GAFSP Funding Secured for Farmers

Zambia will receive part of a US$14 million allocation from the Global Agriculture and Food Security Program (GAFSP) via the African Development Bank to boost agro-input access. The funding will de-risk up to US$200 million in private sector financing through the Agro-Inputs Risk Sharing Facility. The initiative targets small- and medium-sized agricultural enterprises, aiming to benefit over 1.5 million smallholder farmers and 500 agro-dealers across Zambia, Malawi, Tanzania, Uganda, and Ethiopia.