New Partnership to boost Agricultural Research Capability in South Africa

Primary Industries and Regions SA (PIRSA), South Australia’s key economic development agency and the University of Adelaide has signed an agreement to deliver benefits in research, development and extension for primary industries in the state. The agreement will see PIRSA and the University of Adelaide utilise each other’s strengths in research, development, extension and innovation to generate high-value outcomes for the agricultural sector. The partnership will also aim to attract … [Read more...]

IFAD and Senegal collaborate to promote Climate Resilient Agriculture and Rural Entrepreneurship

The financing agreement for the Agricultural Development and Rural Entrepreneurship Programme – Phase II (PADAER-II) was signed by correspondence by President of IFAD, Gilbert F. Houngbo and Minister of Finance of the Republic of Senegal, Amadou Ba. Over 43,700 vulnerable rural households in Senegal will benefit from a US$72.4 million programme that aims to improve food and nutrition security and incomes of smallholder crop and livestock farmers in four regions of Senegal. The financing of … [Read more...]

IFAD invests in Myanmar to reduce Poverty and improve Food Security in Rural Areas

The International Fund for Agricultural Development (IFAD) and the government of Myanmar have signed a financing agreement to reduce poverty, and improve food security and nutrition for over 390,000 rural people in the northern Magway region and southern Chin state. The agreement was signed by President of IFAD, Gilbert F. Houngbo and Myanmar Ambassador and Permanent Representative to the UN in Rome, Myint Naung. The total cost of the Western States Agribusiness Project (WSAP) is US$20.3 … [Read more...]

Microsoft announces Recipients of ‘AI for Earth Innovation Award’

Microsoft has announced new recipients of its AI for Earth Innovation award which is a joint $1.2M grant program offered by Microsoft and National Geographic to 11 grantees. The grant winners will use these resources to support their projects and better protect the planet. Microsoft shares that the new grant offering will support research and scientific discovery with AI technologies to advance agriculture, biodiversity conservation, climate change and water. Out of more than 200 … [Read more...]

AfDB invests US$7.5 Million in Africa Tech Ventures

The African Development Bank (AfDB) has approved a US$7.5 million equity investment in Africa Tech Ventures (ATV) to boost operations of highly scalable companies that use technology to innovate in key sectors such as consumer goods, corporate services, education, logistics, energy, fintech, agriculture or healthcare. The equity investment is part of the Boost Africa Investment Program, a joint collaboration between the Bank, the European Commission (EC) and the European Investment Bank … [Read more...]

WFO and FAO join Hands to help Farmers drive Global Agricultural Agenda

The World Farmers' Organisation (WFO) has collaborated with he UN's Food and Agriculture Organization (FAO) to help farmers become the drivers of the global agricultural agenda. The new FAO-WFO agreement will focus on supporting and promoting the key role that farmers and their organizations play in efficient, inclusive and sustainable agriculture and food systems; reducing rural poverty; reaching food and nutrition security; and achieving the 2030 Agenda for Sustainable Development. It … [Read more...]

World Bank funds $500 Million to Bangladesh for Dairy, Livestock Productivity

The funding worth $500 million has been approved by the World Bank  to improve livestock and dairy production in Bangladesh to meet the growing demand for egg, meat and milk and thereby improve the nutritional intake of its citizens. The project aims to provide at least two million people with food safety information through training, mobile applications, and other multimedia tools. The Livestock and Dairy Development Project will improve agricultural productivity and market access of … [Read more...]

European Union grants €50 Million for Structural Reforms in Mali

The European Union and Mali are joining forces to improve security, governance and access to basic services in the country. This additional support of €50 million was formally agreed by the European Commissioner for International Cooperation and Development, and Mali's Minister for Foreign Affairs and International Cooperation, in Nouakchott (Mauritania), on the fringes of the Partner-Donor Coordination Conference organised by the G5 Sahel. European Commissioner, Mimica said, "These extra €50 … [Read more...]

WBG announces $200 Billion to support Climate Action

The World Bank Group has doubled its current 5-year investments to around $200 billion in support for countries to take ambitious climate action. The new plan significantly boosts support for adaptation and resilience, recognizing mounting climate change impacts on lives and livelihoods, especially in the world’s poorest countries. The plan also represents significantly ramped up ambition from the World Bank Group, sending an important signal to the wider global community to do the … [Read more...]

WBG announces Country Partnership Framework to support Liberia’s Development

The World Bank Group (WBG) has announced a six-year Country Partnership Framework (CPF) to support Liberia’s effort to achieve sustainable, resilient pro-poor economic growth and development. The CPF responds to the country’s strategic priorities in its Pro-Poor Agenda for Prosperity and Development strategy and incorporates views from a wide range of stakeholders following consultations held across the country. Liberia has made significant achievements after the restoration of peace and … [Read more...]