA’s Global Africa Integrated Farm approves $167 mln for an integrated agricultural program

Côte d’Ivoire: SA’s Global Africa Integrated Farm approves $167 mln for an integrated agricultural program
Friday, 29 November 2019 12:59

South Africa's Global Africa integrated farm has entered into a $167.7 million public-private partnership (PPP) agreement with the Ivorian Ministry of Agriculture and Rural Development as part of the Tiébissou Integrated Agricultural Program (PAIT). The partnership was inked on the sidelines of the Abidjan 2019 International Agricultural and Animal Resources Exhibition (SARA).

This project aims to address food insecurity and produce nutritious food on a large scale, while generating a significant number of rural jobs for women and youth and improving the skills of local smallholders so that they become, over time, large farmers.

In addition, it will also provide opportunities for small-scale farmers to engage in profitable agriculture by strengthening relations with agribusinesses and getting access to relevant commercial training, inputs, extension services, value-added structures, and markets. This is to enable a comprehensive market-oriented approach to the value chain.

Cultivation methods will be based on organic practices identical to agricultural conservation or sustainable land management techniques that respect the environment. The farm program covers maize, soya, cattle, and poultry.

André Chadrak
 

On the same topic
GuarantCo issues $20 million, 23-year guarantee to Kenya’s Dhamana Guarantee boosts local-currency infrastructure financing in East...
Mali denies reports of imminent AES single currency launch Denial aims to curb uncertainty amid high financing needs Investor caution...
WAEMU states target 12.7 trillion CFA francs in 2026 auctions 2025 issuance hit record 11.9 trillion as external funding tightened Secondary...
XSML Capital closed African Rivers Fund IV at $142m, above its $135m target The fund aims to finance about 50 small and medium-sized...
Most Read
01

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
04

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

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

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


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.