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AFFM - Baseline Study - Executive Summary
The Africa Fertilizer Financing Mechanism (AFFM), a special fund administered by the African Development Bank, was created for the purpose of improving agricultural productivity through an increase of fertilizer use in Africa. Improving crop productivity will directly benefit broader economic growth, as well as improve food security and responsible management of natural resources. AFFM and the Bank are uniquely positioned to support the growth of fertilizer use in Africa, particularly as fertilizer is a capital-intensive product that requires dedicated financial resources.