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Tuesday, 13 December 2011

UNIDO, French Development Agency sign financing agreement to support agribusiness and agro-industries development initiative

VIENNA, 13 December 2011 – The French Development Agency (AFD) will finance projects by the United Nations Industrial Development Organization (UNIDO) that focus on the Accelerated Agribusiness and Agro-industries Development Initiative, or 3ADI through a contribution to UNIDO’s Food Security Trust Fund.

An agreement on this was signed today by UNIDO Director-General, Kandeh K. Yumkella, and Ambassador Florence Mangin, Permanent Representative of France to the United Nations Office and International Organizations in Vienna.

The 3ADI programme supports the expansion of agro-commodity value chains, mostly in the food sector, as a means of wealth creation and food security in rural Africa.

UNIDO is working together with the Food and Agriculture Organization (FAO) and the International Fund for Agricultural Development (IFAD) on technical assistance programmes that target smallholder farmers and agribusinesses in low-income countries across Africa. The combined expertise and resources of the three partners bring in comprehensive solutions along the value chain, from improved inputs into agriculture, modernized farming techniques, strengthened farmers organizations, updated processing technologies, packaging, quality control and food safety.

Consultations with local stakeholders led to the selection of the following value chains: Comoros—fruit and vegetables; DR Congo—cassava, oil palm; Ghana—cotton; Liberia—fruit and vegetables, rice, fisheries; Madagascar—bio-silk and bio-honey; Nigeria—cassava, rice, livestock; Rwanda—livestock, milk; Sierra Leone—ginger, cashew nuts; Sudan (North)—leather; Sudan (South)—cereals; Tanzania—red meat, cashew nuts.

France is UNIDO’s fifth largest donor over the period 2006-2010 with net voluntary contributions to UNIDO programmes amounting to over USD 20 million.