Business Nigeria, Other African Countries Get $3.3m Rice Grant From Bill Gates

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Nigeria and three other African countries- Burkina Faso, Ghana and Tanzania – are set to benefit from a $3.3 million grant provided by Bill and Melinda Gates (BMGF) and the German Development Cooperation (BMZ), under their Competitive African Rice Initiative (CARI) project, Pafexe sayss.

Reports say the implementing institutions of the grant are led by GIZ, Technoserve, the John A. Kufuor (JAK) and Kili Trust (KT).

The project, which will end in 2017 is targeting about 120,000 small scale rice producers, while secondary beneficiaries are the rural service providers and rice millers. The initiative is geared towards improving their sourcing capacity of quality supply.

Speaking on the establishment of the Nigeria/ECOWAS Rice Sector Policy and Regulation Advocacy Platform in Abuja, CARI’s project coordinator, Mr. Stefan Kachelriess-Matthess, said: “The projects are implemented at two levels of support, we support up to 40 percent of implementation cost and our Nigerian partners in the private sector have to provide 60 per cent of the implementation cost.”

Also Special Adviser to President Goodluck Jonathan on the New Partnership for Africa’s Development (NEPAD), Mrs. Fidelia Njeze, expressed the hope that the CARI project will address coordination failures, create better linkages among rice value chain actors, the result which, she said, will lead to increase in the economic returns for all stakeholders.

#Nigeria #Africa #Gates

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All this while our sure rich are buying all the properties in London, Paris and New York

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