The Comprehensive Africa Agriculture Development Programme (CAADP) has received a major boost as several countries have been drawing on funds from a $22-billion pledge made by the G8 under the Global Agriculture and Food Security Programme over the past year. There are conditions attached to how countries can access these funds, for example, a country needs to have gone through the CAADP process, which includes designing a national investment plan that contains detailed and fully-costed programmes and signing a CAADP compact. Under CAADP, African governments are committed to increasing their national budget expenditure on agriculture to at least 10%. Read more here.
Funding for African agriculture starts to flow
September 30, 2010 by idasa
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