How investments in WAFM is stimulating growth in food production and processing in West Africa
Agriculture is core to the economy of West Africa, representing some 35 per cent of the region’s GDP and offering about 60 per cent of all jobs. The meaningful development of agriculture will bolster food security and potentially drive overall economic growth in the region. But that growth can only be attainable when there is targeted, sustainable investment in the sector. In 2014, the West Food Markets Programme (WAFM), a UKaid/Department For International Development (DFID) funded project aimed at addressing regional food insecurity in the Economic Community of West African States (ECOWAS) and enhancing staple food trade along the Ghana-Burkina Faso and Nigeria-Niger corridors was started. This enterprise-driven programme where West African private sector firms can reach farmers, consumers, youth and women, creating and consolidating jobs, and improving nutrition, incomes, prosperity and stability, is managed by the Palladium Group. Today February 26, 2019 during a close-out forum,...