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African Development Bank Technologies for African Agriculture Transformation initiative to receive US$27 million for emergency production of 120 million tonnes of food

Jul, 20, 2023 Hi-network.com

The African Development Bank (AFDB) announced an additional US$27.41 million to implement Phase II of its flagship agricultural initiative, Technologies for African Agricultural Transformation (TAAT). The goal is to increase farming households' productivity and incomes by giving them access to climate-resilient technologies in 36 low-income African countries, by 2025. This is in line with the AFDB's US$1.5 billion African Emergency Food Production Facility to avert an impending food crisis exacerbated by the war in Ukraine. In this vein, the TAAT aims to double the productivity of crops, livestock, and fisheries, by making proven technologies available to more than 40 million agricultural producers by 2025.

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