Inclusive finance is key to ensure food security and transform the rural areas in East and Southern Africa
IFAD Asset Request Portlet
Inclusive finance is key to ensure food security and transform the rural areas in East and Southern Africa19 May 2017
Rome, 19 May 2017 – The International Fund for Agricultural Development (IFAD) and the Government of Uganda will bring policy makers and development practitioners together 22 -25 May in Kampala, Uganda, to discuss innovative approaches to expanding access to financial services for rural people.
The four-day workshop will review the implementation of IFAD-funded projects in East and Southern Africa and look at ways to foster the transformation of rural economies and communities and improve rural development interventions that provide rural people a way out of hunger and poverty.
Ssempijja Vincent Bamulangaki, Minister of Agriculture, Animal Industry and Fisheries, and Sana F.K. Jatta, IFAD Regional Director for the East and Southern Africa Division, will open the workshop in the afternoon of 22 May. Nearly 300 participants, including representatives of IFAD-funded projects, government, development agencies, United Nations agencies, the private sector, and members of civil society and farmers’ organizations, are expected to attend.
“Every country has to make specific policy choices and carefully target investments that empower the rural poor, especially young people and women, in a manner that enables those individuals to seize opportunities and deal with threats,” Jatta said ahead of the opening. “This workshop will be where IFAD’s experience over four decades of operation can be harnessed by the governments, project teams, private sector players, and the farmers themselves to achieve the ambitious goals of eradicating poverty, ending hunger and malnutrition, and promoting sustainable agriculture in East and Southern Africa.”
Prior to the official opening of the Regional Implementation Workshop, the first East and Southern Africa Farmers Forum will take place on 22 May in Kampala.
As of May 2017, IFAD has 44 ongoing programmes and projects in 16 countries in East and Southern Africa totaling US$1.6 billion of IFAD investments in the region’s ongoing portfolio.
Since 1979, IFAD has financed 16 rural development programmes and projects in Uganda for a total cost of $1.4 billion with $385.7 million of its own resource benefitting directly nearly five million households.
Notes to Editors:
Sana F.K. Jatta, Regional Director, East and Southern Africa Division of IFAD and Alessandro Marini, Country programme Manager and Country Director, for Uganda will be available for interviews during the workshop.
Press release No.: IFAD/31/2017
IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience. Since 1978, we have provided US$18.5 billion in grants and low-interest loans to projects that have reached about 464 million people. IFAD is an international financial institution and a specialized United Nations agency based in Rome – the UN’s food and agriculture hub.