Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Madagascar: Yields increase for youth enterprises, thanks to an African Development Fund project

Tuesday, 13 September 2022 09:34
Rice yield tripled in Bongolava and Amoron’i regions thanks to an African Development Bank project. Rice yield tripled in Bongolava and Amoron’i regions thanks to an African Development Bank project.

( AfDB) - Launched in 2016, the Young Rural Enterprises Project in the Central West of Madagascar has helped improve agricultural yields. Yields of rice and maize doubled, according to a project progress report released by the African Development Bank on 30 August 2022.

The African Development Fund, the Bank Group's concessional window, provided the project with $23.42 million in financing, which was supplemented with $11.28 million from the Bank Group's Transition Support Facility.

Even before the end of the project, scheduled for 2023, rice yields in the Bongolava and Amoron'i Mania regions have increased from 2 to 6.6 tonnes per hectare. Maize yields reached 4 tonnes, compared to 1.5 tonnes in 2015. As for groundnuts, the yield reached 1.5 tonnes per hectare, compared to 0.75 tonnes before the project. Production in the region has thus jumped to 47.43 tonnes of rice, 30.63 tonnes of maize and 9.3 tonnes of groundnuts, compared to 16, 10 and 4 tonnes respectively in 2015.

The project has enabled the development of 13,086 hectares of land, including 2,064 hectares in the lowlands. Around 11,000 hectares of land were equipped with irrigation kits for youth enterprises. Around 165 kilometres of rural tracks were developed and support was provided to 82 seed production units. Seven land offices were built, enabling 5,654 title deeds to be issued to producers.

Two school buildings, 40 housing units for young entrepreneurs and 14 wells have been built out of the 50 planned. "The construction of the rest of the wells will continue, as will the construction of health facilities, police stations and other facilities," the Bank Group report states.

The project also recorded several successes in supporting livestock production. Of note is the distribution of 154 indigenous piglets in the Bongolava region in 2019; the distribution of 330 improved breed piglets in the Bongolava region (220 piglets) and in the Amoron'i Mania region (110 piglets) in 2020. Support to the 139 pig breeders operating in the two regions has resulted in the production of 90.4 tonnes of pork, including 26.08 tonnes for Amoron'i Mania and 64.32 tonnes for Bongolava.

A total of 379 youth-owned enterprises are benefiting from financing through the National Bank of Industry, a partner bank.

"The completion of this project and especially the implementation of the second phase, which will cover more regions, will have a definite impact on production and productivity for better food security in the project's intervention zone. It will also have an impact on job creation and poverty reduction in Madagascar," concludes Moussa Morou, project manager at the African Development Bank.

2910 banque

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom


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.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.