Togo : ProMifa has been officially launched

Agriculture

Monday, 08 July 2019 12:01

Togo : ProMifa has been officially launched

(Togo First) - Last Friday, the Mifa support project (ProMifa) was officially launched in Lomé by the minister of agriculture, Noël Bataka (photo).

ProMifa is co-financed by the International Fund for Agricultural Development (IFAD), the Togolese government, private sector and its beneficiaries themselves. A total of $35 million (XOF20.24 billion) was mobilized for the project which is to last six years.

According to Aristide Agbossoumonde, Director General of Mifa, ProMifa aims at “providing organized and dynamic actors of the agricultural chains of value, sustainable access to market and both financial and non-financial services.”

In effect, the project will focus on three axes: first, it will provide technical support for agro-pastoral development and access to the market; the second relates to financial support and last is support for the project’s management and coordination.

Overall, ProMifa is to directly benefit 300,000 beneficiaries from rural exploitation areas, professional associations and small enterprises. Women and children will get particular attention under the project, said Martin Lisandro, IFAD’s director for West and Central Africa.

“This launch is a major step for relations between Togo and IFAD and it paves the way for a more efficient, flexible and durable partnership,” he added.

Let’s recall that agriculture currently contributes 40% of Togo’s national GDP.

Octave A. Bruce

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