Togolese government launches call for proposals to finance innovative projects under PASA

Agriculture
Thursday, 10 May 2018 16:55
Togolese government launches call for proposals to finance innovative projects under PASA

(Togo First) - Government just launched call for proposals to finance innovative projects in agricultural sector. This falls under the Agriculture Support Project (PASA) which is part of the National Investment Programme for Agriculture, Food and Nutritional Security (PNIASAN).

PASA will be sponsored by the productive subproject competitive fund (FCSPP) which is one of the financial tool, alongside subsidies and a guarantee fund, developed to boost producers’ results in the crop, animal and fishery sectors.

Projects that will be selected under the call for proposals would have to “prove innovative and able to boost output, sanitary and commercial quality, processing, and added-value of Togolese agricultural products. They must also be interesting and profitable for local SMEs and SMIs”.  

According to the document, eligible proposals would focus on diversification and processing of subsistence and export crops. Sub-projects selected will be financed over 12 months however subsidy will not exceed CFA3.5 million per project. 

Agriculture in 2017 contributed 38% of Togo’s GDP. It employs nearly 70% of the country’s active population.

Séna Akoda

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