Mauritania to gain US$21mn IFAD grant to boost food security, nutrition and reduce rural poverty

Ministru prezidents4074538651Michel Mordasini, Vice-President of IFAD. (Image source: State Chancellery of Latvia/Commons)285,600 Mauritanian farmers will benefit from the International Fund for Agricultural Development (IFAD) agreement that was signed on 12 January 

The agreement for the Inclusive Value Chain Development Project (PRODEFI) was signed in Rome by Michel Mordasini, Vice-President of IFAD and Mariem Aouffa, Ambassador of Mauritania to Italy and Permanent Representative to Rome-based United Nations agencies.

The total cost of the project is US$45.2mn of which IFAD is providing a US$21mn grant including US$6mn grant from the Adaptation for Smallholder Agriculture Programme (ASAP) Trust Fund. It is co-financed by the national private sector (US$2mn), the Government of Mauritania (US$5mn) and by the beneficiaries themselves (US$2.2mn). The remaining US$15mn will be covered by other financing sources or by the next IFAD financing cycle for Mauritania (2019-2021).

“PRODEFI will build upon and replicate IFAD’s experience in Mauritania and elsewhere in the sub-region by adopting a poverty reduction approach based on supporting inclusive production, transformation and marketing systems,” said Philippe Rémy, IFAD Country Programme Manager for Mauritania. “In addition, it will reduce the country’s dependence on food imports, create jobs and increase the incomes of rural households, especially women and youth,” he added.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?