AfDB Grants U.S.$ 63m to Consultative Group On International Agricultural Research to Improve Africa's Strategic Crops

19 March 2012
Content from a Premium Partner
African Development Bank (Abidjan)
press release

On 12 March 2012, the African Development Bank (AfDB) Group and the International Institute of Tropical Agriculture (IITA) signed a grant agreement for USD 63million to fund a multinational project titled "Support to Agricultural Research for Development of Strategic Crops in Africa (SARD-SC), and the IITA.

The aim of the grant from the African Development Fund, the AfDB Group concessional or 'soft loan' arm is to develop the value chains of four of the six strategic crops : rice, cassava, maize and wheat. They were defined by the Comprehensive African Agricultural Development Programme (CAADP) in Africa.

The project will be implemented by three Africa-based centres of the Multinational Consultative Group on International Agricultural Research (CGIAR). These are Africa Rice Centre (AfricaRice), the International Centre for Agricultural Research in the Dry Areas (ICARDA).

The five-year multinational project is expected to contribute towards addressing the current shortfall in food supply on the continent.

This project comes at a time when food security and nutrition are high on the international and national agenda of African countries, as rising food prices push millions of people into extreme poverty. It allows, for the first time, in a single project, Africa-wide coverage of efforts to tackle food security challenges.

The project's specific objective is to enhance the productivity and income from these four value chains on a sustainable basis. The project has four components: agricultural technologies and innovations generation; agricultural technologies and innovations dissemination; capacity building; and project management.

The key project outcomes are: (i) 20 percent yield increase in cassava, maize, rice and wheat; (ii) a 60 percent increase in the average annual household cash income of USD 370; and (iii) a 20 percent increase in food security to 84 percent at the end of the project's five-year cycle.

The project of the Multinational Consultative Group on International Agricultural Research was signed by Abdirahman Beileh, acting director of the department of operations in agriculture at the AfDB, and Nteranya Sanginga, the IITA's Director General.

Contacts

Penelope Pontet de Fouquieres

Read the original article on African Development Bank (AfDB).

Tagged:
Copyright © 2012 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.