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World Bank approves IDA credits US$45 mn in support of WAAPP
30 Mar '07
2 min read
The World Bank Board of Executive Directors approves three International Development Association (IDA) credits of a total US$45 million equivalent in support of the first phase of the West Africa Agricultural Productivity Program (WAAPP) in three West African countries: Ghana, Mali and Senegal.
The three approved IDA credits will provide the Republic of Ghana with US$15 million equivalent, the Republic of Senegal with US$15 million equivalent, and the Republic of Mali with US$15 million equivalent to generate and disseminate improved agricultural technology in these countries' top priority areas that are aligned with regional priorities, as identified by the West and Central African Council for Agricultural Research (WECARD/CORAF). The three countries have committed to provide part of the credit proceeds for a total of US$3 million equivalent to CORAF to help coordinate the regional project.
The West Africa Agricultural Productivity Program (WAAPP) will generate and disseminate improved technologies in the participating countries focusing on roots and tubers in Ghana, rice in Mali and cereals in Senegal.
“The WAAPP will mainly focus on making agriculture more productive and sustainable and promote regional integration initiatives in the agricultural sector. It reflects the Bank's commitment to Africa's regional cooperation in agriculture and will be one of the Bank's key contributions to the implementation of broadly supported agricultural strategies Africa-wide,” said Mark Tomlinson, Director of the Regional Integration Department.
The three approved IDA credits will provide the Republic of Ghana with US$15 million equivalent, the Republic of Senegal with US$15 million equivalent, and the Republic of Mali with US$15 million equivalent to generate and disseminate improved agricultural technology in these countries' top priority areas that are aligned with regional priorities, as identified by the West and Central African Council for Agricultural Research (WECARD/CORAF). The three countries have committed to provide part of the credit proceeds for a total of US$3 million equivalent to CORAF to help coordinate the regional project.
The West Africa Agricultural Productivity Program (WAAPP) will generate and disseminate improved technologies in the participating countries focusing on roots and tubers in Ghana, rice in Mali and cereals in Senegal.
“The WAAPP will mainly focus on making agriculture more productive and sustainable and promote regional integration initiatives in the agricultural sector. It reflects the Bank's commitment to Africa's regional cooperation in agriculture and will be one of the Bank's key contributions to the implementation of broadly supported agricultural strategies Africa-wide,” said Mark Tomlinson, Director of the Regional Integration Department.
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