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Ghana, Chad, and Sierra Leone to receive support from World Bank

According to Central Africa, the new funding will help to improve the efficacy of managing and preventing food and agricultural crises and building capacities for coping with climatic unpredictability and change.

Additionally, it will increase the productive base of the food system’s adaptability and sustainability, support the integration of the regional food market by connecting the recipient nations, strengthening the establishment of strategic regional value chains, and consolidating their food reserve systems.

In order to combat food insecurity in the region, the WB Vice-President stated that “facilitating the movement of agricultural goods and inputs within and across national borders in West Africa is a vital factor.”

According to Boutheina Guermazi, WB Director for Regional Integration for Sub-Saharan Africa, the Middle East, and Northern Africa, the inclusion of Ghana, Chad, and Sierra Leone as well as the approval of FSRP-2 expands the effects of regional activities as well as specific spillover effects from regional activities.

“We are keen for this cutting-edge approach to spread as much as possible throughout West Africa. The multi-phase FRSP program now includes $645 million in IDA (instead of the $570 million that was previously approved in November 2021) thanks to FSRP-2.

According to ECOWAS Economic Affairs and Agriculture Commissioner Ms. Massandjé Toure-Litse, there have been “many shocks, driven by climate change and environmental degradation, vulnerabilities in the food markets, conflicts, and insecurity.”

She claimed that the effects of COVID-19 and the conflict in Russia and Ukraine have made food insecurity and inflation in West Africa even worse.

The FSRP-2, according to Ms. Toure-Litse, “further increases cooperation across the ECOWAS region to ensure food security, today and into the future.”

A second phase of the West Africa regional Food Systems Resilience Program (FSRP-2) will benefit an additional two million people, with funding from the International Development Association (IDA) totaling $315 million.

With the help of FSRP-2, Ghana, Chad, and Sierra Leone will be better equipped to combat food insecurity and strengthen the resilience of their food systems.

According to a WB statement provided to the Communication for Development and Advocacy Consult (CDA Consult) in Tema, this comes at a time when it is anticipated that 38.3 million people in West Africa are experiencing a food security crisis.

More than 400,000 actors in the food system will have access to hydrological and agrometeorological advisory services, and nearly 500,000 farmers are anticipated to adopt climate-smart agricultural practices as a result of FSRP-2. Together, these three initiatives will reduce the number of people who are food insecure by 25% across the targeted areas in the three countries.

According to the WB study, integrated landscape management methods will benefit roughly 12,000 hectares of land, and intra-regional traded productions in a few value chains will rise by 30%.

The program’s first phase (FSRP-1) received approval for $330 million in November 2021, and it was officially begun in June 2022 with participation from Burkina Faso, Mali, Niger, and Togo.

The Permanent Interstate Committee for Drought Control in the Sahel, the West and Central Africa Council for Agriculture Research and Development, and ECOWAS were also participating.

It aimed to conduct a comprehensive program to boost intraregional value chains and commerce, raise agricultural productivity, and develop regional capacity to manage agricultural risk.

In West Africa, it is anticipated that FSRP-1 and FSRP-2 will benefit a combined 4.35 million direct beneficiaries (farmers included), with a particular emphasis on women and young people.

The International Development Association (IDA) was founded in 1960 to assist the world’s poorest nations by giving grants and low-interest loans for projects and programs that foster economic growth, combat poverty, and enhance the lives of the underprivileged.

39 of the world’s 77 poorest nations are in Africa, and IDA is one of their main sources of aid. Resources from IDA help the 1.5 billion people who reside in IDA member nations.

113 nations have benefited from IDA financing since its founding in 1960. Over the past three years, annual commitments have averaged around $18 billion, with around 54% going to Africa.

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