Global Agriculture Fund GAFSP Embarks on New Replenishment Model
Ten years after G-20 leaders created the Global Agriculture and Food Security Program to tackle hunger and malnutrition, the fund will hold its first replenishment event next June in Berlin, seeking $1.5 billion.
IFC Invests in Soufflet Ethiopia to Boost Local Malt Production, Support Farmers
IFC, a member of the World Bank Group, and the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP), today announced a €20 million investment in Soufflet Malt Ethiopia to help the company build and operate a malting plant in Ethiopia, supporting local farmers and economic growth.
Helping Producer Organizations Boost Agriculture in Senegal
With support from GAFSP, smallholder family farmers will have the resources they need to improve their livelihoods. This includes access to funds, capacity building, technology, and public-private partnerships.
Technology Helps African Farmers Sell What They Sow
Traditionally, lack of reliable market access for smallholder farmers has impeded the economic development of rural areas because farmers often live far from the wholesale markets, and it is not feasible for them to deliver their produce directly. Highly fragmented systems encourage farmers to navigate through farmer groups or brokers to get their produce to markets. Fluctuating, non-transparent prices are often the result.