Benin and Togo sign agreement to establish integrated agricultural markets at their main border

Agriculture
Wednesday, 20 November 2019 12:16
Benin and Togo sign agreement to establish integrated agricultural markets at their main border

(Togo First) - Four to six integrated agricultural markets should soon be established at the Togo-Benin border.
An agreement was signed in this regard last week by Noël Bataka, Togo's minister of agriculture, his counterpart from Benin, Gaston Cossi Dossouhoui, and Lisandro Martin, Regional Director of the International Fund for Agricultural Development (IFAD).

This project is part of the regional integrated program for agricultural markets (PRIMA). The latter aims at supporting primary markets in villages, and assembly markets in cities or border areas. Most agro-food products (plants, animals, and fish) will be sold at the newly established markets.

According to news website 24haubenin, the project between Togo and Benin is estimated at $100 million (half of which is to be provided by IFAD). In detail, $60.8 million will be used to improve market access and entrepreneurship, $26.9 million to adapt household farming to climate change, and $7 million will cover development cost.

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