Mali: $ 72 Million World Bank Support for Agriculture Sector

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Mali has just received approval from the World Bank for $ 172 million (more than 86 billion CFA francs) to improve its agricultural productivity through the International Development Association (IDA).

Technically, the financed project (dryland development project in Mali) will allow, for the benefit of the country, direct cash transfers and production aids, the supply of agricultural inputs, services and infrastructure, but also, facilitate access to support for community and national institutions and protect at least 20,000 households living in some of the poorest areas of the country.

“These projects, which have just been approved by the Executive Board, will help the country to accelerate poverty reduction, improving the sources of income and reducing the vulnerability of some of the poorest families,” he said. commented Soukeyna Kane, director of operations of the World Bank for Mali.

He added that these projects will have to support the improvement of agricultural productivity and the resilience of targeted rural populations, especially women.

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