Ahmed Mohamed Ali, president of the bank, said: “The amount is allocated exclusively for the development of agriculture, livestock and water supplies in the rural areas of Cameroon, Chad, Uganda, Benin, Burkina Faso, Mali, Niger, Mauritania and Togo.
- An important intervention of the five-year Special Program for the Development of Africa (SPDA) is in improving crop productivity of small farms in Sub-Saharan Africa, under which IDB provided $ 58.5 million for improvement of crop cultivation in small farms in Benin, Burkina Faso, Cameron, Mali and Niger.
- The bank also approved $ 52.4 million for a livestock and fisheries project in the northwestern region of Cameroon. It gave $ 40 million for the rice value chain development project in the plain of Chari-Lagone in Chad.
- Other recent IDB financing to support the agriculture sector include: $ 30 million for increased rice production in Uganda, $ 47.2 million for Dhar rural water supply project in Mauritania, $ 21 million for phase two of the integrated rural development project in the District of Kita, $ 2 million for the Millennium Villages Program in Mali and $ 12 million for a rural water supply project in Togo.