In Cameroon, 8 percent of GDP contribution in the agricultural sector is compromised every year because of the challenges facing the sector, according to the World Bank. This situation has a direct impact on the living conditions of close to two million residents. Therefore, local authorities are trying to address the issues with the support of international partners.
The World Bank approved, Monday (May 2), more than US$100 million in loans to help Cameroon deal with food and nutrition insecurity. According to an official release, the loan will be granted through the International Development Association (IDA).
The fund will aid “Cameroon’s efforts to strengthen food and nutrition security and increase resilience to climate shocks of targeted households and producers.” It will benefit more than 419,000 people, including “260,000 food insecure and vulnerable people and 159,000 farmers, pastoralists and fishermen from crisis affected communities based in the Far North, North, Northwest, Southwest, Adamawa, and East regions.”
“We know that agriculture plays a key role in Cameroon’s employment and employs nearly 43% of the workforce. But with the current climate conditions, about 2 million people, 9 percent of Cameroon’s population, are living in drought-affected areas, which means that about 8 percent of GDP contribution from agricultural production is compromised annually,” commented Abdoulaye Seck, World Bank Country Director for Cameroon.
The project will focus on three key actions namely, “support early shock-response food and nutrition stabilization,” “strengthen climate smart production of smallholders,” and “ support the Government’s food security crisis monitoring and coordination capacity including through innovative digital and information systems.”
Its ultimate goal is to increase “productivity and access to markets in the agriculture, livestock, and fisheries sector.”
Last February, Action Against Hunger warned that many of the country's poorest families were running out of food stocks. The organization reveals that more than 900,000 people would face "severe acute food insecurity with an urgent need for food assistance" by June 2022.
Jean-Marc Gogbeu
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Senegal, U.S. sign $135 million health system support deal Funding targets surveillance, labs, workforce training and digital health...
Orange Côte d’Ivoire hosts UN Global Compact network meeting Firms discuss CSR, sustainability standards and private sector collaboration Membership...
Togo shea stakeholders meet in Kara to address sustainability challenges Over 150 participants discuss value chain organization and market...
Nigerian Breweries begins pilot barley cultivation to cut imports Ethiopia leads Africa barley output; Morocco, Algeria major producers Nigeria aims...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...