News from Accra : World Bank Grants additional $19 million to FARA

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The World Bank has granted an additional US$19 million to the Accra-based Forum for Agriculture Research in Africa (FARA) to extend its Multi-Donor Trust Fund (MDTF) grant agreement for a further five years.

The report said the extension paved the way for the World Bank to accept new contributions to FARA’s MDTF.

“It was designed as an instrument of support and very much associated with CAADP, the Comprehensive Africa Agriculture Development Programme, as a form of support from outside of Africa for bringing the agricultural transformation to the continent,” Lead Agricultural Services Specialist at the World Bank David Nielson was quoted as saying during the pact signing in Washington, DC .

He said the MDTF for FARA was established about five years ago as a means of budget support to help the apex Africa Research organisation execute some of its programmes.

This is a very welcome development indeed for expansion of agricultural research in Ghana in particular and Africa in general.

Author Bio

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Mrs. Yemisi Akibu ( nee Awokoya) is the Chief Executive Officer of Belvyna Global, an agricultural consultancy service firm based in Lagos, Nigeria She is a former Team Member of the Agricultural Department of Union Bank of Nigeria Plc, one of Nigeria's first generation banks. She holds a B.Sc degree in Agricultural Economics from the University of Ibadan, Nigeria and a Masters degree in National Development and Project Planning from the University of Bradford, West Yorkshire, United Kingdom. She is passionate about the role agriculture plays in the social, economic, political development of a nation. She holds the view that one of the pillars of stability of a nation food security and this can only be achieved through the holistic development of the agricultural sector. She can be contacted via: yemisiakibu@gmail.com or info@belvynaglobal.com Remember, The Farmer Is King Enjoy my blog

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