Afdb plans 120 million to boost cassava production
It seems like you're referring to a news article or press release about the African Development Bank (AfDB) planning to invest $120 million to boost cassava production in Africa.
Cassava is a staple crop in many African countries, and it's great to see efforts being made to improve its production and productivity. Here's a summary of the article:
Title: African Development Bank to invest $120 million to boost cassava production
Summary: The African Development Bank (AfDB) has announced plans to invest $120 million to boost cassava production in Africa. The project aims to increase cassava yields, improve processing and marketing, and enhance the livelihoods of smallholder farmers. The investment will focus on developing sustainable cassava value chains, improving agricultural practices, and promoting the use of technology to enhance productivity.
Key highlights:
- Increased yields: The project aims to increase cassava yields by 20% through the use of improved seeds, fertilizers, and pest management practices.
- Improved processing: The investment will focus on developing modern processing facilities to convert cassava into high-value products such as starch, glucose, and ethanol.
- Marketing and trade: The project will enhance marketing and trade opportunities for cassava farmers, processors, and traders, both locally and internationally.
- Smallholder farmer support: The investment will prioritize the needs of smallholder farmers, providing them with training, credit, and other support services to improve their productivity and income.
- Technology adoption: The project will promote the use of technology, such as precision agriculture, to enhance cassava production and reduce post-harvest losses.
Impact: The project is expected to have a significant impact on the cassava sector in Africa, improving the livelihoods of millions of smallholder farmers, and contributing to food security, economic growth, and poverty reduction.
I hope this summary is helpful!