Togo: New IFAD support for the Togolese agricultural sector to the tune of USD 2.4 million for the ProsMAT project

The Togolese agricultural sector has received a significant financial boost with a new $2.4 million grant from the International Fund for Agricultural Development (IFAD).

 

This funding, equivalent to approximately 1.5 billion FCFA, is allocated to support the implementation of the Agroecological Vegetable Farming Promotion Project in Togo (ProsMAT).

The financing agreement was signed in Lomé late last week.

 

The agreement was formalized by Kabore Jean Pascal, IFAD Country Director, and Ayéfoumi Olou-Adara, President of the Board of Directors of the Togolese Coordination of Farmers’ Organizations and Agricultural Producers (CTOP).

 

This official signing represents a crucial step towards the sustainable development of Togo’s agricultural sector.

 

The partnership between IFAD and CTOP highlights the importance of strong collaborations for rural development.

 

The support from IFAD is essential for achieving sustainable development goals and improving the livelihoods of Togolese farmers.

 

The $2.4 million funding from IFAD for the ProsMAT project marks a significant advancement for Togolese agriculture.

 

By promoting agroecological vegetable farming, the project aims to enhance farmers’ resilience to environmental and economic challenges.

 

The signing of this agreement in Lomé signals the beginning of a promising collaboration that aims to foster a more sustainable and prosperous agricultural future in Togo.

 

Chantal TAWELESSI

 

Posts Grid

Football/ Togo’s Kevin Denkey makes high-profile move to MLS

Kevin Denkey, the Togolese striker known for his prolific scoring record, is set to embark on a new chapter in Major League Soccer (MLS). After...

Real Madrid faces dilemma over Arda Güler’s future

Arda Güler’s rocky start at Real Madrid has raised questions about the club’s plans for the talented 19-year-old midfielder. Signed last summer from Fenerbahçe with...

Football/ Pep Guardiola set for Manchester City contract extension

Manchester City manager Pep Guardiola is on the verge of extending his stay at the club, with an official announcement expected in the coming days,...

Football/ Argentina edges past Peru in World Cup 2026 Qualifiers

World Cup champions Argentina secured a narrow 1-0 victory against Peru in Tuesday night's CONMEBOL World Cup 2026 qualifying match at La Bombonera stadium in...

Foot/ Barça: Robert Lewandowski eyes extended stay at FC Barcelona amid future plans

Polish striker Robert Lewandowski could remain at FC Barcelona until 2027, signaling his commitment to the Catalan club despite growing interest from other leagues.  ...

Mike Tyson’s comeback ends in defeat against Jake Paul

The much-anticipated return of boxing icon Mike Tyson ended in disappointment on Friday night in Arlington, Texas. The 58-year-old legend faced 27-year-old YouTuber-turned-boxer Jake Paul...

Leave a Reply

Your email address will not be published. Required fields are marked *