Training in farming practices and efficient water use will come as part of a $40m program designed to help aid the West African nation recover from civil war.
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The government of Australia will provide A$1m to the Samoa AgriBusiness Support Project, a seven year program launched by the Asian Development Bank in 2015.
The funding will go towards increasing productivity through sustainable practices, ensuring food security, and promoting resilience and climate change mitigation.
Together with other DFIs, the World Bank affiliate will provide training to farmers in the east African nations as part of an effort to strengthen connections with local and international produce markets.
The World Bank’s private sector arm will provide equity and debt as a part of an effort to encourage a shift away from inefficient, environmentally harmful agricultural fertilizers in China.
The Seattle-based global coffee chain is proving $2m to an Inter-American Development Bank program providing loans to female smallholder coffee farmers in the South American nation.
The Albanian subsidiary of Italian bank Intesa Sanpaolo and Romanian bank Raiffeisen are the latest to join the scheme.
The organizations highlighted their own efforts to enhance returns on private agricultural investments and predict a more prominent role for government-led investments in their outlook through 2026.
The Enhanced Smallholder Protection Programme will look to encourage Zambia’s 61,000 smallholder farmers to transition from subsistence to market-oriented agriculture.
Agriculture is among the target sectors for Horizon Capital’s Emerging Europe Fund III, designed to support export industries in Ukraine and Moldova.