The Gambia: World Bank Approves $68M in Smart Agriculture Financing

Country: Gambia
The Gambia: World Bank Approves $68M in Smart Agriculture Financing
13 May 2024

The World Bank has approved $68 million in additional financing for The Gambia Inclusive and Resilient Agricultural Value Chain Development (GIRAV) project, with $10 million backed by the Crisis Response Window from the International Development Association. This funding aims to promote inclusive, resilient, and competitive agricultural value chains, focusing on smallholder farmers and agribusiness to enhance food security through climate-smart solutions. With an emphasis on improving water and land availability for climate-resilient agriculture, the project will double the number of beneficiaries in The Gambia's agriculture sector from 100,000 to 200,000 farmers. By addressing critical needs such as replenishing diverted resources, enhancing rural infrastructure, and advancing land administration, especially for female farmers, GIRAV aligns with the Gambian government's vision and objectives for the agricultural sector. Through capacity building, training programs, and access to financial resources, the project seeks to empower marginalized groups and promote gender equality within the agricultural sector, while mobilizing technologies and innovations to facilitate the transition from subsistence to commercial-oriented agriculture in The Gambia.

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