African Development Bank supports Guinea’s honey value chain with US$642K grant

GUINEA – The African Development Bank has partnered with the Republic of Guinea to improve honey production, build the competitiveness of the value chain and increase farmer’s income. Under the project AfDB has issued a grant of C$ 846,360 (US$642K) through the African Trade Fund (AfTa), which represents 86.8% of the total cost of the initiative, with a counterpart of C$122,550 (US$93K) coming from the beneficiaries. The funding, according to AfDB will be channelled through the Peanut, Shea and Honey Production Cooperative (COPRAKAM), which has 1,500 members in the honey…

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