Connect with us

BUSINESS

AfDB provides $14m grant to boost food security in South Sudan

Published

on

AfDB to receive $61.8m from 'We-Fi' for women empowerment programme in Africa

African Development Bank (AfDB) on Monday announced a 14 million U.S. dollar grant to boost food security, value addition and trade in South Sudan.

Benedict Kanu, AfDB country manager for South Sudan, said the five-year project would be implemented by the Food and Agriculture Organisation of the United Nations (FAO) in conjunction with the Ministry of Agriculture and Food Security.

Kanu said in a statement issued in the capital, Juba that “with South Sudan being land-locked and experiencing weak urban and peri-urban infrastructure, having good access to lucrative markets especially within the country is a necessary condition for farmers to be profitable, productive and reduce risk of loss of surplus farm produce.”

He said the project would help increase the production and incomes of almost 20,000 farming families in Central and Eastern Equatoria and Jonglei states noting that the grant would benefit formerly internally displaced persons now returned to their homes in need of economic reintegration.

“A key factor explaining Africa’s and indeed South Sudan’s low level of agricultural value addition is the inefficient marketing infrastructure.

“This prevents farmers and processors from realizing the full value of their products, even in their raw form.”

The AfDB also said that the project would create aggregation business opportunities for farmers and traders, including women and youth.

It added that the grant would also provide them with new skills and knowledge, and the agro-processing equipment they need to produce competitive products.

Hadiza Mohammed

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments