• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

African Development Bank and Islamic Development Bank fund livestock project to improve animal product quality

Simon Osuji by Simon Osuji
June 10, 2024
in Telecoms
0
African Development Bank and Islamic Development Bank fund livestock project to improve animal product quality
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


African Development Bank Group (AfDB)

African Development Bank Group (AfDB)

Partners in the first phase of Senegal’s five-year National Integrated Livestock Development Program (French acronym PNDIES-P1) met on 28 May. Workshop participants included Senegal’s Ministry of Agriculture, Food Sovereignty and Livestock, the African Development Bank (AfDB) (www.AfDB.org), the Islamic Development Bank (IDB) and the United Nations Food and Agriculture Organization (FAO).

The project three project components — animal productivity, products and product processing, animal product marketing and skill enhancement, and project coordination and management — will help make the country’s livestock sector more competitive and sustainably increase employment opportunities for young people and women in livestock value chains. It will do so by sustainably increasing livestock productivity and production. improving the processing and marketing of animal products, and raising skills levels industry wide.

Phase 1 of the project represents an investment of 78.60 million euros, of which the AfDB provides 39.30 million, the IDB 39 provides million euros and 300,000 euros come from the Global Climate Centre (GCA).

It will be implemented in the regions of Dakar, Diourbel, Fatick, Louga, Kaffrine, Kaolack, Kolda, Sédhiou, Thiès and Ziguinchor and directly benefit at least 32,000 people working in livestock value chains, including 16,000 women and young people. A further 950,000 people (51% of whom are women) will receive indirect benefits.

More generally, the project will help improve food security, nutrition and public health among Senegal’s rural and urban populations by establishing a control system for food products of animal origin to ensure product safety. Veterinary services will be redeployed across the country and regional laboratories will be built or renovated to will help eliminate unofficial slaughtering and improve the hygiene and safety of animal products.

During the project’s two-year participatory, holistic and inclusive design phase, the technical departments of the relevant ministries were involved along with organisations involving farmers and processors, women and youth groups, other civil society actors, the private sector and technical and financial partners.

Opening the workshop, Ousmane Mbaye, Secretary General of the Senegalese Ministry of Agriculture, stressed the importance of the program for achieving food sovereignty and self-sufficiency in animal products. He acknowledged the support of the African Development Bank and thanked it on behalf of the Senegalese government for “its constant support to the livestock sector.”

Hatem Fellah, representing Mohamed Cherif, head of the AfDB country office in Senegal, praised the energetic cooperation among the three financing parties — AfDB, IDB and GCA — and the Senegalese government. He emphasised the importance that the African Development Bank attaches to the program’s efficient implementation and ultimate success, adding that the Bank will do all it can to support the work of the Ministry’s teams during program implementation.

As of 25 April 2024, the active portfolio of AfDB Group in Senegal comprised 39 operations with financing of around 2.5 billion euros. The agricultural sector accounts for 21% of the total amount, behind transport (30%), finance (15%), governance (10%), energy (8%), water and sanitation (7%), industry (4%), social (3%) and communication (2%).

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media contact:
Communications and External Relations Department
media@afdb.org



Source link

Related posts

State broadband leaders to gather at Connected America 2026

State broadband leaders to gather at Connected America 2026

February 20, 2026
Du Youth Council empowers leaders of tomorrow through strategic retreat featuring federal youth authority partnership

Du Youth Council empowers leaders of tomorrow through strategic retreat featuring federal youth authority partnership

February 20, 2026
Previous Post

Improved security coming for SAAF Memorial

Next Post

Advanced AI-based techniques scale-up solving complex combinatorial optimization problems

Next Post
Advanced AI-based techniques scale-up solving complex combinatorial optimization problems

Advanced AI-based techniques scale-up solving complex combinatorial optimization problems

Leave a Reply Cancel reply

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

RECOMMENDED NEWS

The Future is Now: Why You Should Turn Your House into a Smart Home

The Future is Now: Why You Should Turn Your House into a Smart Home

2 years ago
In Sam Altman We Trust?

In Sam Altman We Trust?

1 year ago
What’s Behind Gen Z’s Sex Recession?

What’s Behind Gen Z’s Sex Recession?

7 months ago
Tanzania’s internet shutdown drains $238m from economy, raising alarm across Africa

Tanzania’s internet shutdown drains $238m from economy, raising alarm across Africa

4 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.