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  1. A grant from the African Development Fund supports the implementation of the AfCFTA in five countries, leveraging the AIDA framework.

Rwanda receives $60 million for land husbandry through African food systems platform

1 report, 1 independent Updated Thu 00:00
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What happened

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A collaborative platform for African food systems received its inaugural investment for land husbandry projects in Rwanda. This initial investment totaled $60 million for Rwanda’s Land Husbandry and terracing program, which aims to help farmers reclaim degraded land. The program has already reached hundreds of farmers and contributed to land restoration and food security.

From ipsnews.net

Why it matters

Some supportBrind's analysis of the reports

The investment highlights the potential of deliberate agricultural funding to reduce poverty, as agricultural growth is noted to be up to four times more effective at reducing poverty than growth in other sectors. Despite this evidence, Africa’s agriculture sector faces an estimated $200 billion annual financing gap.

A grant from the African Development Fund supports the implementation of the AfCFTA in five countries, leveraging the AIDA framework.

From ipsnews.net

Who's involved

  • steering committeeThe steering committee established the collaborative platform that secured the investment.
  • RwandaThe country receiving the $60 million investment for its land husbandry program.
  • African Development BankThe multilateral development finance institution involved in the financing track.

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A grant from the African Development Fund supports the implementation of the AfCFTA in five countries, leveraging the AIDA framework. All 2 developments

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