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USAID launches US$20m agriculture Dev. initiative

Moses K.Garzeawu (mokgeta@yahoo.com):886-266-008
A demonstration  on  some  of  the project's activities
A demonstration on some of the project's activities

Monrovia, Liberia - A five-year Agriculture development initiative, worth about 20 million United States dollars, has been launched in Liberia by the United States Agency for International Development (USAID).

The USAID Feed the Future, Liberia Agribusiness Development Activity (LADA) is expected to increase private sector investment in the Liberian agribusiness sector.

The project was launched Wednesday, April 13, 2016 at a local hotel in Monrovia.

Speaking at the launch, USAID Mission Director, Anthony Chan, said: “The project is intended to enhance the role of agriculture in fostering development and poverty reduction in Liberia.”

“USAID decided to focus on Agriculture to reduced poverty in Liberia, because most of the country’s poor depend on agriculture, or agriculture-related activities to make their living,” Dr. Chan also said.

He noted that the United States Feed the Future initiative was designed to achieve the goals of inclusive agriculture growth and to improve nutritional statues for all Liberians.

Officially launching the project, Deputy Agriculture Minister for Regional Development, Research and Extension, Thomas Gbokie, emphasized that the project will help developed new sources of private-sector development in the agriculture sector.

Minister Gbokie said: “The project comes in the face of the decline in Liberia’s primary export commodity, rubber, on the world market and the impact of the global financial meltdown, coupled with the country’s ravaging health crisis.”

Cultivating New Frontiers in Agriculture (CNFA) will implement the project in Liberia.

CNFA Chief of Party, Daniel Gies, emphasized: “The project will welcome innovative proposers from famers and cooperatives to improve the local agribusiness sector.”

Mr. Gies also said selected banking institutions will be funded to provide famers loans to support the projects.

 


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