Burkina Faso receives $60 million for livestock development support from World Bank
26-07-2017 10:38:47 | by: Bob Koigi | hits: 5645 | Tags:

The World Bank has approved a $60 million International Development Association credit for Burkina Faso. Of the estimated 300,000 producers to benefit from the Livestock Sector Development Support Project (PADEL-B), 30 percent are women and 20 percent are young people.

Livestock producers will be the principal beneficiaries of vaccination campaigns and other project-related interventions, while public and private sector stakeholders and the other parties involved in livestock production and livestock value chains will also receive assistance.

“One of the greatest obstacles to Burkina Faso’s economic development, which were highlighted in the National Economic and Social Development Plan (PNDES), is low agricultural productivity,” said Cheick Kanté, World Bank Country Manager for Burkina Faso. “This project seeks to enhance sedentary livestock productivity while developing the related value chains in line with PNDES recommendations for agricultural transformation in Burkina Faso.”

PADEL-B is a complementary project to the Regional Sahel Pastoralism Support Project (PRAPS), which is currently being implemented in the six Sahelian countries, and is in line with the principles of the Nouakchott Declaration on Pastoralism, including support for improved productivity, sustainability, and resilience of pastoral livelihoods.

In addition to the support provided to livestock producers in various geographic areas, the project covers animal health activities, the production and distribution of livestock feed, access to market information, and livestock sector crisis management.

The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives.

IDA is one of the largest sources of assistance for the world’s 75 poorest countries, 39 of which are in Africa. Resources from IDA bring positive change to the 1.5 billion people who live in IDA countries. Since 1960, IDA has supported development work in 113 countries. Annual commitments have averaged about $18 billion over the last three years, with about 54 percent going to Africa.

www.worldbank.org