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    Global Agriculture Fund Approves Grants for 4 Countries

    By Ivy Mungcal // 10 June 2011

    The Global Agriculture and Food Security Program has announced the four countries that will receive grants under the program’s third funding round: Cambodia, Liberia, Tajikistan and Nepal.

    In Cambodia, the program will provide $39.1 million to support increased diversity and productivity of the country’s agricultural sector, while in Liberia, GAFSP will invest $46.5 million to enhance incomes of poor farmers, particularly women and the youth. Tajikistan will receive $27.9 million, which will be used for food security initiatives, while Nepal’s $46.5 million grant will support efforts to increase agricultural productivity and household incomes as well as raise awareness about health and nutrition.

    With the announcement of the four grants, GAFSP has now awarded funding to 12 countries since 2010. The program was created in April 2010 to reduce poverty and increase agricultural productivity in some of the world’s poorest countries. It has an initial fund of $900 million, which includes contributions from Canada, Spain, South Korea and the Bill & Melinda Gates Foundation, among other donors.

    >> Global Agriculture Fund Taps NGOs in Steering Body

    Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders – emailed to you FREE every business day.

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    About the author

    • Ivy Mungcal

      Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.

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