African Development Bank approves $11.7 million to facilitate access to fertilizers for African farmers

June 2, 2023 AELEX Admin 0 Comments

The Board of Directors of the African Development Bank on 16 May 2023 approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations.

Tuesday’s approval adds up to $16.4 million extended to the Facility to support its 2023 budget. It includes $4.7 million, which was carried over from the previous year.


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