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AFFM - Boosting access to fertilizers through innovative financing solutions
The Africa Fertilizer Financing Mechanism (AFFM) is a special fund housed at the African Development Bank. The Mechanism was established during the conference for the African Green Revolution Forum in June 2006 in Abuja, Nigeria. During the Conference, African Union Ministers of Agriculture charged the African Development Bank with the responsibility of establishing and managing the Mechanism. Aware of the urgent need to end hunger, the African Union Member States committed to increasing the agricultural use of fertilizer to an average of at least 50 kilograms per hectare.