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The International Fund for Agricultural Development (IFAD) is to lend Cote d’Ivoire US $11.17 million for a project expected to benefit some 65,000 farmers whose plots range in size from 1 to 15 ha, IFAD reported.
Under an agreement signed on 9 June in Rome by IFAD and Ivoirian representatives, IFAD will also give Cote d’Ivoire US $67,500 to facilitate project start-up. The Ivoirian government and the beneficiaries will contribute the rest of the US $14.02 million which the Small Horticultural Producer Support Project will cost.
The project will focus on small-scale irrigation for horticultural or food crop production in the Bandama Valley in the centre of the country and the savannah zone in the north.
Since 1984, IFAD has financed seven development projects in Côte d’Ivoire through loans totaling US $67 million.
This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions