PRODAK to benefit from $5.6M funding over three years

Agriculture
Monday, 17 September 2018 16:49
PRODAK to benefit from $5.6M funding over three years

(Togo First) - Launched by Bernadette Legzim-Balouki, minister of Trade, the Project for the sustainability and reinforcement of cashew and sheanut’s commercial capacities (PRODAK) will benefit from a three-year $5.6 million financing. This was disclosed by Commodafrica. 

In this framework, Togo’s government and the World Trade Organization (WTO) signed a financing agreement last week. The monies will be disbursed via the Reinforced Integrated Scheme, which is led by the WTO.

The project’s end-goal is to improve the quality of cashew, sheanut and their derivatives. It should also help both sectors’ productivity, making them true cash crops. This will also help slightly raise revenues of the sectors’ actors.

Séna Akoda

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