Ebolowa. IFAD prepares its 2019-2024 strategy

A results-based strategic option program preparation workshop was held in Ebolowa on November 23rd. A compass guided by the International Fund for Agricultural Development. In partnership with the State of Cameroon, IFAD works to ensure that second-generation agriculture is no longer just a sight of the spirit.

Emmanuel NGOTA

To do so, it is a question of revolutionizing the local processing of agricultural products. What put at stake all the actors of this sector.

Aware of its role in supporting the public authorities, the International Fund for Agricultural Development IFAD wants to set up a new cooperation program for the period 2019-2024 for the benefit of agricultural entrepreneurs.

For IFAD’s Central Africa Director, “we will look to the future by studying the strategic objectives of the new framework for cooperation with investments in the Agriculture and Rural Development sector”.

A new start that the Government of Cameroon welcomes, especially as this UN agency working for the development of rural stakeholders is a privileged partner.

According to Clémentine Ananga Messina the Minister Delegate to the Minister of Agriculture and Rural Development, “this workshop will lay the foundations for a new prospective namely the development of a new platform that will determine new challenges what will allow us to have some sort of logical framework, “she recalls.

In Cameroon, IFAD’s achievements plead in its favor. For the last five years, this institution has injected more than sixty billion FCFA into a dozen projects and programs. Brilliant actions that this international organization wants to improve for the next five years.

Three quarters of the poorest people in the world live in the rural areas of developing countries. Most of them depend on agriculture for their livelihoods. Climate change, a growing global population, and volatile food and energy prices have the potential to push millions more vulnerable people into extreme poverty and hunger by 2030. At the International Fund for Agricultural Development (IFAD) we invest in rural people, empowering them to increase their food security, improve the nutrition of their families and increase their incomes. We help them build resilience, expand their businesses and take charge of their own development. IFAD is an international financial institution and specialized United Nations agency based in Rome, the UN’s food and agriculture hub. Since 1978, we have provided US$18.5 billion in grants and low-interest loans to projects that have reached about 464 million people.

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