President Gnassingbé and others call for more financing of IFAD projects

Politics
Wednesday, 21 October 2020 16:34
President Gnassingbé and others call for more financing of IFAD projects

(Togo First) - With 9 other African presidents, Togo’s leader Faure Gnassingbé called for a greater financial mobilization for projects carried out by the International Fund for Agricultural Development (IFAD).

In a co-signed letter, the heads of state made the call to make rural communities more dynamic and subsequently protect them against poverty and famine. 

“Now more than ever, it is crucial to invest in the reinforcement of the resilience of rural people, to ensure food security, preserve their livelihoods, make sure that the progress we achieved over the years is not brought to naught and prevent other residents of rural areas from falling into poverty and hunger,” the leaders highlighted.

It should be noted that in Togo, the IFAD, among others, funds the risk-sharing based incentive mechanism for agricultural financing (ProMIFA) and the national project for the promotion of rural entrepreneurship (PNPER).

Séna Akoda

 
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