World Bank and Ghana join forces to combat carbon emissions in cocoa producing regions

GHANA – The World Bank and Ghana have agreed to work together in a five-year programme that seeks to reduce carbon emission and promote climate-smart cocoa production. The five-year Emission Reductions Payment Agreement (ERPA) under […]

NIRSAL to raise US$391m to support Nigeria’s agriculture financing in six states

NIGERIA – The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) is set to raise over US$391.03 million (N140 billion) to finance agriculture in six states across the country over the next three years. An […]

World Bank, India commit to support food security efforts in Kenya

KENYA – The World Bank and India have promised to help Kenya adopt new agricultural technology to boost food production and cut reliance on imports. Ashok Dalwal, chief executive officer in the Ministry of Agriculture […]

Tanzania launches 12-year plan to boost rice supply in East Africa

TANZANIA – The government of Tanzania in partnership with the World Bank, Japan International Co-operation Agency (JICA) and the Africa Development Bank (AfDB) has launched a 12-year plan that seeks to boost rice production. Dubbed […]

Malawi secures US$83.76m from World Bank Loan to commercialize agric sector

MALAWI – The government of Malawi has secured a US$83.76 million (K61bn) credit facility from the World Bank as it seeks to commercialize the country’s agriculture sector through the Agricultural Commercialization (AGCOM) Project. According to […]

World Bank pumps US$7.93m in establishing abattoirs to boost livestock sector in Kenya

KENYA – The World Bank will inject US$7.93 million (Sh800 million) in establishing abattoirs across major pastoralism areas in Kenya in a bid to promote the local and export market for livestock products. Harry Kimutai, […]

World Bank launches agri-tech platform to boost agriculture sector in Kenya

KENYA – The World Bank has launched a digital agriculture technologies innovation platform in Kenya that seeks to boost agriculture sector by providing solutions around productivity, market access, financial inclusion and information to farmers. The […]

World Bank pumps US$95m to transform Malawi’s agricultural sector

MALAWI – Malawi’sagricultural sector is set to receive US$95 million from the World Bank through a six-year Agricultural Commercialization (AGCOM) Project that seeks to transform the sector into a high productive commercial division. Malawi News […]

World Bank launches US$25m project to support Liberian farmers

LIBERIA –  The world bank has approved a US$25 million International Development Association (IDA) credit set to benefit over 17,500 smallholder farmers through Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P) of Liberia. The Daily […]