ZAMBIA TO BENEFIT FROM $10 BILLION AFDB AGRICULTURE PROGRAM

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Africa Development Bank

ZAMBIA TO BENEFIT FROM $10 BILLION AFDB AGRICULTURE PROGRAM

The Africa Development Bank AfDB has announced a $10b support for Food and Agriculture deliverable Compacts in Africa.

Zambia will benefit from the $10b AfDB support through the Food and Agriculture deliverable Compact it is undertaking that focuses on increasing Wheat, Maize and Soya bean production.

AfDB Group President AKINWUMI ADESINA says the $10b direct support to Food and Agriculture Deliverable Compacts will be for the period of five years.

Dr ADESINA announced the AfDB Compact Funding during the official opening of the Dakar 2 Summit in Senegal.

President HAKAINDE HICHILEMA is among several African Heads of State and governments attending the summit.

Earlier, Senegalese President MACKY SALL told the delegates that the 2023 Dakar 2 Summit is a game changer for agriculture production across Africa as it is consolidating action for meeting targets.

The AfDB and partners are leading efforts of encouraging counties in Africa to increase Agriculture production to enable the continent achieve food sufficiency.

CREDIT: ZNBC

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