Audio By Carbonatix
The World Bank Board of Directors has approved an additional financing for the second phase of the West Africa Food System Resilience Program (FSRP), aimed to help Ghana strengthen its capacities to address food insecurity and build resilient food systems.
The $125.94 million financing -- funded by a combination of International Development Association (IDA) credit, and a grant from the Food Systems 2030 Multi Door Trust Fund -- will help to replenish resources diverted to support farmers affected by floods and drought and to enhance sustainable intensification of tomato production.
Most specifically, the financing will support digital advisory services aimed at enhancing agricultural and food crisis management through improved access to data on weather patterns, nutrition, and food security, as well as better pest and disease monitoring. It will also invest in building the sustainability and adaptive capacity of the food system’s productive base, promoting environmentally sound agricultural practices to strengthen resilience to environmental and economic disruptions.
Additionally, the program will facilitate regional food market integration and trade to improve food security across borders.
“This additional financing is provided to help Ghana recover from the economic and environmental shocks, while restoring funding for long-term investments needed to strengthen agricultural resilience and reduce vulnerability to future disruptions,” said Abel Lufafa, Practice Manager for Agriculture and Food Security at the World Bank. “It is part of a broader effort to address the rapidly deteriorating food security situation in West and Central Africa.”
The FSRP launched in 2022 to address food insecurity and strengthen food system resilience in West Africa. It currently involves eight countries (Burkina Faso, Chad, Ghana, Mali, Niger, Senegal, Sierra Leone, Togo), as well as the Economic Community of West African States (ECOWAS), the Permanent Interstate Committee for Drought Control in the Sahel (CILSS), and the West and Central African Council for Agricultural Research (CORAF). The additional financing brings the overall FSRP financing to a total of $1,170 billion.
Latest Stories
-
Anthony Joshua declines showdown with Tyson Fury but admits they ‘probably’ clash next
9 minutes -
Tyson Fury dominates Makhmudov, calls out Joshua next
29 minutes -
I have supported highway authority financially to fix roads in my constituency – A PlusÂ
2 hours -
US, Iran fail to reach peace agreement after marathon talks in Pakistan
2 hours -
ECG kicks off Phase Two of transformer upgrades at Lashibi; brief outages expected
3 hours -
Port crises loom as 11,000 drivers threaten four-day strike
3 hours -
A source of excellence across generations – Vice President Opoku-Agyemang lauds Mfantsipim
4 hours -
(Photos) Mfantsipim School launches historic 150th anniversary
5 hours -
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
6 hours -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
6 hours -
Monetise Idiocy In Ghana
6 hours -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
7 hours -
Nearly 400 sentenced in Nigeria for links to militant Islamists
7 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
7 hours -
Methodist Church hails Mfantsipim@150; calls for “fresh consecration” to excellence
8 hours