Tag: Burundi

East Africa’s rice sector slated for growth following collaboration among industry players

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EAST AFRICA – Rice demand in East Africa has been on the rise in the recent years, triggered by changing consumer preferences, urbanization, diminishing productivity of regional staples such as maize, and population growth. All the East Africa nations have the capability of producing rice but its local out-put is far below local demand, making the countries turn to imports from India, Pakistan, Thailand, United States and China in a bid to meet the balance. According to reports by USDA, Kenya’s rice production is estimated at 159,000 Metric Tonnes (MT)…

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Kerry, World Food Programme partner to improve milk value chain in Burundi

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BURUNDI – Kerry, one of the world’s leading taste and nutrition company has partnered with the United Nations World Food Programme to launch Project Amata in Burundi, aimed to enhance the production and availability of safe, sustainable milk for children and communities. The project will be supported by a direct financial contribution of US$750,000 from the Irish company, aimed to improve food security and nutrition by strengthening the milk value chain. Over the course of the three-year programme, Kerry experts and WFP staff will work together with farmers and the…

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OPEC Fund gives Burundi US$20m loan to strengthen food security

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 BURUNDI – The OPEC Fund for International Development (OFID) has signed a US$20 million public sector loan agreement with Burundi to co-finance a project that will improve food security, expand access to marketplaces and social services, and strengthen the resilience of agricultural production systems. The project, ‘Agricultural Production Intensification and Vulnerability Reduction Project in Burundi’, is co-financed by the government of Burundi, the International Fund for Agricultural Development, and the World Food Programme. It supports Sustainable Development Goal (SDG) 1, which aims to end poverty in all its forms; and…

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AfDB grants Burundi US$20m to support farmers mitigate climate change

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BURUNDI – The African Development Bank (AfDB) has granted Burundi US$20.55 million to support farmers affected by climate change phenomenon. The project to support the sustainable development of agriculture and livestock value chains in Burundi (PADCAE-B) is expected to start soon after the initiative receives the slated funding. Part of the financing amounting to US$12.83 million, comes from the African Development Fund (ADF), the concessional window of the AfDB while the rest of the package, US$7.72 million, comes from Pillar 1 of the Transition Support Facility (TSF), the bank’s financing…

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EU promotes sustainable fisheries for blue economy in the Lake Victoria region

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EAST AFRICA – The European Union has injected £2m (US$2.2m) into the European Union Development Fund’s E€OFISH programme initiated in the Lake Victoria region to boost sustainable fisheries for the blue economy. The overall objective of the program is to enhance equitable economic growth by promoting sustainable fisheries in the Eastern and Southern Africa and Indian Ocean regions. The programme to be implemented under the Lake Victoria Fisheries Organization (LVFO), has been endorsed by the First E€OFISH Regional Programme Steering Committee (PSC). Member states in the LVFO programme are Tanzania,…

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