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Farmers make up more than three quarters of Nepal’s population. Yet the agricultural sector accounts for only a third of the country’s GDP, and many rural communities are experiencing extreme poverty. The Nepal Agriculture Food Security Project aimed to improve food security and nutrition in rural Nepal by increasing food production, promoting nutritious diets and supporting communities to cope with the impacts of climate change.
Increasing smallholder farmers' access to capital and markets is one of the best ways to fight rural poverty. IFC, a member of the World Bank Group, outlines its private sector solutions in this three-minute video.
IFC and the private sector window of the Global Agriculture and Food Security Program (GAFSP) will invest $5 million each in Root Capital to help expand access to working capital and markets for 300,000 farmers over the next four years.
As fluctuations in food prices continue, a World Bank program known as GAFSP focuses on bolstering agriculture and increasing output.
This project is the Karongi district of Rwanda.
Agriculture represents 25% of Haiti's economy, down from 45% just a decade ago. The country, still recovering from a massive quake two years ago, is now using a grant from the Global Agriculture and Food Security Program to improve food security and agriculture incomes for Haitians.
Global Agriculture and Food Security Program Announces New Round of Grants to Fight Hunger and Poverty
Six Countries to receive $177 Million to increase Incomes, and improve food security.
At the Camp David Summit, G-8 and African leaders will commit to the New Alliance for Food Security and Nutrition, the next phase of our shared commitment to achieving global food security.
IFC and the Netherlands today signed an agreement, formalizing a €100 million contribution by the government to the Private Sector Window of the Global Agriculture and Food Security Program, to strengthen investment in food security in emerging market countries.
IFC is providing a $15 million loan to Natore Agro, a subsidiary of food processing group PRAN, to expand production capacity, create 1,800 rural jobs and integrate small farmers into retail supply chains.
Summary of the PNIASA project in Togo.
Présentation globale du PNIASA et des domaines d'intervention des 3 premiers projets qui ont été élaborés pour soutenir sa mise en oeuvre. Il s'agit (i) du Projet d'Appui au Développement Agricole du Togo (PADAT) ; (ii) du Projet d'Appui au Secteur Agricole (PASA) ; et (iii) du Programme de Productivité Agricole en Afrique de l'Ouest (PPAAO-Togo). Ces trois projets ont mobilisé un financement total de 112,5 millions de dollars auprès des bailleurs, y compris: la Banque mondiale; le FIDA; la BOAD; la BIDC, et des fonds fiduciaires internationaux tels que le GAFSP, et le GFRP.