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Global Agriculture and Food Security Program secures $21 million in funding for smallholder farmers across Rwanda through its new financing window.

Sep 05, 20263 days ago
RwandaAgriculture and Farming

Description

The Global Agriculture and Food Security Program (GAFSP) announced a $21 million funding allocation to support smallholder farmers in Rwanda. This funding includes a $6 million allocation from GAFSP and additional financing from IFAD and private partners. It aims to strengthen approximately 215 farmers organizations and benefit over 35,000 smallholder farmers. The project targets key agricultural value chains including maize, rice, cassava, dairy, and horticulture.

Company Information

Company

Global Agriculture and Food Security Program

Location

Rwanda

About

The Global Agriculture and Food Security Program (GAFSP) is a multilateral partnership and financing platform focused on strengthening food security in low-income countries. It leverages finance from various sources to provide support for smallholder farmers, agribusinesses, and producer groups. Through innovative financing solutions, GAFSP aims to alleviate barriers faced by those in the agri-food sector, particularly in accessing capital. The program significantly contributes to enhancing agricultural value chains and empowering vulnerable populations, including women and youth.

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