WASHINGTON, July 31, 2008 - The following project was approved today by the World Bank’s Board of Executive Directors: IDA Credit: US$30 Million TERMS: Maturity= 35 years; Grace= 10 years Project Description: The Market-Oriented Smallholder Agriculture Project for Angola aims to increase agricultural production by providing better services and investment opportunities to smallholder farmers in selected comunas and municipios in Bie, Huambo and Malanje Provinces. The project will strengthen the technical, institutional, managerial and marketing skills of service providers, smallholder farmers and their organizations, and other stakeholders involved in agricultural production and value chains, so they can more effectively operate in a market-driven environment and prepare for the project’s agricultural investment program. The investment program will provide demand-based, matching grants to rural communities and smallholder groups and associations for village infrastructure and for agricultural production, processing and marketing. Media Contact Rachel McColgan at (202) 473-9712 rmccolgan@worldbank.org For more project information please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P093699 |
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