The European Investment Bank (EIB) and Crédit Agricole du Maroc (CAM) have signed a US$233mn loan agreement to boost support for Moroccan agricultural and bio-economic businesses with a particular focus on sustainable development
Agriculture
Lesotho, IFAD partner to improve livelihoods of most vulnerable small-scale farmers
The United Nations International Fund for Agricultural Development (IFAD) has announced US$62mn in funding to boost food security and nutrition, mitigate the impact of climate change and strengthen livelihoods for 160,000 poor rural households in Lesotho
Ministers commit to strengthening collaboration on food and agriculture
Near East and North Africa (NENA) ministers approved a ministerial declaration that provides the basis for enhanced cooperation across the region to develop sustainable solutions to the most urgent and pressing food and agricultural challenges, aimed at recovering from COVID-19 impacts and transforming food systems
World Bank provides additional support for smallholder farmers in Ethiopia
The World Bank Group has approved a US$80mn grant from the International Development Association to support the government of Ethiopia to boost agricultural productivity and enhance market access for smallholder farmers
Kenyan farmers are struggling, says 60 Decibels' study
Nine out of 10 Kenyan farmers said their financial situation has worsened during the coronavirus pandemic, according to data released by 60 Decibels, a tech-enabled impact measurement company