Senegal - Agricultural Modernization and Intensification Project
Sector: Raw Materials • Location: Senegal
Source: African Development Bank (AfDB)
The Agricultural Modernization and Intensification Project (PMIA) aims in particular to set up an appropriate credit system accessible to farmers and to create an environment conducive to investment. The Project is essentially based on the various policies adopted by the Government of Senegal, which had placed particular emphasis on adapting the granting of credit to the rural context. The aim is
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Status
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Description
Description | The Agricultural Modernization and Intensification Project (PMIA) aims in particular to set up an appropriate credit system accessible to farmers and to create an environment conducive to investment. The Project is essentially based on the various policies adopted by the Government of Senegal, which had placed particular emphasis on adapting the granting of credit to the rural context. The aim is to facilitate the acquisition of inputs by producers, especially those who were not eligible for the traditional banking system (women and poor, unemployed youths), by providing them with the necessary financial resources. The project consists of five components: i) crop intensification on 34,000 ha of land (later revised to 15,000 ha), for cereals (sorghum, rice, millet and rice), legumes (groundnuts and cowpea); ii) horticulture development on 300 ha of land and rehabilitation of 3 schemes for market produce and 350 ha for fruit crops; iii) replacement and modernization of agriculture equipment; iv) support for farm produce processing and marketing; v) and project management. |
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Original Currency | USD |
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Location
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
More Details
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