LEVERAGING INVESTMENTS TO INCREASE ACCESS TO FERTILIZER UTILISATION BY SMALLHOLDER FARMERS
- Reference: P-Z1-AAZ-051
- Approval date: 22/03/2018
- Start date: 22/03/2019
- Appraisal Date: 15/01/2018
- Status: ApprovedAPVD
- Implementing Agency: AFRICAN FERTILIZER AND AGRIBUSINESS PARTNERSHIP
- Location: Multinational
The Project objectives are to expand the supply and distribution of fertilizer (+ 200,000 MT) by leveraging investments. The grantee is the African Fertilizer and Agribusiness Partnership (AFAP). AFAP
Convened in Abuja in June 2006, the Abuja Declaration on Fertilizers delineated key actions and measures to be taken at the country and regional levels to rapidly increase accessibility, availability and incentives to use fertilizers by smallholder farmers in Africa. It called for the establishment of the African Fertilizer Financing Mechanism (AFFM) by the African Development Bank to principally finance the interventions AFAP is an innovative initiative that was also established in response to the Abuja Declaration on Fertilizers. AFAP is a partnership between a number of African and international development partners with the goal of increasing private sector participation and investment (both financial and technical) in order to increase the supply of affordable fertilizer to smallholder farmers.
Given the common vision of AFFM and AFAP, these initiatives can complement each other by ensuring that each takes leadership in rolling out only those core programs in which it has a comparative advantage, thereby increasing the potential for more sustained development results. In this regard, drawing on the AFDB
The target beneficiaries are the (2 to 4) Fertilizer Production or Blending Facilities, (10) Joint Ventures and (10) Hub agro-input dealer networks to serve smallholder farmers and (1000) youth and women with jobs in the agribusiness sector. AFAP will facilitate the creation of at least 1,000 jobs for youth and women via those supporting business units to the market-oriented hub agro- input dealers.
AFAP will target companies, which will be seeking funding ranging from US$10- 40 million. Those companies will fall into one or several of the following categories:
AFUN-OGIDAN Olukemi Dolly - AHFR0