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Benin: African Development Bank Approves Over $30 Million to Protect Farmers from Climate Shocks and Food Insecurity
The project strengthens the Beninese government's efforts to establish agricultural insurance, whose pilot phase is managed by Benin's National Fund for Agricultural Development (FNDA)
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $30.25 million in financing for a groundbreaking climate protection and agricultural sector resilience program in Benin. Thanks to this approval, Beninese farmers, particularly those in northern Benin, will no longer have to fear losing their entire harvest…