IFAD President meets government authorities in Côte d’Ivoire

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IFAD President meets government authorities in Côte d’Ivoire

Talks in Abidjan focused on food security and bilateral cooperation

Rome, 20 August 2009 – Kanayo F. Nwanze, President of the International Fund for Agricultural Development (IFAD), met Guillaume SORO, Prime Minister of the Republic of Côte d'Ivoire.  Nwanze's visit to the country is his first since being elected President of IFAD in February 2009.

During Nwanze's stay in Côte d'Ivoire from 19-20 August, he also met Amadou Gon Coulibaly, Minister of Agriculture; Alphonse DOUATI, Minister for Livestock Production and Fishery Resources; other senior government officials; members of the donor community present in the country; and IFAD project staff.

During these meetings, discussions focused on addressing the needs of smallholder farmers and poor rural people, achieving national food security and consolidating bilateral cooperation.

IFAD's support to the Government in response to the soaring food prices and the country's post-conflict situation and investment in agricultural development programmes also featured on the agenda.

IFAD is assisting the Government of Côte d'Ivoire in facing the consequences of an increase in commodities' prices by implementing an Emergency Intervention Plan for 2008-2009. A contribution of 1.9 billion CFA francs (CFAF) through the IFAD-financed Small Horticultural Producer Support Project will help to bring about a major increase in rice production in the departments of Boundiali, Korhogo, Ferkessedougou, Katiola, Bouake, Beoumi and Sakassou. 

IFAD is also working with the Government on the formulation of a new programme. The Agricultural Rehabilitation and Poverty Reduction Project (PRAREP) will be submitted to the IFAD Executive Board in December 2009. It is a post-crisis project that aims at strengthening rice, cassava and yam production among rural groups made vulnerable by the crisis. IFAD will cofinance this project by providing a loan of CFAF 0.5 billion to the Government of the Republic of Côte d'Ivoire.

The meetings of IFAD's President in Abidjan also looked at speeding up the preparation of a country strategic opportunities programme (COSOP) for Côte d'Ivoire.

Since 1984 IFAD has invested US$66.7 million in seven programmes and projects in Côte d'Ivoire, in operations of a total value of US$225.7 million. The Small Horticultural Producer Support Project, which is ongoing, became effective in 2001. The operation is IFAD's first thematic project focusing on small-scale irrigation related primarily to vegetable production and marketing in West Africa.

Its goal is to build the institutional, organizational and technical capacities of farmers' groups, the private sector, NGOs and public agencies to develop irrigation on a small scale.

Press release No.: IFAD/38/09

The International Fund for Agricultural Development (IFAD) works with poor rural people to enable them to grow and sell more food, increase their incomes, and determine the direction of their own lives. Since 1978, IFAD has invested over US$11 billion in grants and low-interest loans to developing countries, empowering some 340 million people to break out of poverty. IFAD is an international financial institution and a specialized UN agency based in Rome – the UN's food and agricultural hub. It is a unique partnership of 165 members from the Organization of the Petroleum Exporting Countries (OPEC), other developing countries and the Organisation for Economic Co-operation and Development (OECD).