Journalist-Kenya
[NAIROBI] The Gambia will receive US$20.28 million
grant from the International Fund for Agricultural Development (IFAD) to help
improve livelihoods of smallholder farmers with a particular attention to rural
women and youth. The focus will be on increased
rice and vegetable production.
IFAD announced 20 December that it will provide a
US$20.28 million grant to Gambia and the financing agreement for the National
Agriculture Land and Water Management Development Project was signed today by
Abdou Kolley, Minister for Finance and Economic Affairs of the Republic of The
Gambia, and Kanayo F. Nwanze, President of IFAD.
Agriculture is an important sector for the
country’s economy, employing over 72 per cent of the population and contributes
about 30 per cent to the gross domestic product.
Most people living in rural areas in Gambia are
extremely poor and depend on agriculture for their livelihoods. According to
IFAD women in particular, who make up a large proportion of this group, lack
economic opportunities and access to productive resources like credit, land,
skills and services.
The project, it is hoped, will enhance rice and
vegetable production nationwide through sustainable land and water management
practices to help smallholder farmers increase their incomes. It will increase
the productivity of limited farm land and support improvements to
infrastructure such as water and roads, and also strengthen farmers’
organizations to help commercialize their activities to boost household
incomes.
According to a press release by IFAD, the project
aims to transform the Gambian agricultural sector from simply subsistence
farming to an increasingly efficient market system. This will help meet the
objectives of both the Gambia National Agricultural Investment Plan and
Programme for Accelerated Growth and Employment.
Co-financed by the government of The Gambia and the
Islamic Development Bank, the project will be implemented by the Ministry of
Agriculture of The Gambia. About 22,000 poor rural households, including 660
young rural women and men will directly benefit from the project.
This project brings to 10 programmes and projects financed
by IFAD in The Gambia for a total investment of approximately $73.9 million
benefitting 149,200 households since 1982.
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