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[dehai-news] Ifad.org: Eritrea: IFAD Grant of U.S. $17.28 Million to Boost National Food Security in Eritrea

From: Berhane Habtemariam <Berhane.Habtemariam_at_gmx.de_at_dehai.org>
Date: Fri, 14 Dec 2012 17:53:49 +0100

Eritrea: IFAD Grant of U.S. $17.28 Million to Boost National Food Security
in Eritrea


14 December 2012

Press release

Rome - The International Fund for Agricultural Development (IFAD) will
provide a US$17.28 million grant to the State of Eritrea to help improve
livelihoods of smallholder farmers with a particular focus on women in the
country.

The financing agreement for the National Agriculture Project was signed
today by Yohannes Tensue, Alternate Permanent Representative of the State of
Eritrea to IFAD, and Kevin Cleaver, Associate Vice President, IFAD.

The agricultural sector in Eritrea employs nearly 60 per cent of the active
population and contributes 24 per cent to the country's gross domestic
product. Since domestic food production does not meet national demand,
Eritrea must import about half of its food requirement. In addition,
agricultural productivity is generally extremely low and few farmers can
afford to buy fertilizers to improve their production.

The new IFAD supported project will contribute to improve household food
security and alleviate poverty in rural areas of 34 districts of the
country's 6 provinces and in 3 agroecological zones. It also aims to
increase smallholder agricultural production and productivity and reduce the
country's dependence on food imports through the intensification of
irrigated and rainfed crop production, and the provision of fertilizer and
improved seeds to the smallholder farmers.

In addition, the project will promote investment in small livestock for the
very poor people in rural areas with limited access to land and also develop
a system to control the spread of pest and diseases and raise livestock
productivity.

Cofinanced by the government of Eritrea, the project will be implemented by
the Ministry of Agriculture in collaboration with the private sector. About
81,000 poor rural households, including 16,258 women headed households will
directly benefit from the project. Households headed by women will be given
priority in land allocation in new irrigated areas.

Since 1995, with this new project, IFAD will have financed six programmes
and projects in Eritrea for a total investment of approximately $73.1
million benefitting 293,942 households.

 
Received on Fri Dec 14 2012 - 19:31:33 EST
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