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Togo - Agro-Food Processing Project (PTA-TOGO) - Additional Financing

Sector: Raw Materials • Location: Togo

Source: African Development Bank (AfDB)

Project

The proposed operation concerning a UA 4 million grant of additional funding from the Nigeria Trust Fund (NTF) under the Togo Agro-Food Processing Project (PTA-Togo). PTA-Togo being a pilot project implemented as part of the Togo AgropolesStrategic Development Plan 2017-2030and the Feed Africa Initiative 2016-2025. This NTF additional financing should allow for the development of part of the

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The project “Togo - Agro-Food Processing Project (PTA-TOGO) - Additional Financing” is an infrastructure initiative in the Raw Materials sector, located in Togo. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

The proposed operation concerning a UA 4 million grant of additional funding from the Nigeria Trust Fund (NTF) under the Togo Agro-Food Processing Project (PTA-Togo). PTA-Togo being a pilot project implemented as part of the Togo AgropolesStrategic Development Plan 2017-2030and the Feed Africa Initiative 2016-2025. This NTF additional financing should allow for the development of part of the irrigated areas (for sustainable increase in agricultural productivity) and also helps to guarantee access to drinking water for households and small and medium-sized enterprises (SMEs) located in village centres, particularly those involved in the processing of agricultural products and related service delivery. It is, therefore,intended to finance the implementation of these two essential components that would increase the resilience of agro-pastoral production systems and boost agricultural processing capacities to ensure the achievement of the project’s expected outcomes. The implementation of activities financed from the NTF loan will run from April 2019 to 31 December 2023.

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Source reliability

High

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100%

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