ADDIS ABABA, 16th August, 2023 (WAM) – The African Development Bank Group (AfDB) has awarded grant funding totalling $84.3 million to Ethiopia to advance wheat production and increase farmers’ incomes. Ethiopia’s Finance Minister Ahmed Shide and AfDB Deputy Director General for East Africa, Abdul Kamara, signed the grant agreement for the implementation of the country’s Climate Resilient Wheat Value Chain Development Project (CREW). The project has three components: Climate Smart Wheat Productivity and Production; Market Infrastructure, Linkages, and Agri-Finance; and Project Coordination and Management. Under its flagship Technologies for African Agricultural Transformation (TAAT) initiative, the African Development Bank Group has supported Ethiopia and several other countries across the continent to boost productivity in agriculture. Ethiopia is the second largest wheat producer in sub-Saharan Africa, after South Africa.

Source: Ethiopian News August 16, 2023 18:39 UTC